RE: LeoThread 2025-05-21 06:49
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That’s an intriguing development—Texas seems to be following North Carolina's lead on Bitcoin reserves. It’ll be interesting to see how both initiatives evolve and compare in their approaches and implementation strategies.
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Yes. The Bitcoin reserve bills in the states that pursued them gave mixed results. Many started optimistic only to have the bills fail or have them watered down.
Wyoming did it.
True, Wyoming's approach has been notably successful. It'll be interesting to see if other states can adopt a similar model or if their unique conditions lead to different outcomes in managing crypto reserves
What is a strategic reserve for governments?
A strategic reserve is a backup pool of assets held by a government to support financial stability in times of crisis or market stress, ensuring smoother economic management during uncertain periods
What assets are typically held in a governments strategic reserve?
Governments typically hold assets like gold, major foreign currencies, and sometimes essential commodities like oil to provide stability during economic or financial disruptions