This is Texas doing what Texas does best - moving first. Letting cities invest up to $10 million in Bitcoin is still just a bill for now, but it shows the direction. Cities are starting to think like long-term holders, not just like spenders. $10 million may not sound huge for a city, but it is a strong signal. It means Bitcoin is being treated as a real reserve asset, not just an experiment. If even one or two cities do it and it works, others will follow quickly. Texas could become the template for how local governments hold Bitcoin. Fractions of a penny for your thoughts? Would you trust your own city to hold some Bitcoin, or should they leave it alone?
This is Texas doing what Texas does best - moving first.
Letting cities invest up to $10 million in Bitcoin is still just a bill for now, but it shows the direction. Cities are starting to think like long-term holders, not just like spenders.
$10 million may not sound huge for a city, but it is a strong signal. It means Bitcoin is being treated as a real reserve asset, not just an experiment.
If even one or two cities do it and it works, others will follow quickly. Texas could become the template for how local governments hold Bitcoin.
Fractions of a penny for your thoughts? Would you trust your own city to hold some Bitcoin, or should they leave it alone?