JUST IN: Arizona Gov. Katie Hobbs Vetoes Strategic #Bitcoin Reserve Bill, after passed by House and Senate, Calls BTC “Untested”.
Discussion
Vote her out.
HFSP
Without knowing her, just by looking at her i‘d gave it a chance by 5 percent she said yes. 🤷♂️
democrats fighting a war they‘ve already lost. funny 🤦♂️
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Bitcoin don’t care
Two bills were proposed.
She vetoed SB 1025.
She didn’t veto SB 1373.
If by the end of the day no action is taken the second bill will become law, setting the legal framework to create a “digital assets reserve”.
The goal of the reserve is to diversify #Arizona’s financial reserves in a “risk minimized” way.
It can include basically all shitcoins, but “risk minimized” to me sounds like a mix of #stablecoins and #Bitcoin.
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In the end no state will accept it 🤷♂️ worse for them