Under a new bill, South Carolina’s State Treasurer could allocate up to 10% of the state’s funds into #bitcoin (with a hard cap at 1 million).
The bill also mandates a proof of reserves.
Discussion
There are 50 US states and South Carolina generously says they'll stop accumulating when they have 1 of every 21 BTC that will ever be mined... 🤣
Hard cap of one million bitcoins obviously
