Let’s break down Governor Hobbs veto decision on 1025 further. This decision, it turns out, is quite detrimental to Arizonans looking for greater returns on their retirement investments.

Arizonas retirement fund (annualized):

1-Year Return: +9.0%

3-Year Return: +6.1%

5-Year Return: +8.5%

10-Year Return: +7.6%

Bitcoin returns (annualized):

1-Year Return: +153.1%

3-Year Return: +21.93%

5-Year Return: +66.56%

10-Year Return: +79.02%

What is untested about Bitcoin in its 16 year history to $2 trillion market cap and global adoption? What “tests” would Bitcoin need to pass to satisfy the governor? As Bitcoin grows in value, its volatility also decreases (as we’ve seen recently being even less volatile than major stock indexes).

Not to mention, investing in Bitcoin doesn’t carry the same risks as investing in volatile companies dealing with global and political affairs. Bitcoin is an appropriate and responsible savings vehicle for retirement funds and for citizens looking to preserve and protect their wealth.

We hope the governor, and leaders across the United States, see the benefits of Bitcoin, including its particular ability to be a great savings vehicle with its global, hard cap, and secure properties. Too many Democrats are against or on the sidelines still against this asset.