AZ Dem governor Katie Hobbs just vetoed the Arizona bills on digital assets and state Bitcoin reserve.
She's the worst.
Discussion
Temporary road block or something worse? What’s your take?
It's dead for the session. They are now only working on budget bills.
The session ends after budget, then behind next January anew.
Their state house able to override? Idk AZ laws
Yes, by a 3/4 override. However they passed with only a slim majority.
Wow
I'm not in favor of gov BTC reserves. They're net negative to the network
Since states cannot print their own money, I don't agree. Most states have a Treasury, retirements, investments, and so forth. The state of Arizona owns gold and silver and copper and some other things already. Holding a portion in Bitcoin is great for a state.
I do not want however the Federal Government to print money to buy Bitcoin.
Seperately, how is a reserve of bitcoin be a net negative to the network? I don't understand.