Cool, soon all 50 states will have a Bitcoin reserve, right?
Discussion
My view is that states want to position themselves favorably for the moment the U.S. might establish a national strategic reserve. Game theory comes into play at every level—federal, state, and even individual investors. I’d hate to be the “stick in the mud” state that rejects the idea due to Democratic leanings, only to be left behind if the rest of the country, and the nation as a whole, decide to adopt it.