Dennis Porter: State-Level Bitcoin Reserves Are Crucial for Protecting Taxpayer Funds
Dennis Porter, co-founder of the Satoshi Action Fund, stated on X that state-level Bitcoin reserves are crucial for protecting taxpayers' funds. Unlike the federal government, states cannot print money or endlessly raise the debt ceiling. Since 2018, the purchasing power of the dollar has lost about 25%. A 3% Bitcoin allocation can completely offset this loss.
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