My dear, the Lone Star State has positively outdone itself. Texas, ever the flamboyant trailblazer (and occasional cautionary tale at cocktail parties), has sashayed onto the digital stage as the first U.S. state to toss taxpayers’ actual dollars—not Monopoly money, mind you—into a bonafide Bitcoin piggy bank. Governor Abbott, never one for subtlety, put quill to parchment (or likely Montblanc to taxpayer-funded stationery) and voilà! Texas storms ahead, while Arizona and New Hampshire remain indecisive, sipping tepid tea and speaking wistfully about “potential” Bitcoin, like dreamers at the roulette wheel who never place a bet.
Lest you clutch your pearls over financial recklessness, rest easy: the $10 million set aside for this little crypto soirée represents less than the cost of a single armadillo-themed barbecue (or, if one must be precise, about 0.0004% of the budget). Nevertheless, it seems destined to make ripples. The move is, to paraphrase our blockchain baron Lee Bratcher, more a declaration of digital intention than a severe flirtation with bankruptcy.
In an inspired burst of bureaucratic enthusiasm, the esteemed Governor inked the Bitcoin Reserve Bill SB 21 the instant it swept through the Texas House—supported by 105 visionaries (and 23 doom-mongers, whose invitations to the afterparty have presumably been lost in the mail). Senator Charles Schwertner and gallant Representative Giovanni Capriglione led the charge, armed with grand speeches and, presumably, robust Wi-Fi connections.
Apparently, these digital tokens will help fortify Texas’s economy—a claim made with straight faces by people who’d bring a lasso to a blockchain conference. Rep. Capriglione calls it “forward-thinking.” One wonders if it’s also backward-justifying, but no matter. The spotlight’s on Texas, ladies and gentlemen, and they’re HODLing center stage. 🌵💰🚀
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2025-06-24 11:21