North Carolina Looks to Acquire Bitcoin
North Carolina allocates $50,000 to study whether the state should hold Bitcoin. The HB721 bill was passed with 75-38 votes....
- The US state of North Carolina has passed a bill to study the impact of acquiring Bitcoin (BTC) and its viability as a hedge against inflation.
- The bill allocates $50,000 to study if assets such as gold and Bitcoin could be used as a hedge against inflation.
- The North Carolina Bitcoin bill received 75 votes in favor and 38 votes against it.
- The crypto community believes that more states should follow North Carolina's example.
The sentiment towards the North Carolina Bitcoin bill and its potential impact is generally positive, with the crypto community expressing support and calling for more states to follow suit.