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Will Texas pass legislation for a Strategic Bitcoin Reserve by end of 2024?
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Texas•Bitcoin•Giovanni Capriglione•Strategic Bitcoin Reserve•Dennis Porter•Satoshi Action Fund•United States
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Texas state government or legislative records
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Texas Seeks to Become First State with Strategic Bitcoin Reserve; Lawmaker Capriglione Leads Effort
Nov 22, 2024, 05:52 AM
Texas lawmakers are initiating discussions to establish a strategic Bitcoin reserve, with legislator Giovanni Capriglione stating, "I want Texas to have a Strategic Bitcoin Reserve first." Dennis Porter, CEO of Satoshi Action Fund, is actively working on the legislation, emphasizing that the initiative could secure Bitcoin mining in the United States and protect against inflation. The proposed legislation aims to position Texas as the first state to hold Bitcoin as a strategic asset, potentially safeguarding the state's economic future against external pressures.
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Yes • 50%
No • 50%
Yes • 50%
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Both pass • 25%
Only Texas passes • 25%
Only Pennsylvania passes • 25%
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Passed and implemented • 25%
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Still under consideration • 25%