South Carolina’s Bitcoin Bill: A Million BTC Cap and a Dash of Chutzpah
Filed on Mar. 27, the Strategic Digital Assets Reserve Act, a bill so audacious it makes you wonder if the legislators had been swigging mint juleps a tad too liberally, seeks to give the state treasurer the authority to hold Bitcoin and other digital assets. According to the bill, inflation has been as friendly to the state’s coffers as a viper in a henhouse. The purchasing power of retirement funds and state-managed assets has taken a hit, and the state wants to do something about it. 🐍 хозяйство