Well, well, well, Texas has decided to dip its toes—or maybe cannonball—into the crypto pond. The Texas House just gave a thumbs-up to SB 21, a bill that’s basically saying, “Let’s turn Texas into the Bitcoin capital of somewhere.” The vote was a solid 101-42—because nothing says ‘serious’ like a bipartisan love for digital gold.
Now, this isn’t just any bill. No, sir. Authored by Senator Charles Schwertner (the man with a plan), it sets up a Bitcoin reserve managed by the state’s very own ‘Math Whiz’ (aka the comptroller). The law is so forward-thinking, it allows investments in any cryptocurrency boasting a market cap over $500 billion in the past year. Guess what? Bitcoin’s the only player on that particular playground. 🧐
Before the vote, Giovanni Capriglione—who clearly missed his coffee—told the chamber this was a “pivotal moment in securing Texas’s leadership in the digital age.” Because nothing screams leadership like a giant pile of Bitcoin, right? He went on to say we’re embracing “a modern asset with traditional properties for future promise.” Or, in less fancy terms, ‘We’re betting the farm on digital shiny stuff.’
Of course, this is all still happening—like the plot of a very confusing sci-fi novel. Stay tuned for more updates. Who knew Texas would be the first to saddle up on the Bitcoin rodeo? 🏇💰
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2025-05-21 20:53