According to ChainCatcher, Dennis Porter, co-founder of Satoshi Action Fund, stated on X that state-level Bitcoin reserves are crucial for protecting taxpayers' funds. Unlike the federal government, states cannot print money or endlessly raise the debt ceiling. Since 2018, the purchasing power of the US dollar has lost approximately 25%. A 3% Bitcoin allocation can completely offset this loss.
Satoshi Action Fund Co-Founder: Bitcoin reserves at the state level are essential to protecting taxpayer funds
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