Summary
- The Alabama State Auditor has publicly proposed the establishment of a Bitcoin Reserve.
- Bitcoin is emphasized as an option for portfolio diversification based on the long-term success of virtual assets.
- Bitcoin is proposed as a means to address currency-related risks.
Andrew Sorrell, the State Auditor of Alabama, has publicly proposed the establishment of a Strategic Bitcoin Reserve (SBR).
According to a report by Bitcoinist on the 11th (local time), Sorrell emphasized in an interview with 1819 News that "the long-term success of Bitcoin and virtual assets is inevitable. The debate over whether virtual assets can succeed is over. A Bitcoin reserve is a good option for portfolio diversification and addressing currency-related risks."
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
