Satoshi Action Fund Co-Founder: State-Level Bitcoin Reserves Are Crucial for Protecting Taxpayer Funds
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ChainCatcher reports that Dennis Porter, co-founder of the 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 dollar has lost about 25%. A 3% Bitcoin allocation can completely offset this loss.
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