🚨Today, I filed HB 703 to create the Ohio Bitcoin Reserve within the state treasury!
Provides state treasurer authority & flexibility to invest in #Bitcoin
This legislation creates the framework for Ohio’s state government to harness the power of Bitcoin to strengthen our state finances.
As the US dollar undergoes devaluation, #Bitcoin provides a vehicle to supplement our state's portfolio and preserve public funds from losing value.
It has been unprofitable to hold $ETH over $BTC for 2,113 days, which is 62% of its trading history.
Unless you were around in 2016 til mid-2017, or bought the bottom in 2019-20, you would have been better holding the orange rock.
Brutal.
This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy.
Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy
@YungBotanist I’ll leave the chug jug in the treasure chest outside of Salty Springs and expect it to still be there when i come back for it later after looting Moisty Mires