Dennis Porter, the founder and CEO of the Satoshi Act Fund Fund, is convinced that Utah will be the first state that Uta has passed the strategic bitcoin reserve method in the United States.
An interview with Simping Bitcoin and the Sennthia Ramis, a member of the co -party, explained that there were already 11 states, which introduced a strategic bitcoin (BTC) preliminary law. He predicts that this number may reach 15 states this year.
“We think we will reach 15 in 2025 alone. It can be more than that, and several states have several bills.
When asked what the United States was, Porter was confident that he believed that he would pass the strategic bitcoin reserve first. Despite the latest state that introduces the law from 11 states, Porter said Utah had the shortest time to make a final decision on government law.
“Nobody else has a faster calendar, and no one has any political momentum and will to achieve it,” he added.
Not only that, he also explained the digital asset taskforce in Utah. This is especially dedicated to voting for Crypto and Web3 invoices during the off -season.
“All bills born from the taskforce have been passed to the law in the past few years, and the strategic bitcoin preliminary law has just died from the task force,” Porter said.
In addition, Porter stated that he was “very bullish and supports the law at the federal level very much,” but at the end of the day he had a strategic protection area of bitcoin. He said that it would prosper.
This is because the budgets acquired by the state through taxes are limited. If the dollar's value plummet, the budget will rise sharply. Bitcoin reserves can further protect their funds by diversifying their assets and storing them in bitcoin.
Just today, Bitcoin fell after Trump announced imported trade duties from Canada and Mexico and 10 % of Chinese products. BTC has decreased by more than 4 % in the past 24 hours and is currently trading for $ 95,275, according to Crypto.news.
“They have the ability to protect themselves from the collapse of the federal level and guarantee that they can continue to pay the programs they have without raising taxes,” Porter said.
Senator Lamis promoted a strategic Bitcoin protection at the national level, but agreed to the porter when the state said that the state would first conduct a strategic bitcoin reserve. Lamis used to be a Wyoming State accounting.
“The nation is a national innovative, and they are innovation incubators, so I think some of these states will see the advantages first,” Lummis said.
At this time, Ramis and her team are working to acquire a supervisory coalition to pass a strategic bitcoin reserve bill at the federal level.
“We want to make sure that this is a superb Participation, and we need to get the 60 % voting threshold required in the U.S. Senate, and I worked with my colleagues. [White] Home and we have a good success to promote this idea, “Lamis said.
