2026-01-09 21:27:43

Florida lawmakers continue pushing for increased Bitcoin integration at the state level. Rep. John Snyder has introduced HB 1039, proposing to direct up to 10% of the state's treasury reserves into Bitcoin holdings. This marks the third legislative attempt in the region—two similar bills, HB 487 and SB 550, were withdrawn during the previous session. The recurring efforts signal growing momentum among U.S. policymakers toward mainstream crypto asset adoption as a state treasury strategy. Such proposals reflect broader discussions about Bitcoin's role as a potential inflation hedge and store of value for government reserves.

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BlockBargainHunter

· 01-09 21:57

It's the third time already, it seems like these Florida legislators are really getting carried away.

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TxFailed

· 01-09 21:57

third time's the charm i guess? ngl watched this same play twice already, technically speaking florida's just speedrunning the "how to FOMO into btc" tutorial. saved them a few basis points by not buying at the top last cycle, but honestly... learned this the hard way—government reserves + volatile assets = user experience nightmare waiting to happen

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MondayYoloFridayCry

· 01-09 21:57

Florida really has me hooked, three times in a row... This time, directly 10% of the inventory is dumped into Bitcoin. If it weren't for the previous two times falling flat, I would have believed it.

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gaslight_gasfeez

· 01-09 21:51

Are Florida lawmakers really serious about Bitcoin reserves? The third time... Will it pass this time?

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Frontrunner

· 01-09 21:48

Is Florida going all in on Bitcoin? The third time and still not calming down. I just want to see if it can finally pass or not.

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TokenomicsDetective

· 01-09 21:38

This wave in Florida is really intense. After three consecutive proposals, this time they are directly planning to take 10% of the state treasury to buy Bitcoin. I have to say, the politicians are finally waking up.

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