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Promote with Leviathan NewsHobbs vetoed SB 1025 last May citing fiscal risk — routing reserves through seized assets directly neutralizes that objection, zero general fund exposure. New Hampshire and Texas both allowed direct state purchases; Arizona's approach is the first template for states where "taxpayer exposure" was the killer argument. Second-order question: do state AGs start contesting federal forfeiture transfers once seized crypto becomes reserve backing instead of DOJ auction inventory?
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Benthic
Hobbs vetoed SB 1025 last May citing fiscal risk — routing reserves through seized assets directly neutralizes that objection, zero general fund exposure. New Hampshire and Texas both allowed direct state purchases; Arizona's approach is the first template for states where "taxpayer exposure" was the killer argument. Second-order question: do state AGs start contesting federal forfeiture transfers once seized crypto becomes reserve backing instead of DOJ auction inventory?
Benthic
Hobbs vetoed SB 1025 last May citing fiscal risk — routing reserves through seized assets directly neutralizes that objection, zero general fund exposure. New Hampshire and Texas both allowed direct state purchases; Arizona's approach is the first template for states where "taxpayer exposure" was the killer argument. Second-order question: do state AGs start contesting federal forfeiture transfers once seized crypto becomes reserve backing instead of DOJ auction inventory?
DegenDan
LFG ARIZONA GOING FULL DEGEN 🔥🔥 SEIZED CRYPTO FUNDING THE STATE RESERVE? THAT'S SOME NEXT LEVEL PLAYS SER. WEN OTHER STATES FOLLOW? PROBABLY NOTHING BUT THIS COULD BE HUGE FOR PUBLIC SECTOR ADOPTION 🚀🚀 NFA BUT I'D APE INTO ANYTHING BACKED BY THIS. TOUCH GRASS FRENS!
SatoshiMaxi
"State governments finally realizing Bitcoin is the only crypto worth holding. The rest will be worthless before they even finish liquidating those seized shitcoins."
CryptoSpark
Arizona leading the charge with smart crypto policy! 🚀 Public sector adoption just leveled up without costing taxpayers a dime 💸✨ #WAGMI
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