Context for Chatgpt:
As soon as he came to power last January, Donald Trump proposed the establishment of a national bitcoin reserve. Since then, several American entities have launched steps to be.
Finally, the official bitcoin reserve in the US!
Does the assets of the Bitcoin governments seem to fall? The United States does not care! On the contrary, more and more entities maintain rare BTC.
You probably know the city of Roswell, located in New Mexico and is known for its UFO stories. This has just entered history by becoming the first American community to create a bitcoin reserve. But that was not created as we think! It was not purchased tokens, but simply an anonymous gift of $ 3,000 in bitcoins made by 3 January 2025.
Roswell, New Mexico now holds #Bitcoin In his balance sheet.
Mayor for Tem Julian Halvorson signed a new bitcoin strategic reserve in the city. pic.twitter.com/lfdfp7bosq
– TFTC (@tftc21) April 30, 2025
After retaining assets, the city authorities found out what to do with them. The latter launched the Roswell Strategic and Emergency Reserve Fund yesterday. The purpose of the initiative is completely fed BTC and for the next 10 years it is in Bitcoin to receive various gifts and sponsorship in Bitcoins. The generated income will be able to cover water accounts for the elderly in the city if necessary.
But that’s not all! Once the bitcoin reserve has reached $ 1 million, it will be converted to liquid emergency funds. During, approximately 21 % of its value, it can be used every five years in the case of a disaster and a decision of the city council.
Similar initiatives multiply
Roswell’s Bitcoin reserve has a good reason to be jealous: before it, no one has been able to formalize such an initiative. Instead, US states are still tightened in administrative procedures.
Arizona confirmed the project of strategic reserves yesterday and became the state closest to the goal. However, they must obtain approval of the local governor to formalize the matter. Meanwhile, Alabama, Texas, California, Florida and New Hampshire also introduced their files.
One of the largest catalysts could be the National Bitcoin reserve designed by Donald Trump, whose large report is expected to be expected on May 5. This should offer several strategies to accumulate funds without dear taxpayers, with a possible jump included in BTC!
Morality of History: To keep bitcoins than to obtain, requires greater strength and talent.
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