Florida Might Be Stacking Sats With Your Tax Dollars
March 12, 2025 at 3:07 PMby The Block Whisperer
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Florida Rep. Donalds proposes state Bitcoin reserve using budget surplus as hedge against dollar decline, joining 20+ states exploring crypto treasuries.
Florida just entered the Bitcoin game in a major way.
Congressman and gubernatorial hopeful Byron Donalds dropped a bombshell proposal to create a state Bitcoin reserve.
This is a direct middle finger to the Fed's money printer, flexing the state’s rights that so many freedom-oriented jurisdictions are so bullish on when it comes to the United States.
Donalds isn't pitching Bitcoin as some get-rich-quick scheme for the Sunshine State.
He's positioning it as digital gold – a direct hedge against the dollar's inevitable decline.
With Bitcoin's hard cap of 21 million coins, he's betting that Florida's treasury will thank him when inflation keeps eating away at traditional reserves.
The funding plan is surprisingly straightforward.
Florida's sitting on budget surpluses that could be allocated to Bitcoin without dipping into taxpayers' pockets.
It's essentially the same playbook pension funds use for securities, just applied to the hardest money ever created.
Donalds even compared it to strategic oil reserves – except this one appreciates rather than sits in the ground waiting for a crisis.
Florida's not even close to being the first state looking to secure its bag with Bitcoin.
Pennsylvania already has legislation on the table to move 10% of its funds into BTC.
Over 20 other states are cooking up similar moves, with Texas leading the charge in actual implementation.
The state-level Bitcoin adoption wave is hitting faster than most people realize.
The timing couldn't be better with Trump's recent executive order establishing a Strategic Bitcoin Reserve at the federal level.
The stars are aligning for Bitcoin to become America's newest strategic asset class.
State treasuries are watching this move closely, and Florida clearly wants to be ahead of the curve rather than playing catch-up.
This is what happens when Bitcoin goes from "magic internet money" to national security interest in under 15 years.
Critics are already screaming about volatility like it's 2017 all over again.
The "what if Bitcoin crashes?" crowd is out in full force, conveniently ignoring the dollar's 98% devaluation over the last century.
Meanwhile, Bitcoin just keeps outperforming every other asset class over any 4-year timespan since its creation.
The short-term price action might be wild, but the long-term trend speaks for itself.
Florida's potential Bitcoin reserve represents a major legitimacy milestone for crypto.
We're watching the transition from "Bitcoin is a scam" to "Bitcoin is a strategic reserve asset" in real time.
Whether Donalds wins his gubernatorial bid or not, the conversation around Bitcoin as a treasury asset has fundamentally changed.
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