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Check out the latest episode of ‘BITCOIN SEASON 2: We Need Bitcoin For State Pensions, Not Treasuries’ in partnership with @blockspace!
Oklahoma is missing out on half a billion $$$ because the state rejected it’s Strategic Bitcoin Reserve Bill! How does the legislative process work and where did the bill break down? @Storm_R0 explains how it’s not straightforward how an SBR gets passed.
Notes:
- Over half of US states have proposed SBR bills
- Oklahoma SBR bill passed 77-15 then died in committee
- Pension funds typically 4x larger than state funds
- 5% Bitcoin allocation = $500M opportunity cost
- Montana SBR had $50M cap with specific fund source
- AI changing labor market in big tech companies
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