Bitcoin and US government officials have criticized the decision of Arizona Katie Hobbes to arrest a draft law that would allow the state to carry as part of its official reserves.
“This will advance badly,” the co -founder of Kaza and CypherPunk Jameson Lopp He said In the May 3 publication. Bitcoin (BTC) businessman Anthony Box He said“Imagine the political ignorance of the belief that it could make investment decisions.”
An invitation to government officials who understand Bitcoin is the “future”
“If you cannot outperform Bitcoin, she must buy it,” said Boxbrano. “We need more elected officials who understand that bitcoin and encryption are the future,” said the Lawyer of Chefir Gordon.
Windy Rogers, who participated in sponsoring the draft law with state representative Jeff Winger, also expressed disappointment.
“The politicians do not understand that Bitcoin does not need the state of Arizona. Arizona needs Bitcoin,” Rogers He said.
On May 2, Hobbes achieved the right to veto the Bitcoin strategic law in Arizona, which would have allowed Arizona to invest the funds that were seized in Bitcoin and the construction of reserves managed by state officials. “Today, I objected to the Senate Bill 1025. The retirement system in Arizona is one of the strongest in the country because it makes sound and enlightened investments,” Hobbes said.
Rogers said it would split the bill during its next session. Rogers also pointed out that the retirement system in Arizona is already carries the shares of Michael Silor strategy (MSTR).
“This is mainly the Bitcoin Strategic Bill in Arizona. The strategic share price increased by 32 % in April, which is the most important monthly profit since November 2024,” Rogers said.
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Peter Chef, the well -known complainant, stood up with Hobbes. “The government should not make decisions to use public funds to predict in encrypted currencies,” Chef He said.
Arizona had become the first American state to create a strategic reserve for Bitcoin if it passed.
Arizona joins many other American states where similar efforts have failed. Similar proposals stopped in Oklahoma, Montana, South Dakota, Wyoming or recently withdrawn.
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