Andrew Sorrell, auditor general de Alabama, dice sí a la reserva estratégica estatal Bitcoin
El auditor general del estado de Alabama, Andrew Sorrell, pidió a Alabama que lidere a otros estados en el establecimiento de reservas estratégicas Bitcoin . Señaló que el precio de Bitcoin había ganado más del 50% desde las elecciones estadounidenses, y el entusiasmo de Trump por las criptomonedas indicaba un tron apoyo federal.
Sorrell también señaló que la reunión de Trump con los principales ejecutivos de criptomonedas durante su campaña hizo que su promesa de crear una "reserva estratégica nacional Bitcoin " fuera una realidad más tangible para julio de 2025. La estadounidense Cynthia Lummis ya presentó la Ley Bitcoin , que requiere que el gobierno federal almacene Bitcoin .
Sorrell impulsa la reserva estratégica Bitcoin en el estado de Alabama
Andrew Sorrell, auditor general del estado de #Alabama , propuso el establecimiento de una reserva estratégica de #Bitcoin . Dijo que el valor de Bitcoin no se ve afectado por la tendencia del dólar estadounidense, fortalecerá el balance de EE. UU. y puede usarse como garantía para… pic.twitter.com/swA2vSWMZT
- MartyParty (@martypartymusic) 11 de diciembre de 2024
Sorrell asked the state of Alabama to consider putting up a strategic Bitcoin reserve, emphasizing that it could help address debt while strengthening the U.S. dollar and protecting against inflation. His call came as other states considered strategic crypto reserves to promote individual states’ BTC holdings outside the federal government.
Pennsylvania and Florida are currently debating models for holding Bitcoin reserves. He believes the increase in states’ accumulation of Bitcoin would ultimately attract state businesses and investments.
Sorrell also believed in diversifying a well-balanced portfolio that included different types of asset groups. He noted that most states had zero exposure to crypto, a $3 trillion asset class. According to Sorrell, crypto was the most rapidly growing asset class, averaging 55% annually for the last 15 years, and it has the greatest potential for price increase.
“The debate over whether crypto will succeed has ended. Now, the fight for which states will benefit from it has begun. The states that are first to adopt a tax and regulatory framework that are friendly to crypto will attract business and investment.”
According to the state auditor, bonds and treasuries investments had their place, but earning a yield of 4% with 2.7% inflation, barely broke even. He added that Alabama would benefit by diversifying investments away from dollar-based assets. Sorrell noted that Bitcoin’s value was not affected by what happened to the U.S. dollar. He argued that BTC holders could even benefit from the demise of the dollar. It would strengthen individual states’ balance sheets and could be used as collateral for debt issuances in the future.
The authorization of BTC and ETH ETFs simplifies crypto acquisition
Sorrell claimed that the details about states holding Bitcoin reserves were still being worked on since it was a relatively new idea. He, however, mentioned that states could now buy into crypto as easily as purchasing stocks because the U.S. SEC had authorized BTC and ETH ETFs. Sorrell suggested that Alabama’s BTC reserve could be modeled after the federal ASBR (American Strategic Bitcoin Reserve) promised by Trump.
The state auditor general continued to say that Alabama should use a dollar-cost-averaging approach over two years. He advised that buying during a bull market was not the best timing, but monthly purchases over a period of two years were a better strategy that averaged out the state’s entry price.
Notably, Sorrell advocated for a gradual approach to crypto investment, although he was all-in on the Bitcoin reserve idea (whether state or federal). He explained that ownership of rapidly growing asset classes came with the increased risk of volatility. For this reason, Sorrell asked crypto investors to ignore short-term market trends and focus on long-term returns instead.
From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Artículos Relacionados
¡Nvidia retoma los bríos! Las 7 Magníficas añaden 1 billón de dólares esta semana
Investing.com - Al cierre de la sesión de este viernes, 13 de septiembre, los mercados accionarios en Estados Unidos lograron terminar la semana con ganancias impulsados por el optimismo que ha
Nvidia rebota: ¿Reajustamos cartera? Mire estas 2 opciones
Investing.com - La cotización de Nvidia (NASDAQ:NVDA) estos días vuelve a ser una auténtica montaña rusa. El fabricante de chips quiere retomar las ganancias estos dí
Forex Hoy: El Dólar se aferra a las ganancias de recuperación semanales antes de los datos de inflación del PCE
Esto es lo que necesita saber el viernes 30 de agosto: El Índice del Dólar Estadounidense (USD) parece haber entrado en una fase de consolidación ligeramente por debajo de 101,50 el viernes, después de registrar ganancias durante dos días consecutivos.
