Reps. Keith Ammon recently advocated for a New Hampshire House Bill that would allow the state treasurer to invest in bitcoin. Ammon, a seasoned Bitcoin advocate and self-described “Bitcoin maxi,” has been spreading the word about the cryptocurrency in New Hampshire for years. He believes that investing in bitcoin could help mitigate inflation and combat the massive U.S. debt, which currently stands at $36 trillion. Ammon’s efforts have garnered support from the state treasurer, who sees the potential benefits of adding bitcoin to the state’s investment portfolio.
Despite some skepticism and pushback, Ammon remains confident that the bill, which stipulates that only digital assets with a market cap over $500 billion can be included in the reserve, has a good chance of passing both the House and Senate. If successful, New Hampshire could become one of the first states to invest in bitcoin, following in the footsteps of other states considering similar measures.
Ammon emphasizes the importance of financial privacy and believes that tools like crypto mixers should be allowed for Americans to protect their assets. He also stresses the need for transparency and honesty in the crypto space, contrasting the scamminess of many projects with the integrity of Bitcoin. As the conversation around bitcoin and digital assets continues to evolve, Ammon remains at the forefront, working to educate and advocate for the adoption of bitcoin in New Hampshire’s government.
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