Bitcoin News
By James Thorp
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Who Actually Holds the Keys Here. The proposal doesn't move anywhere without two things happening: Governor Kelly Ayotte signing…
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Why Bitcoin Bonds Are a Big Deal for Public Finance. Backing state bonds with Bitcoin isn't something that's been done before at this scale.
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What Comes Next for the Proposal. The next step is straightforward on paper: get the governor and the executive council to agree.
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New Hampshire lawmakers sat down this week to hash out something pretty unusual: a $100 million bond proposal backed not by traditional assets, but by Bitcoin.
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The hearing put a spotlight on a question that's been floating around state capitals for a while now — can governments actually use cryptocurrency as a legitimate financial…
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Not approved. Not rejected. Just pending.
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The proposal doesn't move anywhere without two things happening: Governor Kelly Ayotte signing off, and the state's five-member executive council doing the same.
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Governor Ayotte hasn't made a public statement on the bonds. The executive council hasn't either.
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What's clear is that the legislative hearing itself was a procedural step — not a vote, not a commitment, just a formal conversation about whether this idea deserves more…
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Backing state bonds with Bitcoin isn't something that's been done before at this scale. Bonds are supposed to be stable, predictable instruments.
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Read also: Bitcoin Hits $63,195 as $265M ETF Inflows Battle $81B Futures Dominance
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And yet, there's a case to be made — or at least, New Hampshire lawmakers seem to think there is.
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The proposal also fits into a broader pattern. Several states have been exploring or passing legislation that touches on cryptocurrency in some form — reserve funds, regulatory…
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Still, $100 million is real money. And the mechanics of how Bitcoin would actually function as a bond-backing asset — what happens if the price drops sharply, who holds the…
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Read also: Bitcoin Eyes $50K Support as Long-Term Holders Face a Critical Test
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