Oh, Kansas. Bless their hearts. They’ve decided to dabble in Bitcoin. A state reserve fund. Right. Because that’s exactly what we need more of – governments playing with digital funny money. It’s not like they’ve got enough on their plates already. But hey, at least it’s a sign of… something? Acceptance? Desperation?
Apparently Important Bits
- Kansas wants a Bitcoin piggy bank. Honestly, who doesn’t?
- They’ll skim a bit off crypto deposits for, you know, roads and schools. Prioritizing.
- The Bitcoin whitepaper is now a museum piece at the NYSE. Because nothing says “disruption” like being displayed in the establishment.
And speaking of the establishment, the NYSE decided to put the actual document – the original Bitcoin whitepaper – on display. Like it’s the Magna Carta of digital currency. It’s… a choice. A very performative choice. It’s about as ironic as putting a “Made in China” label on a “Support Local” t-shirt.
Kansas Attempts to Be Cool With Crypto
So, the Kansas plan. Ten percent of crypto-related deposits go to the state. The rest? Held “long-term.” As a store of value. Which is just a fancy way of saying “hoping it goes up.” They’re trying to sound sensible, suggesting it’s not for immediate fixing of potholes. It’s about the future. Obviously.
🇺🇸 KANSAS TO CREATE STATE BITCOIN RESERVE FUND
Kansas lawmakers introduced a bill to create a state-run Bitcoin and Digital Assets Reserve Fund.
Under the bill, 10% of crypto deposits go to the general fund, while Bitcoin stays in the reserve.
– Coin Bureau (@coinbureau)
Which is a very grown-up way of admitting they’re trying to catch the Bitcoin wave and not be left stranded watching everyone else surf.
Apparently, other states are also flirting with the idea. Because why not? It’s not like anything could possibly go wrong.
Wall Street’s Nod to the Future (or a Mockery Of It?)
Then there’s the whitepaper at the NYSE. Satoshi Nakamoto’s masterpiece, showcasing the revolutionary idea of… avoiding banks? Now on display in the heart of banking? The cognitive dissonance is almost physical. It’s kind of like inviting your nemesis to your birthday party, then posting tons of pictures of you having fun without them.
As of today, the Bitcoin whitepaper has been put on display in the historic New York Stock Exchange lobby.
– Documenting ₿itcoin 📄 (@DocumentingBTC)
It’s a signal, apparently. A sign that Bitcoin is “maturing”. Or, you know, getting absorbed. It’s a bit like that indie band you loved before they sold out and started playing stadium tours.
So, Is This a Thing Now?
Basically, everyone’s trying to figure out how to deal with Bitcoin. Governments are cautiously poking it with a ten-foot pole, and Wall Street is pretending it always meant to have it around. You can feel the underlying desperation to appear relevant.
It’s evolving, they say. Becoming “integrated”. Which is a polite way of saying “tamed.” Whether that’s a good thing or a bad thing? Honestly, who knows. Ask me again after the next Bitcoin crash.
Disclaimer: I have no idea what I’m talking about. This is not financial advice. Seriously. Do not take your investment cues from a slightly sarcastic website.
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2026-01-25 14:20