Hi HODLers,
Another day, another actor getting down the rabbit hole.
Today, we learn that Rep. Jason Powell (D-Nashville) and Rep. Paul Bailey (R-Sparta) Co-sponsored a bill to allow the State of Tennessee to add NFTs and cryptocurrencies to the group of allowed investments for State Funds and Tennessee's counties and municipalities.
Nashville, Tennessee
The race is on to attract cryptocurrency entrepreneurs as Rep.Powell of Nashville stated:
“We’re a dynamic, growing city and I want to make sure that we foster a positive environment for all things technology, and I’m a big believer in blockchain technology.”
As in Washington D.C, the main challenge seems to be the education of fellow lawmakers to Bitcoin and Blockchain in general. Nevertheless, both of these politicians believe there is a Bipartisan will on this topic which is rare enough to be celebrated.
To conclude... Another State might bite the Bitcoin dust!
Stay safe out there,
