<ul><li>West Virginia's Bitcoin (BTC) strategic reserve bill aims to give the state more sovereignty from the federal government and potential central bank digital currency (CBDC). State Senator Chris Rose believes that people want decentralized currency and freedom.</li><li>The bill allows the state treasury to invest up to 10% of public funds in precious metals like gold and silver, stablecoins, or any digital asset with a $750 million market capitalization or higher over the last 12 months.</li><li>Rose stated that adopting Bitcoin on the state level would give them more state sovereignty and that it's a powerful investment and freedom tool. However, there is skepticism among lawmakers and financial experts about the risk associated with Bitcoin's volatility.</li><li>Currently, 47 strategic Bitcoin reserve bills have been introduced in 26 states, with some making progress in Arizona, Oklahoma, and Texas.</li></ul>

West Virginia's BTC reserve bill is 'freedom' from a CBDC — State Senator

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