Samuel Armes, political strategist and president of the Florida Blockchain Business Association (FBBA) says the Sunshine State is looking to launch a strategic Bitcoin (BTC) reserve.
In a post on social media platform X, Armes says Florida will likely create its own stockpile of the leading crypto asset amid support from pro-Bitcoin leaders.
“Florida has a very good chance of creating a strategic Bitcoin reserve this session, which starts in Q1 of 2025.”
Armes says Florida can build its crypto reserve by using a small portion of the state’s pension fund, which already invests in Bitcoin and crypto-related assets.
“[We can] leverage our $185.7 billion pension fund (4th largest in the U.S.) to allocate a small percentage to Bitcoin as a hedge against inflation…Just investing ONE percent of our pension fund into Bitcoin would be $1.857 billion.”
He says Florida can also tap into its budget surplus to invest in Bitcoin without cutting essential services.
“Inflation and time will eat away at any budget surpluses we have. Investing just ONE percent of our surplus would be $1.165 billion.”
Last month, Florida chief financial officer (CFO) Jimmy Patronis said that the state government already has $800 million worth of crypto-related investments and could accumulate more.
“Crypto’s not going anywhere. It’s not going to contract. It’s going to continue to be expanding, and I think we’d be a fool if we’re not prepared to do everything we can to harness the opportunities there.”
Hey, do mean that 3,3 game-theoretic token?
Haven't seen that ticker for a long time! I was once staking there but it went downhill when bear market began.
Yeah, it only works as long as there's an uptrend and most of the users believe in growth. From my own experience, the 3,3 things eventually fall like a house of cards. Just needs a little fud and down it is!
A lesson in patience & conviction, well said. I like most the last word - conviction - which shows full commitment in this technology. You need to be strong to stay the course.
When I started investing my mentality totally changed...
I went from a consumer to a saver/investor, and this is a big shift.
I don't want to buy the product, I want to own the process, IP, research, factories, etc... that build that product and that help progress our tech. I want to check 2 or 3 different companies and compare their tech and see which one has more potential and put money on it. For example Intel vs Apple when it comes to processors makes me go for Apple because long term I think CISC based processors are worse than RISC.
Consumers call investors like me crazy and "cheap", but it's just that I don't want to spend money on things I don't really need, I would rather buy the companies that produce those things.
Maybe I'm also a consumer, I just consume buying assets/companies.
I saw it described this way when it comes to the governing tokens of DEX's: why own a crypto when you can own a piece of the DEX? Why own CDs or cash in accounts when you can own the bank?
@pepetoken just sent you a DIY token as a little appreciation for your comment dear @jongolson!
Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:
Essa primeira edição eu não estava esperando então não consegui pegar inteira por isso não vou resumir aqui. Mas vou deixar uma frase que rolou: "Redes sociais não são mais o fim, mas sim o meio"
Outra razão pra pensar no curto prazo em relação ao Dungeon CIties é que não tenho tempo pra jogar muitos jogos ao mesmo tempo e quero preservar meu tempo para o HoloZing. O open alpha não deve demorar muito
E por fim, não me vejo jogando Dungeon Cities por muito tempo porque, embora eu goste de text-based rpgs, dependo de como for, não vai prender minha atenção por muito tempo
The current $HIVE pump looks manipulative. If the alt market rallies, it may become a genuine pump and I will be setting a sell order at nothing less than $1
MicroStrategy has acquired 21,550 BTC for $2.1 billion at $98,783 per bitcoin and has achieved BTC Yield of 43.2% QTD and 68.7% YTD. As of 12/8/2024, MicroStrategy has 423,650 BTC acquired for $25.6 billion at $60,324 per bitcoin
SWAP.HIVE to HIVE on Hive-Engine has 0 (ZERO) available tokens. This means there is a lot of trading on the Internal Market, probably users trying to capitalize on the $HIVE price.
I hope it kills it for you. I don’t have any funds to throw at it right now. I’ll catch the next one. You have given me some big picks. Still sitting on a ton of $bel
The easiest way to create wealth is to offer value and that value could be goods or service provided that people will find useful or that they really need
New to the whole blockchain, looking forward to creating or joining some good discussions about liberty, freedom, privacy, self-defense, financial freedom, and I hope to learn more about crypto as currency. cheers!
The growth of the SUI ecosystem is mirrored in the performance of its native token, which experienced a remarkable 1,178% surge, reaching an all-time high of $4.49 over the past 14 months
Roar into Monday with the energy of a lion! Today's not just another day; it's a fresh chance to show your strength, chase your dreams, and prove that you're the king or queen of your jungle. Let's make this week yours!
Es agradable ver como algunos usuarios no saben las cosas sobre Splinterlands asi que me estoy dedicando a guiar a estos nuevos usuarios a $LEO a largo plazo.
Buenos días, hoy he decidido comprar mis primeros HIVE, no soy experto, pero he estudiado la gráfica y aprovechando el bull run actual, en mi opinión puede que Hive siga aumentando su valor en lo que resta de año
With land 1.75 coming out early next year I wanted to take a look at a powerful tool I use for managing my lands in #splinterlands. Check it out in my latest InLeo article in the comments.
Is there a way to recover your wallet keys in Hive with KeyStore? Can we recover keys in Hive with KeyStore? I am trying to logging with my Hive keys #feedback
I will be heads down working on my games this week.
So will not be threading as much.
Very luck my friend
Looking forward to new stuff. Those Portal Brawlers animations and concepts you've been sharing looks so good.
Hi, @simplegame,
This post has been voted on by @darkcloaks because you are an active member of the Darkcloaks gaming community.
Get started with Darkcloaks today, and follow us on Inleo for the latest updates.
Time to get back to adventure!
Too much $$$ talk around here.
Any seen that Medusa that was causing issues?
Welcome To Greener Candles!
This crypto-focused #threadcast is packed with news & hot topics inviting all crypto enthusiasts to engage.
#crypto
Florida Looking To Build Strategic Bitcoin Reserve via $185,700,000,000 Pension Fund, Says Political Strategist
Samuel Armes, political strategist and president of the Florida Blockchain Business Association (FBBA) says the Sunshine State is looking to launch a strategic Bitcoin (BTC) reserve.
In a post on social media platform X, Armes says Florida will likely create its own stockpile of the leading crypto asset amid support from pro-Bitcoin leaders.
Armes says Florida can build its crypto reserve by using a small portion of the state’s pension fund, which already invests in Bitcoin and crypto-related assets.
#florida #bitcoin #reserve #pensionfund
“[We can] leverage our $185.7 billion pension fund (4th largest in the U.S.) to allocate a small percentage to Bitcoin as a hedge against inflation…Just investing ONE percent of our pension fund into Bitcoin would be $1.857 billion.”
He says Florida can also tap into its budget surplus to invest in Bitcoin without cutting essential services.
“Inflation and time will eat away at any budget surpluses we have. Investing just ONE percent of our surplus would be $1.165 billion.”
Last month, Florida chief financial officer (CFO) Jimmy Patronis said that the state government already has $800 million worth of crypto-related investments and could accumulate more.
“Crypto’s not going anywhere. It’s not going to contract. It’s going to continue to be expanding, and I think we’d be a fool if we’re not prepared to do everything we can to harness the opportunities there.”
Milady Cult Coin has conducted a total $207 million airdrop to Milady holders.
#newsonleo #crypto
Damn, that's big. Totally missed that one...
What is your take on OHM?
Hey, do mean that 3,3 game-theoretic token?
Haven't seen that ticker for a long time! I was once staking there but it went downhill when bear market began.
Those things could work during bull runs though 👍
Yes excatly. Think their idea was to draw in as much capital as possible and create something out of that. Thats why they had the crazy apy
Yeah, it only works as long as there's an uptrend and most of the users believe in growth. From my own experience, the 3,3 things eventually fall like a house of cards. Just needs a little fud and down it is!
Olympus?
RWA Sector Top Gainers
thanks for sharing
Thanks for stopping by! 👍
New Protocols
Link to the full thread on X:
CT Mindshare
Happy monday!
Let's start with some important events happening this week:
#crypto
Daniel very bullish on the next year
BTC vs. ETH vs. ALTs
This could play out...
Highest Security Scores
Solana Ready 💪
JUP proposal passed
Sectors: Memecoins about to fly? 🙂
Grayscale Assets by Sectors
Not sure the Consumer & Culture part. I wouldn't invest in Decentraland or in Sandbox. Don't see running for long.
What do you think?
Poll
Are you using portfolio trackers? Such as CoinStats, DeBank? Or just Google sheets or Notion, etc, to keep your portfolio changes updated?
👌 Been thinking about trying that out.
Interesting question:
https://inleo.io/threads/view/thelastdash/re-leothreads-ooh5kae4?referral=thelastdash
I would say its mostly young people involved because its new tech but nothing is keeping the older from learning and adapting crypto.
Yeah! I answered that thread with similar response. Crypto is still young but average user age should increase in the future as WE get old! 😀
the future of crypto is still so much bright.
I agree 💯%!
!summarize #bitcoin #michaelsaylor #crypto
!summarize #aiagents #crypto
Very true
I want to do the same with $LEO
$BTC is changing the game totally, rewarding the loyal and punishing the shorters 🤣
Yeah 👍
Is it true that you have talked about building a $LEO chat room?
Hodling bitcoin will continue to be a smart move because bitcoin have a bright future
A lesson in patience & conviction, well said. I like most the last word - conviction - which shows full commitment in this technology. You need to be strong to stay the course.
I timed my powerdown pretty well. Just hope $LEO dont jump to much so I can get myself more 🚀🚀
#leo #cent #hive
It probably will, but get more anyway! 😜
Thats my plan :D
Just the beginning
https://inleo.io/threads/view/jhondeis/re-leothreads-tmcjhxle
True Khal!
Good morning
Strong move and the bull run rushed into the InLeo ecosystem as well. And it's only beginning...
When I started investing my mentality totally changed...
I went from a consumer to a saver/investor, and this is a big shift.
I don't want to buy the product, I want to own the process, IP, research, factories, etc... that build that product and that help progress our tech. I want to check 2 or 3 different companies and compare their tech and see which one has more potential and put money on it. For example Intel vs Apple when it comes to processors makes me go for Apple because long term I think CISC based processors are worse than RISC.
Consumers call investors like me crazy and "cheap", but it's just that I don't want to spend money on things I don't really need, I would rather buy the companies that produce those things.
Maybe I'm also a consumer, I just consume buying assets/companies.
#leofinance #money #investing #finance
I saw it described this way when it comes to the governing tokens of DEX's: why own a crypto when you can own a piece of the DEX? Why own CDs or cash in accounts when you can own the bank?
Exactly! Especially the cash in accounts part, "people who store their value in fiat we got a word for them, we call them poor" 😂 Saylor
If you can't fly, run; if you can't run, walk; if you can't walk, crawl, but keep moving towards your goal #freecompliments #liotes #bbh #cent
By all means we keep moving forward
Doing my Christmas decoration with the family! Real pine tree this year!
Still only half done, someone had to leave so we are having a break.
How it looks so far:
Looks nice! We plan to decorate our own this week :)
it's beautiful
Happy monday everyone
Wishing you all a blessed week
Same to you my friend :)
You as well fellow traveler.
Hope you had a great weekend , happy Monday to you too and enjoy the rest of your day
happy Monday
#leo #meme
Christmas Special Mission already available on #risingstar
#hivegames
$LEO moonshot coming soon!
Remember me please lol
Based on what?
Happy Monday Threads!
This is the way!!
Happy day for you my dear friend how are you?
always good!
Perfect!
Is 3 not just a goal, but a way off live? All hail the Leo power 🦁🦁
I could only afford 40 $LEO this morning lol Need to find some extra to stock up
Man its getting expensive!! I get some more from my powerdown tomorrow 😱😱
I think it's a great way I think.
Agreed!!
Same to you my friend :)
Happy Newfoundland Winter!
Yes, will be 13C on Thursday. lol
zero method to the madness lol
Seems to be the way now, last year I only had my snowblower out 4 times, and 2 of them was same day.
nothing but salt on the sidewalks out here
Happy Monday and a new week!
!PIZZA
right back at ya!
if only people knew the power of doing these 3 things.
doesnt cost a penny either...staking LEO comes naturally when you are active
Aww, I adore this plan😊
Happy Monday Jongo!!
!BBH
right back at ya!!
lets get that LEO flowing
@generikat likes your content! so I just sent 1 BBH(3/5)@jongolson! to your account on behalf of @generikat.
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thanks for the info
MOAR Jongo goodies man! !BBH !DIY !DOOK
@pepetoken likes your content! so I just sent 1 BBH(8/100)@jongolson! to your account on behalf of @pepetoken.
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You can query your personal balance by
@pepetoken just sent you a DIY token as a little appreciation for your comment dear @jongolson! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:!DIYSTATSNice project bro!
I like to learn more about this lion 🦁
what a nice idea. I would like to apply these things in the future.
Bom dia, galera! Boa semana!
Bora de #threadcast
Boa segunda pra todos, vamos pra mais uma semana
Hoje fiz minha penultima sessão de fisio! Praticamente não sinto dor nos joelhos mais! Realmente funcionou!
A minha fisioterapeuta disse que, a princípio, posso retornar para a academia, fazendo exercício mais leves para as pernas
Conforme a musculatura do joelho for fortalecendo, aos poucos posso retomar a carga normal
Mudando de assunto, ontem rolou o CTT podcast. Foi muito legal.
Várias personalidades da Hive participaram do CTT podcast de ontem como o Khal e o Taskmaster e também algumas pessoas de fora
Bom ter gente de fora em podcasts como o CTT porque já serve como marketing tb
Ah, esqueci, o pessoal da Dash também participou do CTT
Não sei se eles vão manter o CTT podcast todo domingo mesmo. Se for, é um bom horário para mim porque normalmente estou em casa
Se for rolar mesmo, farei um resumo com os pontos mais importantes por aqui. Para os meus seguimores kkkkkk
Essa primeira edição eu não estava esperando então não consegui pegar inteira por isso não vou resumir aqui. Mas vou deixar uma frase que rolou: "Redes sociais não são mais o fim, mas sim o meio"
Mudando de assunto novamente, amanhã deve ser o lançamento do Dungeon Cities que era pra ter sido sábado mas não rolou
Meu plano para esse jogo é de curto prazo. Vou investir o mínimo necessário pra poder jogar e depois já começarei a retirada do investimento
Isso por algumas razões que vou abordar brevemente
A primeira razão é que a equipe por trás do dungeon cities parece ser inexperiente, então esse jogo seria mais como um experimento na minha opinião
Outra razão pra pensar no curto prazo em relação ao Dungeon CIties é que não tenho tempo pra jogar muitos jogos ao mesmo tempo e quero preservar meu tempo para o HoloZing. O open alpha não deve demorar muito
E por fim, não me vejo jogando Dungeon Cities por muito tempo porque, embora eu goste de text-based rpgs, dependo de como for, não vai prender minha atenção por muito tempo
Faaaaaaala galera!
Boa semana a todos!
Botafogo ganhou de forma merecida. Meus parabéns!
Athletico caiu de forma merecida... Vão fazer pacto na casa do CARALHO! kkkkkkkkkkkk
Fluminense era pra ter caído, incompetência do Athletico...
So true! #bbh #inleo #cent #dailydook
Yes sir
That's the government system of milky the citizens. Taxes and more Taxes
It was in the 1990s when unemployment benefits began to get taxed. I don't know when it happened with Social Security.
Another scam: Property taxes. Even if you finish making payments to the bank, gov't will always "ask" for its cut.
!INDEED !BBH !DOOK
@pepetoken likes your content! so I just sent 1 BBH(1/100)@pele23! to your account on behalf of @pepetoken.
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The current $HIVE pump looks manipulative. If the alt market rallies, it may become a genuine pump and I will be setting a sell order at nothing less than $1
$HIVE 🚀
But some altcoins are rallying already
Just ure
It’s Monday. Let’s get it!
Good morning lion.
Good AI image 👍
https://img.inleo.io/DQmbqvs9XwdJhaFuGwQCh18DcXjgRfb5j1UL7oJnfcntuEy/images%20(24).jpeg
#facts #health #dailydook
😳 #meme #memes #leomemes #notmymeme #jokesonleo
found out i have 80 hours of PTO expiring at the end of the month. vacation time i suppose.
🚀
yep
Pardon my ignorance. , what is PTO ??
You took the question out from my mouth
paid time off from work
use it. Never let that expire.
no way jose
go to Leo island
omw
I guess they won't pay it out in cash? If so, skip the time off and get a crypto bull bag!
nah gotta take the time off
Sometimes you gotta have the break. 😀
What's PTO?
paid time off from work
Oh. Nice.
Keep filling the database.
This concept is getting more traction. We had a CTT space last night where this topic was discussed.
If we what a $3 billion market cap, simply build a $3 billion database.
leoglossary is a big database my dear friend #inleo
3 billion? is awesome not?
MicroStrategy has acquired 21,550 BTC for $2.1 billion at $98,783 per bitcoin and has achieved BTC Yield of 43.2% QTD and 68.7% YTD. As of 12/8/2024, MicroStrategy has 423,650 BTC acquired for $25.6 billion at $60,324 per bitcoin
SWAP.HIVE to HIVE on Hive-Engine has 0 (ZERO) available tokens. This means there is a lot of trading on the Internal Market, probably users trying to capitalize on the $HIVE price.
#hive #web3 #proofofstake #pos #blogging
Nice to see this one chart 👀
Need MOAR liquidity. Unfortunately it will not be me. 😀
https://inleo.io/threads/view/taskmaster4450le/re-leothreads-2nuvtycqb
$HIVE price on #Binance is mooning and reached $0.4375 already. Don't get fooled exchanging on internal market, the price there is $0.415.
What is #bitcoin doing?
$BTC
$99,037.00
The middle class is selling, so the rich can get richer.
Not only bitcoin but just about everything else. Hive on that delay again of about a day lol. So might be worth cashing in!
By Christmas we will have a new ATH.
We will see. Hard to predict markets.
It's the famous crypto market, but we know that sometimes, some movements are even predictable due to cycles.
92K coming soon!
Remember me
I think you will soon have a good place for $LEO to profit from all this!
i believe we are in a $92k - 105k range. Would tease a little bit around here before the next leg up
Not so many people watched this one yet and it’s one of my favorites!! Check it out! 🔥
How did I stop feeling like shit?
we need more of this
https://inleo.io/threads/view/selfhelp4trolls/re-leothreads-f3tsh2pc
$BERN dropped the kickbacks
Seems like something lawyers made them do before they turn the throttle
Currently at $7M marketcap
The counterpart to BONK on Token22 standard
Do with this info what you wish
I hope it kills it for you. I don’t have any funds to throw at it right now. I’ll catch the next one. You have given me some big picks. Still sitting on a ton of $bel
still think BEL has a lot of room to run
let’s go!
I am seriously thinking about doing some things with my PC, I want to sell it to buy a MAC!
What do you say?
Create value
Create value
Create value
This will create streams of magic internet money. Repeat daily. After 42069 times look at your wallets.
Congratulations! You're wealthy!
#valueforvalue
Inspiring words.
This is the essence of being a persistent and dedicated person. Every reward will come through your effort.
The easiest way to create wealth is to offer value and that value could be goods or service provided that people will find useful or that they really need
Great money-making tips right there
The best part is anybody can start doing it now.
value makes wealth 😍😍😍 the best part is how it gives everyone a chance to rise🔥
Make sense, and that can only happen on web 3
Creating value for others is the key to success in many different applications. Web3 included. Take advantage now! You won't regret it.
Thank you for the head up, gonna find a specific niche to work with for value creation
You are absolutely right brother!
Thanks and good day to you!
Likewise my friend! have an awesome week. Don't forget to create value for others.
That’s indeed the way to handle things! Wise words
Gary Vaynerchuk talks about creating value all the time.
Wise words indeed.
Hive is on fire! And is only the beginning...
#hive #crypto #web3
SWEET!!!!!!!
It seems it is not the usual Korean pump and dump , I think the bullish move have truly started
it has now gone down to $0.36 price area , I think the bitcoin bear movement yesterday affected the price of Hive
who is new here? Say hi! Tell me what you are into.
New to the whole blockchain, looking forward to creating or joining some good discussions about liberty, freedom, privacy, self-defense, financial freedom, and I hope to learn more about crypto as currency. cheers!
Big welcome and some interesting topics you mention :)
Thanks!
Welcome! I think you'll find plenty of people into those :-D
Thanks for the welcome!!
$LEO pumping? +20% is awesome my friend.
🚀
Roar like a lion
New post on my journey of building a passive income within $HIVE and $LEO ecosystem. Passed $20 / day today!
Link in comments
https://inleo.io/@rainbowdash4l/building-passive-income-9th-of-december-cq5?referral=rainbowdash4l
20 $ per day? That’s a lot, I am checking your post!
The growth of the SUI ecosystem is mirrored in the performance of its native token, which experienced a remarkable 1,178% surge, reaching an all-time high of $4.49 over the past 14 months
#sui #crypto #cent
Roar into Monday with the energy of a lion! Today's not just another day; it's a fresh chance to show your strength, chase your dreams, and prove that you're the king or queen of your jungle. Let's make this week yours!
Roger that.
Es agradable ver como algunos usuarios no saben las cosas sobre Splinterlands asi que me estoy dedicando a guiar a estos nuevos usuarios a $LEO a largo plazo.
Posiblemente un gremio o algo similar. #spanish
Gracias por escribir en español, existen proyectos interesantes :)
I have a hate/love relation to the Skierg.
First session of many to come is over...
#move2earn #actifit #skierg #cent
Buenos días, hoy he decidido comprar mis primeros HIVE, no soy experto, pero he estudiado la gráfica y aprovechando el bull run actual, en mi opinión puede que Hive siga aumentando su valor en lo que resta de año
Cualquier cosa puedes pedirme ayuda.
Good morning
Coming Soon Working in startup about $DASH and KeyStore with $LEO buying!!!
With land 1.75 coming out early next year I wanted to take a look at a powerful tool I use for managing my lands in #splinterlands. Check it out in my latest InLeo article in the comments.
https://inleo.io/@spt.bitcoinflood/a-powerful-tool-for-land-owners-buu #gosh
I would but I beat you to posting it. lol
Today in #historyonleo
The actor Al Pacino stars as a Cuban refugee who becomes a Miami crime boss in Scarface,which opens in theaters on December 9, 1983.
My favorite movie ever!
#movies
🔗 Source in Comments
Is it me, or does it seem as if every role since Scarface is just a variation of Tony Montana? It's really obvious in The Devil's Advocate.
perhaps, but I’m bias because he willl always be Tony Montana to me lol
🔗 Source:
https://www.history.com/this-day-in-history/pacino-stars-in-scarface
#leo #meme
Tratar de ser más rápido de DASH o HIVE puede ser un problemilla
Is there a way to recover your wallet keys in Hive with KeyStore? Can we recover keys in Hive with KeyStore? I am trying to logging with my Hive keys #feedback
@leo.tasks i am trying to login with keystore from leodex....
When I open a keystore it may ask me for my keys or something similar....
I will try this...