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Terrible idea. Does NC also invest public money in derivatives and junk bonds?And
if you have a pension from the state of NC, your future security could soon be invested in crypto…
“North Carolina Speaker of the House Destin Hall, R-Cladwell, introduced cryptocurrency legislation on Monday that would enable the state to invest in digital assets like Bitcoin, potentially making North Carolina a leader in aligning with the latest finance technology.
The NC Digital Assets Investments Act would diversify the state’s investments by allowing the state treasurer to include digital assets in the state’s investment portfolio. Reps. Stephen Ross, R-Alamance, Mark Brody, R-Union, and Mike Schietzelt, R-Wake, signed on as sponsors to HB92 .”