Crypto reserve proposed at Texas Legislature

AUSTIN (KXAN) — Lawmakers discussed creating a new reserve dedicated to investing in Bitcoin on Tuesday.Texas Senator Charles Schernwer authored Senate Bill 21, which would create the Texas Strategic Bitcoin Reserve. The bill was discussed in the Senate Committee on Business and Commerce."Crypto currency is what people believe is. In this case, Bitcoin is finite and decentralized and something that [people] don't have to worry about governments printing more and more money," Schernwer said