德克萨斯州比特币和保护区：孤独的明星州恋爱关系？

德克萨斯州通过其战略性比特币储备在加密货币世界中引起轰动。这是大胆的举动还是另一个德克萨斯州大小的宣传特技？让我们潜水。

Howdy, folks! Texas is going all in on Bitcoin, y'all. With the establishment of the Texas Strategic Bitcoin Reserve, the Lone Star State is plantin' its flag firmly in the crypto landscape. But what does it all mean? Let's wrangle some insights.

嗨，伙计们！得克萨斯州正在全力以赴。随着德克萨斯州战略比特币保护区的建立，孤星州在加密货币景观中牢固地将其旗帜牢固。但是这意味着什么？让我们纠缠一些见解。

Texas: Bitcoin's New Best Friend?

德克萨斯州：比特币的新好朋友？

Texas has officially declared Bitcoin a 'strategic asset' by establishing the Texas Strategic Bitcoin Reserve. Signed into law on June 20, 2025, SB 21 creates a state-managed fund that holds Bitcoin as a long-term investment. This move, alongside other legislative actions, aims to create a business-friendly environment for crypto companies and attract investment. Only cryptocurrencies with a market cap of at least $500 billion are eligible, making Bitcoin the sole contender for now.

德克萨斯州通过建立德克萨斯州战略比特币保护区正式宣布比特币为“战略资产”。 SB 21于2025年6月20日签署为法律，创建了一项由州管理的基金，将比特币视为一项长期投资。与其他立法行动一起，此举旨在为加密公司创造一个友好的业务环境并吸引投资。只有至少5000亿美元的市值的加密货币才有资格，这使得比特币成为唯一的竞争者。

What's the Big Deal?

有什么大不了的？

Funding for the Reserve will come from legislative appropriations, investment proceeds, revenue streams, and even crypto donations. Importantly, the Reserve operates independently from Texas’ general treasury, managed by the Texas Comptroller of Public Accounts. A five-person advisory committee, including crypto-investment professionals, provides oversight, ensuring transparency through biennial public reports. As of June of 2025, Texas is the first state to commit public funds to a Bitcoin reserve, joining Arizona and New Hampshire. All of this legislation like HB 591, SB 29 and HB 19 has laid the groundwork for Texas’ position as a pro-business and pro-cryptocurrency state.

储备金的资金将来自立法拨款，投资收益，收入来源，甚至是加密货币捐赠。重要的是，该储备由得克萨斯州公共帐户审计长管理的德克萨斯州一般财政部独立运营。一个五人咨询委员会，包括加密投资专业人员，提供监督，并通过双年展的公共报告确保透明度。截至2025年6月，得克萨斯州是第一个加入亚利桑那州和新罕布什尔州的比特币保护区公共资金的州。所有这些立法（例如HB 591，SB 29和HB 19）为德克萨斯州作为亲企业和亲密货币国家的地位奠定了基础。

The Lone Star State's Crypto Vision

孤星州的加密vision

This isn't just about hopping on the crypto bandwagon. Texas is strategically positioning itself as a hub for finance and digital asset innovation. SB 21 aims to bolster the state's financial resilience and hedge against inflation. Think of it as Texas diversifying its portfolio for the digital age. The recent passing of HB 4488 ensures that the funds will not be swept into the state's general revenue fund.

这不仅仅是跳上加密货运。德克萨斯州在战略上将自己定位为金融和数字资产创新的枢纽。 SB 21的目的是增强该州的财务弹性和对冲通货膨胀。将其视为德克萨斯州在数字时代的投资组合多样化。 HB 4488最近的去世确保了该资金不会被扫入该州的一般税收基金。

Is It All Just a Publicity Stunt?

这只是宣传特技吗？

Critics might call it a publicity stunt, pointing out that an initial $10 million investment is a drop in the bucket compared to Texas' massive budget. However, it's a clear signal that Texas is serious about crypto. The state cannot accept Bitcoin for payments, and that will limit the ability of the reserve to grow over time. It sends a message to Bitcoin miners and crypto startups: Texas is open for business.

批评家可能将其称为宣传特技表演，并指出，与德克萨斯州的巨额预算相比，最初的1000万美元投资是桶中的下降。但是，这清楚地表明得克萨斯州对加密货币很认真。国家不能接受比特币进行付款，这将限制储备随着时间的推移增长的能力。它向比特币矿工和加密货币初创公司发送消息：德克萨斯州开业。

What’s Next?

接下来是什么？

With at least 28 states now considering similar legislation, Texas could be setting a precedent. Moreover, Texas' efforts could spur the federal government to explore its own Bitcoin program. A full-scale federal initiative could send Bitcoin's price soaring.

现在，至少有28个州正在考虑类似的立法，得克萨斯州可能会设定先例。此外，德克萨斯州的努力可能刺激联邦政府探索自己的比特币计划。一项全面的联邦倡议可以使比特币的价格飙升。

Final Thoughts

最后的想法

So, is Texas' Bitcoin Reserve a game-changer or just a Texas-sized experiment? Only time will tell. But one thing's for sure: the crypto world is watching. And who knows, maybe one day you'll be payin' your Texas property taxes in Bitcoin. Yeehaw!

那么，得克萨斯州的比特币保留了改变游戏规则的人还是仅仅是德克萨斯州大小的实验？只有时间会证明。但是可以肯定的是：加密世界正在观察。谁知道，也许有一天，您会以比特币缴纳德克萨斯州的财产税。是的！