Support S.B. 21 - Texas Strategic Bitcoin Reserve Initiative
Dear Fellow Texan,
From striking oil at Spindletop in 1901 to pioneering the integrated circuit in Dallas that transformed global technology, Texas has always been at the forefront of energy independence, job creation, and technological innovation. Today, Texans face a similar pivotal moment with the Texas Legislature considering Senate Bill 21, a bill to establish a Texas Strategic Bitcoin Reserve. With SB 21, our state can embrace scarcity and hard money and reject modern monetary theory that posits that we can continue to print money without consequence. Furthermore, this is in line with President Trump’s policy goal, as stated in his Executive Order, of seeing the United States become the jurisdiction of choice for bitcoin and digital assets. We urge you to contact your legislators in Austin today and tell them to continue our tradition of pro-growth leadership by voting YES on SB 21!
Why This Matters to You:
Diversification: Bitcoin has outperformed every traditional asset class over the past decade. Senate Bill 21 permits the Texas Comptroller to consider bitcoin as a permissible investment.
Economic Opportunity: States that embrace Bitcoin early are attracting jobs, investment, and innovative companies. According to a recently released economic impact study by The Perryman Group, the Bitcoin mining industry has created 12,212 jobs and $1.02B in income for Texas citizens in 2024 alone. Let's ensure Texas remains the jurisdiction of choice for this growing industry.
Protect Your Future: As inflation continues to erode our purchasing power, bitcoin offers a powerful hedge that could help protect Texans' purchasing power. With its limited supply of 21 million coins, Bitcoin cannot be devalued through Federal monetary policy.
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Your voice matters. When enough Texans speak up, our representatives listen. Together, we can ensure Texas continues to chart its path toward prosperity and independence.