May 2, 2024

Louisiana of the USA proposed to replace the gold reserve with bitcoin

Louisiana of the USA proposed to replace the gold reserve with bitcoin

The Louisiana House of Representatives has passed a bill that thanks Bitcoin and itsto the creator under the pseudonym Satoshi Nakamoto for "contributions to the security of electronic commerce."

It states that the flagship cryptocurrency could become a new reserve asset, supplanting gold:

«Bitcoin has the potential to replace gold as a monetary reserve, it is limited and finite, only twenty-one million bitcoins will be produced».

The bill also mentions that Bitcoin is the very first decentralized asset with a trillion dollar capitalization that protects people from currency depreciation around the world.

Lousiana lawmakers are urging state and local governments to consider ways to benefit from blockchain technology.

The southern states of the United States are undoubtedly ahead of otherscountries in accepting bitcoin. The eighth largest city in Tennessee, Jackson plans to add bitcoin to its calculations. Also, the Miami mayor plans to buy bitcoin for the city treasury.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Louisiana of the USA proposed to replace the gold reserve with bitcoin

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