The bitcoin-friendly administration under President-elect Trump, alongside a growing lobby, might encourage states to adopt crypto policies, promising public pension funds will increasingly invest.
Bitcoin advocates argue that its volatility is a hedge against inflation, comparable to gold, though critics caution that crypto investments are highly speculative and risky.
With a predicted landmark 2024, advocates are hopeful about Trump's vision of making the U.S. a leader in cryptocurrency, influencing state legislations.
Despite potential benefits, the U.S. Government Accountability Office cautions that crypto investments carry high risk and volatility, with no standardized methods for predicting future returns.
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