Arizona Governor Katie Hobbs vetoed a bill allowing the state to hold Bitcoin as part of its reserves, sparking criticism from Bitcoin advocates like Jameson Lopp and Anthony Pompliano. They argued that politicians should recognize Bitcoin’s potential, with Pompliano suggesting that if the governor can’t outperform Bitcoin, she should invest in it. Co-sponsor Wendy Rogers expressed disappointment, arguing Arizona needs Bitcoin. Despite the veto, Rogers plans to refile the bill. Meanwhile, crypto skeptic Peter Schiff supported Hobbs, arguing against using public funds to speculate on cryptocurrencies. Similar proposals in other states have also stalled recently.
Bitcoiners blast Arizona governor’s ‘ignorance’ after Bitcoin bill veto
