The Pennsylvania House of Representatives has introduced legislation that would enable the state to hold Bitcoin on its balance sheet as a reserve asset. This move is part of a larger trend of recognizing Bitcoin as a store of value and could lead to other states following suit. With the majority of Bitcoin already issued and the supply shrinking, coupled with increasing demand, it is predicted that the price of Bitcoin could reach $100,000 sooner than expected. This article is an opinion piece and does not necessarily reflect the views of BTC Inc or Bitcoin Magazine.



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