I can't help but find it gross that people are cheering for governments to invest peoples retirements into cryptocurrencies or worse, AltStocks that milk would be Bitcoin investors (Which AZ I think has done regardless of this bill).
I'm glad this got Veto'ed... at least there is a sane politician in office in AZ.
This is being pushed hard by the crypto lobby, but I don’t think this is what the taxpayers want. If special interests can just buy politicians, it opens the door for companies like Ripple and other scams to use government funds as their exit liquidity. It already happened at the federal level, where Solana and Cardano got pumped because Trump decided to include them in the digital asset stockpile.
That's my thoughts as well.