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It’s not terrible, but it’s not groundbreaking either.

What makes it potentially huge is that California has a $4T balance sheet—and he’s suggesting Bitcoin could be part of it.

If Texas already leads in Bitcoin innovation, and California steps in as a direct competitor, the entire industry levels up.

That said, this announcement feels 50/50 between genuine momentum and pure hype.

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Comments

Solbull

It’s sad to me all of the partisan political comments. I am a Democrat. I have been in this space a very long time as an advocate. This will be hard to hear, but most of my friends are democrats and wildly pro-crypto and bitcoin. I would highly agree that Trump is far more pro crypto than any other democrat as are most senators and representatives. No question. It’s a big world with lots of issues allow space for different view points.

Randall

Dennis is a grifter. I ignore everything he says.

Living_Like_A_Panda

Everyone including Trump is front running the US SBR 🤣

ActionMan

James, you're standing on the fence (avoiding conflict). Be honest. Porter shilled another nothing-burger! The chance of this guy getting elected is nil-to-zero...

randyra88

I'm glad I blocked Dennis Porter long time ago. Waste of space on my timeline.

Jordan Chill

The left lost big when they went to battle with crypto and free speech. We will never forget

voodoo

The only thing that matters is price action, and for months now… it sucks.

Cryptoaccident

The reason it’s a nothing burger is it’s irrelevant if this guy doesn’t win, and he won’t. Don’t expect him to ‘change the conversation’ either. Another Porter overhype.

Philomath

Boy who cried wolf... always the same shit.

The Bernie Lomax

Porter either did some paid advertising or tried help a whale exit with little to no slippage.

KL9561

So someone who has a 90%+ chance to lose will push a bill that has a 90% chance to fail? This is 99% pure hype.