Bitcoin Reserve Monitor
Bitcoin Reserve Monitor

Idaho Strategic Bitcoin Reserve

Current status is NOT PROPOSED

Idaho Republican party has expressed opposition to CBDCs and support for Bitcoin, but no legislation has been proposed yet. The party's 2024 convention platform advocated for the right to use decentralized digital currencies.

Using rainy day funds, Idaho could purchase 11,690 BTC assuming a BTC price of $100,000

Timeline
6/18/2024
NOT PROPOSED

Idaho Republican Party's 2024 convention platform committee opposed CBDCs and supported decentralized digital currencies like Bitcoin. The party affirmed 'the right of individuals to engage in commerce and exchange with cash, barter, precious metals, and decentralized digital currencies.'

Read More →
1/15/2024
NOT PROPOSED

No proposed legislation

Rainy day fund data source: National Association of State Budget Officers

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