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Alan Pringle
Alan Pringle
@alanpringle@mstdn.social  ·  activity timestamp 2 weeks ago

Always follow the money:

"One of the top priorities of new #NC House Speaker Destin Hall in 2025 was to add cryptocurrency to the state pension.

" #Crypto billionaires and companies have given massive amounts of money to help elect Republicans, and a few Democrats, up and down the ballot in many states."

https://www.wral.com/news/nccapitol/nc-pension-crypto-loss-30m-feb-2026/

WRAL.com

NC pension plan’s crypto bet is down $30 million. Why supporters remain confident

State legislators pushed for North Carolina’s pension plan to start investing in Bitcoin and other cryptocurrencies last year, over objections by many of the state employees who rely on the plan’s stability for their retirement. The state’s fund managers have faith in their investments.
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