- TJ Roberts aims to make Kentucky the “Crypto Capital of the World” with new legislation.
- Roberts plans to remove sales tax on precious metals to fight inflation and protect citizens.
- Several states, including Kentucky, push for Bitcoin reserves to reduce reliance on the dollar.
Kentucky Representative TJ Roberts has announced plans to introduce the Bitcoin Strategic Reserve Act next week. In a post on X (formerly Twitter), Roberts said the bill would strengthen Kentucky’s economy while positioning the state as the “Crypto Capital of the World.” He argued that inflation and flawed federal policies have made it necessary for states to take control of their financial future.
Roberts believes Bitcoin reserves could help shield Kentuckians from economic instability. Back in 2024, in a February 6 press release, he said inflation is at an all-time high and that Kentucky needs an independent financial strategy. As part of his plan, he is also pushing to eliminate the sales tax on gold and silver, arguing that it would help protect purchasing power.
Related: Analyst Predicts an Expanded Crypto Reserve Covering Bitcoin and Selected Altcoins
Taking a Stand Against CBDCs
A key part of Roberts’ proposal is his opposition to Central Bank Digital Currencies (CBDCs). He claims CBDCs threaten financial privacy and give the government too much control over personal finances. By banning them in Kentucky, Roberts says the state can safeguard economic freedom and attract businesses that want to operate without federal overreach.
His plan takes inspiration from Wyoming, which has become a hub for crypto-friendly regulations. He proposes adopting similar policies to attract crypto-related businesses and drive economic growth in Kentucky.
Bitcoin Reserves: A Growing State-Level Movement
Roberts’ bill aligns with a broader trend of U.S. states pushing for Bitcoin reserves. In South Dakota, Representative Logan Manhart has introduced similar legislation, and if both states follow through, they will join at least 14 others in advancing state-level Bitcoin reserve bills.
Several Kentucky lawmakers, including Steve Doan, Candy Massaroni, Steve Rawlings, and Josh Calloway, have voiced support for Roberts’ proposal. Their backing suggests growing political momentum for state-controlled Bitcoin reserves as a hedge against federal monetary policies.
Related: Could Japan Follow Trump’s Bitcoin Strategy? Here’s What We Know
With inflation rising and trust in federal policies at an all-time low, lawmakers see Bitcoin as a financial safeguard, the question remains—will Kentucky lead the way, or will federal resistance slow the movement down?
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