Bill > HR0446

This resolution recognizes the Altgeld Bitcoin Reserve (ABR) as the first community-run Bitcoin reserve in the United States, specifically highlighting its significance in the State of Illinois. The resolution commends the Altgeld Gardens community for its leadership and innovative approach to financial empowerment, suggesting that the community's efforts with the Bitcoin reserve could have long-term positive impacts for future generations. Additionally, the resolution directs that an official copy of the document be presented to ABR leaders as a formal gesture of respect and acknowledgment of their groundbreaking work. Bitcoin, a digital cryptocurrency, is here being embraced at a community level, which appears to be a novel approach to financial technology and local economic development.

https://www.ilga.gov/Legislation/BillStatus?DocNum=446&GAID=18&DocTypeID=HR&SessionID=114&GA=104