💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
The History of the $1000 Bill
The first American money $1000 bill was printed in 1861, during the Civil War. It wasn’t until the 1920s that it became more widely used. In those days, rich individuals and businesses relied on large denominations like $500, $1,000, $5,000, and $10,000 to facilitate huge transactions, such as property purchases or investments. As time went by, the use of high-denomination bills declined.