Louisiana has a golden opportunity to lead the charge in financial sovereignty and in preserving the value of Louisiana’s tax dollars. Fortunately, we have a roadmap coming from Washington DC about how Louisiana can benefit from embracing the future of finance by creating a Strategic Bitcoin Reserve.

This week, the US Congress began discussion on key cryptocurrency legislation—which some have dubbed as “Crypto Week” in DC. The Trump administration has led the charge in making the United States the “undisputed Bitcoin superpower and crypto capital of the world”.

In fact, the Trump administration announced an executive order that created a “Strategic Bitcoin Reserve” back in March of this year. This landmark executive order would allow the US Treasury Department to permanently maintain all of its previously acquired bitcoin as a store of value:

• “The Order creates a Strategic Bitcoin Reserve that will treat bitcoin as a reserve asset.
  • The Strategic Bitcoin Reserve will be capitalized with bitcoin owned by the Department of Treasury that was forfeited as part of criminal or civil asset forfeiture proceedings.  Other agencies will evaluate their legal authority to transfer any bitcoin owned by those agencies to the Strategic Bitcoin Reserve.
  • The United States will not sell bitcoin deposited into this Strategic Bitcoin Reserve, which will be maintained as a store of reserve assets.
  • The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies impose no incremental costs on American taxpayers.”

With Bitcoin recently soaring to another all-time high of $123,000 per Bitcoin, now is a great time for the state of Louisiana to consider a bold move by creating a state Strategic Bitcoin Reserve. This bold move could position our state as a pioneer in the evolving world of digital assets—offering economic, strategic, and technological advantages that align with the recent crypto-friendly policies from the White House.

For those who don’t know, Bitcoin (BTC) is the largest cryptocurrency (a.k.a. digital money) in the world with over a $2 trillion market capitalization. In fact, Bitcoin is now even more valuable than giant corporations like Facebook and Google. BTC has become one of the world’s most valuable stores of value in the last decade and now has gained mainstream usage in high finance, in the corporate world, and in the public sector.

What makes a Strategic Bitcoin Reserve a wise move for the Louisiana state government?

First off, a Strategic Bitcoin Reserve could serve as a hedge against inflation and currency devaluation. Traditional fiat currencies, like the U.S. dollar, are subject to continued debasement and eroded purchasing power for hardworking Americans through quantitative easing by centralized banking. However, the supply of Bitcoin is capped at 21 million. Therefore, BTC preserves its value in uncertain economic climates and does not suffer from inflation like fiat currencies due to its fixed supply.

Additionally, creating a Bitcoin treasury would likely attract much-needed investment to Louisiana. Adding a modest amount of bitcoin to the Louisiana Treasury would show crypto startups and investors that Louisiana is open for business. Our state’s newfound Bitcoin-friendly stance would allow the state to become another hub for blockchain technology and cryptocurrency technology—rivaling states like Florida or Texas.

What’s more, a Bitcoin treasury aligns with Louisiana’s existing legislative momentum toward financial sovereignty. Our legislature previously banned central bank digital currencies (HB 488, 2024) and protected citizens’ right to use gold and silver as legal tender (HB 695, 2025)—reflecting a commitment to economic freedom. This sort of legislation shows us a path forward to a Bitcoin Treasury. By holding Bitcoin—potentially using seized assets or gradual purchases—Louisiana could mirror the federal government’s recent strategic reserve proposal under President Trump and simultaneously enhance Louisiana’s financial sovereignty from the Federal Reserve.

Of course, critics from the banking cartel might argue that Bitcoin’s volatility poses risks, but this issue can be mitigated. The state could adopt a cautious approach, converting payments to dollars while holding a portion in BTC. Moreover, long-term economic trends suggest Bitcoin’s value stabilizes as adoption grows, supported by institutional interest, and global recognition as a store of value in recent years. In the past, Louisiana’s strategic oil reserves have weathered price swings; a diversified treasury including a portion of Bitcoin can very well do the same.

Multi-billion dollar companies (e.g. Tesla, Block, and Strategy) and governments have already integrated Bitcoin into their financial strategies, and Louisiana could lead U.S. states in this shift. As of this writing, only three other American states have passed legislation to enact a Bitcoin Strategic Reserve. By building a modest reserve (e.g. a thousand BTC over three years) Louisiana could test the waters by copying this successful treasury model from other governments without overextending itself.

In a world of inflated fiat currency, Louisiana’s creation of a Strategic Bitcoin Reserve could secure our state’s economic future, garner national attention, and become a key leader in the crypto space. Let’s hope that the Louisiana legislature takes a bold step forward next year in creating a Strategic Bitcoin Reserve.

—

Nathan Koenig is a frequent contributor to RVIVR.com, a national conservative political site affiliated with The Hayride. Follow his writing on the Louisiana First Standard Substack, on Twitter (X) @LAFirstStandard, on Tik Tok @la.first.standard & on Instagram @lafirststandard. Email him here: louisianafirststandard@proton.me