đ New Hampshire Embraces Bitcoin ReservesâBut Scammers Strike Amid Soaring BTC Adoption
Bitcoinâs momentum in the U.S. just hit a new milestoneâbut not without risks. As New Hampshire becomes the first U.S. state to integrate Bitcoin into its state reserves, scammers are exploiting the surge in public interest, prompting urgent warnings from state officials.

đď¸ NH Becomes First U.S. State to Adopt Bitcoin Reserve Strategy
On May 6, New Hampshire Governor Kelly Ayotte signed House Bill 302, allowing up to 5% of the stateâs public funds to be invested in Bitcoin and other digital assets with a market cap above $500 billion. At present, only BTC qualifies, making it the first state-backed move toward integrating Bitcoin into official financial reserves.
This groundbreaking legislation signals a historic shift in institutional crypto adoption, aligning with a growing trend of U.S. interest in blockchain technology and decentralized assets.
â ď¸ Bitcoin Scam Alert: NH Treasury Warns Residents
Just one week later, on May 13, the New Hampshire State Treasury issued a fraud alert, warning citizens of a Bitcoin-related phone scam. Fraudsters are impersonating Treasury officials using spoofed phone numbers, falsely claiming victimsâ identities have been stolen.
Victims are told to âsecureâ their funds by withdrawing bank balances and transferring them to a Bitcoin wallet under false promises of protection.
The Treasury stressed that it never requests Bitcoin payments and urged residents to hang up immediately if contacted. Incidents should be reported to the FBIâs Internet Crime Complaint Center (IC3) and local authorities.
đ Public Interest in Bitcoin SurgesâSo Does the Risk
The scam highlights the double-edged sword of growing Bitcoin adoption. As confidence in BTC risesâparticularly following New Hampshireâs strategic moveâbad actors are quick to exploit unprepared or misinformed users.
Experts urge citizens to:
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Verify all government communication
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Educate themselves about crypto security
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Be cautious with unsolicited financial advice involving Bitcoin
đ Why This Matters for Crypto Investors
With New Hampshire leading the way, other U.S. states may soon follow suit. Institutional interest in Bitcoin could push BTC even further into mainstream finance. But with opportunity comes increased responsibility for self-protectionâespecially in an unregulated, decentralized ecosystem.
đ˘ Your Voice Matters: Are You Bullish or Cautious?
Do you see state-backed Bitcoin adoption as a game-changer or a risky move?
Have you or someone you know encountered crypto scams?
đ¨ď¸ Join the conversation in the commentsâyour insights help others stay informed and safe in this rapidly evolving space.


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