Vancouver Mayor’s Bitcoin Reserve Dream Hits Legal Wall
Vancouver city staff have recommended that councillors drop Mayor Ken Sim’s Bitcoin motion, which ordered work on accepting payments in BTC and exploring a Bitcoin reserve for part of the city’s funds. Bitcoin: “Not An Allowable Investment Asset” In a report released on March 2 reviewing outstanding council directions, the Vancouver staff has deemed Bitcoin […]
Related News
What did you do this past New Year's Eve? If you weren't at the international arrivals terminal at the Vancouver Airport, you were clearly missing out. This 'Decentralized Dance Party' (aka New Year's Eve Banana Boombox Throwdown) was funded by bitcoin donations and most certainly took jet lagged travelers by surprise. "Big thanks to the hundreds of fearless free spirits who Partied with us alllllll the way to the airport and back (with the spontaneous assistance of TransLink and the Vancouver Police Department) for what was the likely the most ridiculous NYE countdown that Vancouver will....
A Vancouver politician says the city should allow residents to pay their taxes, fines and fees using bitcoin. Jason Lamarche won 37,286 votes in a recent council election, and now he says he would solicit bitcoin donations if he chose to run again. In an interview with the Georgia Straight, Lamarche questioned why municipal politicians aren't discussing bitcoin's disruptive potential. He pointed out that many people describe Vancouver as the Silicon Valley of the north, yet the city is not doing much to promote new technology. Lamarche explained: "Well, when we have companies that are....
Cryptocurrency had a lot of firsts in Vancouver, but nothing brought more media attention than the world's first Bitcoin ATM. Installed by the Bitcoiniacs (now CoinTrader) in partnership with Robocoin, it found its home in a Waves Coffee House. Originally signed onto Bitcoin by the Bitcoin Co-op, CoinTrader soon moved in and made it their Bitcoin headquarters, which it still is, today! Although traffic has dwindled since the famous launch event, Waves continues to be one of Vancouver's Bitcoin hot-spots. It held one of CoinFest's most popular events-the mining and hardware....
Quantum Properties, a Abbotsford, British Columbia based company, will now accept Bitcoins as payment for their vast selection of condominiums across the Fraser-Valley and the Lower Mainland of B. C. Quantum Properties' Vancouver office is located right next to Vancouver's Bitcoin ATM was well. With a selection of both high-rise and low-rise residential condos, as well as being in the tech-savvy area of Greater Vancouver, Quantum Properties is one of the real estate developers to accept Bitcoin in the Vancouver area. President and CEO of Quantum Properties, Diane M. Delves, said: "I like....
Car Free Day Vancouver is taking place in mid-June on Main Street. The event occurs on Father's Day each year (June 15), and is entirely volunteer organized and for years has been promoting car free transportation in Vancouver. The event has a history of community involvement, moving the city into the future and inspiring others to think beyond car culture, all of which lead up to the 10th anniversary of Car Free Day Vancouver. This monumental event is likely to have over 250,000 in attendance, and will also include a passionate community of Bitcoiners and cryptocurrency enthusiasts.....