Kentucky Town to Pay Police Chief in Bitcoin
A small town in Kentucky by the name of Vicco will be paying its police chief in bitcoin following the passing of an ordinance that allowed Chief Tony Vaughn to take home his salary in the digital currency, a month after the Chief appeared before commission to request the change. The town, populated by under 400 people was recently featured on a bit on Comedy Central program The Colbert Report. Although the bit featured Vicco, Kentucky, there was no mention of this news as the segment was related to the town's openly gay mayor. "We done a checkup on it, and that's the way he wants paid,....
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News that a small-town police chief from Vicco, Kentucky, will accept his salary in bitcoin has taken the web by storm. Later today, Vicco's mayor Johnny Cummings will make the transaction: sending bitcoin from the town's wallet to Police Chief Tony Vaughn. "The city has a bitcoin account now," Cummings explained, "Thursday's the pay period so today we're going to transfer his money." But Vicco's involvement with bitcoin doesn't stop here. Cummings announced that he and Vaughn would donate their salaries for the month to a wallet setup for donations to the embattled town. Long-term....
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