Bitcoin bulls in City Hall: Meet America’s crypto mayors
A wave of political goodwill and support for Bitcoin is building up. Is this just hype, or will there be long-lasting support for crypto? As 2021 comes to a close, Bitcoin (BTC) has had a tumultuous ride this year, with wild price swings that have seen the pioneer cryptocurrency hit all-time highs only to retrace to lower prices — including a 50% drop that shook the market. Now, Bitcoin is once again back and stronger than ever, even recently going past its previous all-time high.Bitcoin’s dizzying market price swings aside, it seems some politicians have recognized Bitcoin’s potential,....
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A growing number of mayors in cities across the U.S. have said they want to be paid in bitcoin. The mayor of Miami said he is going to take his entire salary in the cryptocurrency, two other mayors will be converting their paychecks into bitcoin, and the mayor-elect of New York City will take his first three paychecks in crypto. More Mayors of US Cities Ask to Be Paid in Bitcoin A growing number of mayors in U.S. cities want to be paid in bitcoin. At the time of writing, at least three mayors and one mayor-elect have said that they will take their next paychecks in bitcoin. The first mayor....
The mayors of Jackson, TN, and Tampa, FL, are the latest to join the cohort of US mayors converting their paychecks into bitcoin.
The city will seek a vendor to help City Hall pay all or part of its employees' salaries in bitcoin. Residents would also have the option of using cryptocurrency to pay for city services.
Curtis Sliwa, a candidate for New York City (NYC) mayor, said that he will make his city “the most cryptocurrency-friendly city” in the U.S. if he is elected. He joins a growing list of mayors and mayoral candidates in growing cryptocurrency adoption.
Mayoral Candidate Plans to Turn NYC Into the Most Crypto-Friendly City
NYC mayoral candidate Curtis Sliwa has shared his vision to make New York City the most cryptocurrency-friendly place in the U.S. Sliwa, a radio talk show host, is the founder and chief executive officer of the Guardian Angels, a nonprofit....
"We are going to become the first city in the world to mine Bitcoin here on site at city hall," said Fort Worth Mayor Mattie Parker. Fort Worth, Texas has launched a pilot program to mine Bitcoin in partnership with the Texas Blockchain Council.In a Tuesday city council meeting, Fort Worth approved a resolution to start running three Antminer S9 Bitcoin (BTC) miners donated by the Texas Blockchain Council in the city hall building. The pilot program was aimed at recognizing “the exponential growth of the blockchain and cryptocurrency industries” in addition to encouraging Fort Worth to....