Jackson, Tennessee Mayor Praises Bitcoin’s Benefits Against Inflation, Aims to Create a BTC Hub

Jackson, Tennessee Mayor Praises Bitcoin’s Benefits Against Inflation, Aims to Create a BTC Hub
фото показано с : news.bitcoin.com

2021-7-19 22:30

Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with bitcoin.

Jackson, Tennessee’s Mayor Is a Fan of Bitcoin, He Wonders Why We Accept Inflation

Miami mayor Francis Suarez is not the only bitcoiner trying to get bitcoin companies and technological innovation to reside in his city. Jackson, Tennessee’s mayor is also a bitcoin fan and Scott Conger is the third member of his family to be Jackson’s mayor.

Conger has noticed inflation creeping higher after the federal government and central bank created massive quantities of stimulus during the last year and a half. In Conger’s opinion bitcoin is the only solution to this problem. Three days ago Conger tweeted:

Why do we accept inflation? Why don’t we demand more from our federal government 6.3% in 2 years? 172.8% in my lifetime. Every year our dollar is worth less. There is no rebound. There is only 1 fix for this… Bitcoin.

if (!window.GrowJs) { (function () { var s = document.createElement('script'); s.async = true; s.type = 'text/javascript'; s.src = 'https://bitcoinads.growadvertising.com/adserve/app'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || []; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 31, [300, 250], null, []); GrowJs.showBanner(banner.index); } }); Scott Conger: ‘Let Us Not Accept Any Inflation’

In a recent interview, Conger said he’s been keeping an eye on Mayor Suarez of Miami and he believes bitcoin can benefit Jackson. Bitcoin is ideal for remote workers leveraging the city of Jackson and it could give the Tennessee city an edge. In another interview, Conger mentioned inflation again and started looking at things priced in satoshis (the smallest denomination of bitcoin).

“It really hit home once it was pointed out the price of lumber in dollars… massive inflation vs the price in [satoshis],” Conger detailed. Conger is also known for saying:

Let us not accept any inflation as well as the increasing carbon footprint.

Conger has also initiated a task force dedicated to studying blockchain benefits and how payments with bitcoin can help bolster Jackson. “Our blockchain task force is looking into how the city of Jackson TN can accept property tax payments in bitcoin and allow our employees to DCA in bitcoin,” Conger tweeted on Thursday.

Earlier this year, Eric Adams also joins Conger and Suarez as the New York City (NYC) mayoral candidate wants New York to be a bitcoin hub as well and “the center of all technology.” Prior to Eric Adams, another NYC mayoral candidate, Andrew Yang, also promoted bitcoin during his campaigning in February. As far as Jackson, Tennessee, and Conger, he’s following the footsteps of Suarez.

“I’m taking pointers from Francis Suarez,” Conger tweeted. “In the coming weeks I will be forming a Blockchain Task Force to explore how to best position the city of Jackson TN for the future,” the mayor of Jackson added.

What do you think about the mayor of Jackson, Tennessee promoting bitcoin for his city? Let us know what you think about this subject in the comments section below.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69415.12 (+0.14%)
Объем 24H $47.852b
Изменеия 24h: 2.78 %, 7d: -4.30 %
Cегодня L: $69321.36 - H: $69415.12
Капитализация $1372.905b Rank 1
Цена в час новости $ 31593.73 (119.71%)

jackson bitcoin mayor tennessee fan hub pay

jackson bitcoin → Результатов: 52


Bitcoin & Gold Make An Inverted V on Fed’s Inflation Sacrifice; Stocks Roared Even Higher

The Federal Reserve will allow inflation to run above 10%, said Fed Chairman Jerome Powell during the much-awaited virtual speech from the central bank’s annual Jackson Hole, Wyoming symposium. Bitcoin’s price responded to the news quite visibly, forming an inverted V, as the digital asset jumped from $11,290 to just above $11,600.

2020-8-27 19:48


SEC Publishes a New Proposal by Bitwise Regarding Bitcoin ETFs

The SEC or The United States Securities and Exchange Commission has recommended a proposal from Bitwise advocating why the time is ripe for the world’s first Bitcoin ETF (Exchange Traded Fund). This document by the San Francisco-based Bitwise was presented to SEC commissioners Robert Jackson, Hester Peirce, and Elad Roisman. Bitwise is a venture-backed Cryptocurrency […]

2019-9-20 19:46


Dogecoin’s 60% growth over Q2 proves it should be taken seriously – here’s what happened

Dogecoin has been in development since 2013. Its original creators, Billy Markus and Jackson Palmer, wanted to create a cryptocurrency that wasn’t as stuffy or boring as Bitcoin. They wanted to create a digital coin that was fun, in the hope that it would appeal to a much broader audience than conventional cryptocurrencies like Bitcoin.

2019-8-2 16:44


Bitcoin ETF: SEC’s CryptoMom Peirce Has More Good News For Crypto

US SEC Commissioner Hester Peirce’s latest speech shows she is still pushing hard with her colleagues on a bitcoin ETF approval and crypto-friendly token-sale regulation. Hot on the heels of Securities and Exchange Commission (SEC) Commissioner Robert J Jackson Jnr’s interview with US Capitol news outlet Roll Call, in which he shared his thoughts on […] The post Bitcoin ETF: SEC’s CryptoMom Peirce Has More Good News For Crypto appeared first on Ethereum World News.

2019-2-10 23:06


Комиссар SEC намекает, что Комиссия одобрит Bitcoin ETF: неопубликованное интервью попало в сеть

Пользователь Twitter, Дрю Хинкс, опубликовал черновик интервью Комиссара SEC Роберта Джексона Младшего для издательства  Congressional Quarterly Inc. , в котором последний говорит о возможном одобрении Bitcoin ETF.

2019-2-7 10:54