THELOGICALINDIAN - The ambassador of the US burghal of Jackson Tennessee explains that the amount of bitcoin will accumulate ascent as the Fed continues to book money He believes that bitcoin is absolutely the approaching budgetary system
Mayor Explains Bitcoin’s Price Will Keep Rising as the Fed Continues to Print Money
Mayor Scott Conger of the U.S. burghal of Jackson, Tennessee, commented on the amount of bitcoin Saturday in affiliation to the Fed’s money-printing policy. He wrote:
The BTC amount back the ambassador tweeted was $49,626.81. At the time of writing, the amount of the cryptocurrency is sitting at $49,775.13 afterwards it surpassed the $50K akin Monday morning.
Bitcoin.com News reported in April that Mayor Conger was exploring amount conversions for burghal advisers as able-bodied as bitcoin mining to add BTC to the city’s antithesis sheet.
In July, he tweeted that his city’s blockchain assignment force is attractive into how the burghal can “accept acreage tax payments in bitcoin and acquiesce our advisers to DCA in bitcoin.”
He has additionally announced about inflation several times, stating, “Let us not acquire any aggrandizement as able-bodied as the accretion carbon footprint.”
Mayor Conger is amid a scattering of mayors in the U.S. who accept been articulate about authoritative bitcoin assignment for their cities. Mayor Francis Suarez has additionally been aggravating to accomplish Miami, Florida, a bitcoin hub. Last week, Mayor Jayson Stewart of Cool Valley, Missouri, said that he is raising funds to accord $1,000 in BTC to every citizen in his city.
Do you accede with Mayor Conger about bitcoin? Let us apperceive in the comments area below.
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