Bitcoin News Post
No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
LIVE PRICES
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
No Result
View All Result
Bitcoin News Post
No Result
View All Result

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

by BNP
July 18, 2021
in Bitcoin News
0
Share on FacebookShare on Twitter


Jackson, Tennessee’s mayor is a fan of bitcoin and he desires town to change into a bitcoin hub with the intention to entice know-how corporations and innovation. Jackson’s mayor Scott Conger is within the midst of discussing creating laws that permits Jackson residents to pay property taxes with bitcoin.

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

Miami mayor Francis Suarez just isn’t the one bitcoiner attempting to get bitcoin corporations and technological innovation to reside in his metropolis. Jackson, Tennessee’s mayor can also be a bitcoin fan and Scott Conger is the third member of his household to be Jackson’s mayor.

Conger has seen inflation creeping larger after the federal authorities and central financial institution created large portions of stimulus over the past 12 months and a half. In Conger’s opinion bitcoin is the one resolution to this downside. Three days in the past Conger tweeted:

Why will we settle for inflation? Why don’t we demand extra from our federal authorities 6.3% in 2 years? 172.8% in my lifetime. Yearly our greenback is price much less. There is no such thing as a rebound. There’s just one repair for this… Bitcoin.

Scott Conger: ‘Let Us Not Settle for Any Inflation’

In a latest interview, Conger stated he’s been maintaining a tally of Mayor Suarez of Miami and he believes bitcoin can profit Jackson. Bitcoin is right for distant employees leveraging town of Jackson and it may give the Tennessee metropolis an edge. In one other interview, Conger talked about inflation once more and began issues priced in satoshis (the smallest denomination of bitcoin).

“It actually hit residence as soon as it was identified the worth of lumber in {dollars}… large inflation vs the worth in [satoshis],” Conger detailed. Conger can also be recognized for saying:

Allow us to not settle for any inflation in addition to the rising carbon footprint.

Conger has additionally initiated a process power devoted to learning blockchain advantages and the way funds with bitcoin may help bolster Jackson. “Our blockchain process power is trying into how town of Jackson TN can settle for property tax funds in bitcoin and permit our workers to DCA in bitcoin,” Conger tweeted on Thursday.

Earlier this 12 months, Eric Adams additionally joins Conger and Suarez because the New York Metropolis (NYC) mayoral candidate desires New York to be a bitcoin hub as nicely and “the middle of all know-how.” Previous to Eric Adams, one other NYC mayoral candidate, Andrew Yang, additionally promoted bitcoin throughout his campaigning in February. So far as Jackson, Tennessee, and Conger, he’s following the footsteps of Suarez.

“I’m taking pointers from Francis Suarez,” Conger tweeted. “Within the coming weeks I shall be forming a Blockchain Job Power to discover how you can finest place town of Jackson TN for the long run,” the mayor of Jackson added.

What do you consider the mayor of Jackson, Tennessee selling bitcoin for his metropolis? Tell us what you consider this topic within the feedback part beneath.

Tags on this story
Andrew Yang, Bitcoin, Bitcoin Centre, bitcoin hub, Blockchain Job Power, BTC, metropolis of Jackson TN, eric adams, Francis Suarez, inflation, Jackson, Jackson Tennessee, mayor, miami mayor, NYC mayoral candidate, Property taxes, Tennessee, Tennessee Bitcoin, tennessee taxes

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a proposal to purchase or promote, or a advice or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, straight or not directly, for any injury or loss precipitated or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or companies talked about on this article.





Source link

ShareTweetPin

Related Posts

More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain – Bitcoin News

by BNP
February 6, 2023
0

Ordinals inscriptions, seen as a type of Bitcoin-native NFTs, are selecting up steam amongst some Bitcoin circles, regardless that the...

SHIB Remains Near Recent Highs as Crypto Markets Fall on Monday – Market Updates Bitcoin News

by BNP
February 6, 2023
0

Shiba inu has been comparatively steady to start out the week, as costs remained near latest highs, regardless of Monday’s...

Bitcoin trader fears a bear market comeback: Watch the US dollar

by BNP
February 6, 2023
0

Bitcoin (BTC) stayed immobile on the Feb. 6 Wall Avenue open as evaluation confirmed an “fascinating dynamic” in play on...

FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs – Bitcoin News

by BNP
February 6, 2023
0

FTX debtors are in search of to claw again thousands and thousands of {dollars} given to U.S. political motion committees...

BTC Hits 1-Week Low, Bullish Sentiment Fades on Monday – Market Updates Bitcoin News

by BNP
February 6, 2023
0

Bitcoin fell to a seven-day low to start out the week, as current bullish momentum started to put on off...

Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets – Fintech Bitcoin News

by BNP
February 6, 2023
0

Capitual, a Brazilian fintech firm that provides cryptocurrency intermediation providers, has partnered with Azimut, an asset administration agency, to broaden...

Load More
Next Post

Whales before they pump : Bitcoin

Bitcoin News Post

Get the latest Bitcoin news & Cryptocurrency updates from the world's top trusted sources.

  • Home
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © Bitcoin News Post.

No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation

Copyright © Bitcoin News Post.

  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • RelevantRelevant(REL)$0.791.67%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183584-4.85%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%