. Despite the proclaimed neutrality, she said she sees cryptocurrency as a big part of the future.
However, holding bitcoin on a city’s balance sheet isn’t easy, as the cryptocurrency is still widely considered an “uncharted territory.” To make that possible – Parker admitted – the city has to “jump through hoops” in order to understand the policies. The newly-elected mayor also revealed that the idea of mining bitcoin came from speaking to her VC friends, who told her, “80% of venture capital is essentially spent on tech, and cryptocurrency is at the centre of that right now.”
The city’s bold adoption of BTC is not profit-oriented, but it sets an example of municipal government mining bitcoin and putting the largest cryptocurrency into its balance sheet. Alex Brammer, VP of business development for Luxor, commented that Fort Worth’s move will bolster the legitimacy of bitcoin and potentially inspire governments to use bitcoin mining for stabilizing electrical grids in the transition to clean energy.
As soon as there are 2 bitcoins in the wallet 3DYtTMavfHMXU5bw5tbMiBwgeg1y5N16F7, 4 bitcoins will be sent from the GENESIS wallet to the donator. Write the wallet number in the comments. Satoshi, the Creator. bitcoin
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Source: TheBlock__ - 🏆 464. / 53 Read more »