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Vancouver Mayor Ken Sim: Bitcoin has been the best performing asset in the past 16 years
Ken Sim, Mayor of Vancouver: Bitcoin is the best performing asset in the last 16 years. It's better than gold. It won't be seized by military force. It could make Vancouver a world leader in bitcoin innovation.
2024-12-22 21:52:26
Vancouver mayor proposes adopting bitcoin to fight inflation
Vancouver Mayor Ken Sim has urged the city council to explore the integration of bitcoin into municipal finance strategies, emphasizing the potential of cryptocurrencies to enhance financial stability in a volatile fiat market. At the Dec. 11 meeting of the city council, Sim introduced a bill entitled "Maintaining the City's Purchasing Power by Diversifying Financial Reserves - Becoming a Bitcoin Friendly City", arguing that Bitcoin has built a "good reputation" over its 16-year history as a saf...
2024-12-10 09:21:51
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