Jackson, Tennessee Mayor Praises Bitcoin"s Benefits Against Inflation, Aims to Create a BTC Hub
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. 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. Report Claims Nayib Bukele"s Regime May Issue a Salvadoran Stablecoin NEWS | 13 hours ago Dolce & Gabbana to Launch High Fashion-Inspired NFT Collection in Venice NEWS | 19 hours ago Tags in this story Andrew Yang, Bitcoin, Bitcoin Centre, bitcoin hub, Blockchain Task Force, BTC, city of Jackson TN, eric adams, Francis Suarez, inflation, Jackson, Jackson Tennessee, mayor, miami mayor, NYC mayoral candidate, Property taxes, Tennessee, Tennessee Bitcoin, tennessee taxes
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