The "Bitcoin Faith" is Elevated Again! Vancouver, Canada May Incorporate Bitcoin into City Finances
According to Zhichun Finance APP, with the pro-cryptocurrency Trump elected as President of the United States driving Bitcoin prices to soar, Vancouver, Canada has passed a motion that may promote the use of Bitcoin in its city finances. On Wednesday, the Vancouver City Council passed a motion proposed by Mayor Ken Sim titled "Protecting City Purchasing Power through Financial Reserve Diversification - Becoming a Bitcoin-Friendly City." The motion will instruct city government staff to analyze the potential for integrating cryptocurrencies, such as accepting Bitcoin for taxes or converting some of Vancouver's financial reserves into Bitcoin.
The Mayor of Vancouver has decided to be more outspoken about cryptocurrencies, as "suddenly, with what is happening in the U.S., other nation-states, provinces, and states are showing signs that they will do the same," stating, "we want to be ahead of them."
Since announcing this motion in late November, Ken Sim has been an ardent believer in Bitcoin, calling it "the greatest invention in human history," and stating that traditional fiat currencies will "go to zero." Ken Sim believes that the "potential" value of Bitcoin is only a small fraction of its future value, although he emphasizes that he is not qualified to provide investment advice. #市场调整后的方向