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U.S. state plans to become bitcoin hub

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Payroll conversion to Bitcoin? Why not.

In its attempt to become a Bitcoin (BTC) hub, the city government of Jackson, Tennessee, USA, is exploring the idea of payroll conversions to crypto as well as Bitcoin mining in order to add the cryptocurrency to its balance sheet.

On Twitter, Jackson Mayor Scott Conger announced his plans, claiming that his city is in a “prime position to lead the way in cryptocurrency adoption.”

“We’re exploring payroll conversions for our employees. Even more exciting – we’re seriously exploring mining Bitcoin to add to our balance sheet.” the mayor said in a tweet quoted by News.bitcoin.com. He used BTC, LTC, and ETH as hashtags for his tweets.

Into the BTC bandwagon

As if the tweet and hashtags were not enough, Conger had some extra moves to prove he is into the Bitcoin bandwagon.

The mayor changed his profile picture on Twitter to include laser eyes – the meme that means anyone with those eyes is laser-focused on Bitcoin’s price rising to $100k. He adds to the growing number of politicians, celebrities, and investors that have partaken in the meme, including pro-Bitcoin senator Cynthia Lummis.

Aside from that, Conger also tweeted, “Local government will lead the way in Bitcoin adoption, and along with it, users in a new industrial revolution with sustainable economies that will help close the wealth gap.”

Following Miami’s lead

A similar effort is already underway in the city of Miami, Florida, and the initiative has gotten the support it needs.

Mayor Francis Suarez is working hard to push for his city to become a Bitcoin hub. In line with this matter, city commissioners have opted to support the resolution of the mayor to allow the use of Bitcoin (BTC) as payment for salaries, taxes, and fees.

Miami is also in support of efforts put into making BTC an acceptable currency for potential investments in the state treasury.

 

Image courtesy of Cointelegraph News/YouTube

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Source: https://bitcoinerx.com/blockchain/u-s-state-plans-to-become-bitcoin-hub/

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