Town of Santa Monica is making historical past with the opening of its official Bitcoin workplace. The Metropolis Council voted unanimously to pilot the workplace in partnership with the nonprofit Workforce Certification Group for gratis to town.
In line with PR despatched to Bitcoin Journal, the workplace has 4 key targets: to supply Bitcoin training, promote partnerships and conferences to develop tourism, present employment alternatives for residents, and discover sustainable options powered by city renewable vitality. Bitcoin mining.
Vice Mayor Lana Negrete, who helps the initiative, stated: “As we embark on this journey to find out about Bitcoin in Santa Monica, I am excited to see the next concepts. Bitcoin is for everybody!”
Santa Monica follows the mannequin of El Salvador, which in 2021 turned the primary nation to undertake Bitcoin as authorized tender.
By embracing Bitcoin, Santa Monica hopes to copy a few of its success. Town has an annual price range of $700 million, receives 4.5 million guests, and can spend almost $1 billion by 2023.
Another current Bitcoin developments in Santa Monica embrace firefighters adopting Bitcoin self-custody and metropolis leaders visiting El Salvador to review Bitcoin adoption for themselves.
As extra locations like Santa Monica discover Bitcoin, this confirms the rising view that cities and nations can acquire a bonus by positioning themselves as Bitcoin-friendly locations.
“Santa Monica’s future is vivid orange!” stated Dom Bei, founding father of Proof of Workforce. On Wednesday, he plans to show particular Bitcoin visuals on the Santa Monica Pier to have a good time town’s new Bitcoin initiative.
