This US mayor gives $ 1,000 in bitcoin to every household
Jayson Stewart, originally one of the U.S. mayors increasingly optimistic about Bitcoin (BTC), said he had raised enough donations to distribute $ 1,000 worth of bitcoins to every cooler household (Valley, Missouri).
This American mayor distributed $ 1,000 in Bitcoin per household
The project, which aims to help mitigate the effects of the COVID-19 pandemic, was originally billed at $ 500 to each home in the small town of approximately 1,500 residents. However, Mayor Stewart’s publicity has attracted funds from across the country.
Stewart’s undying belief in Bitcoin’s revolutionary potential is well known in an interview with Bitcoin Magazine, which stated that the leading digital currency has given him a new way of thinking about humanity in the future.
“It gives me hope and optimism that we can overcome some of the worst parts of the system we were born with and actually build a future the way we want it to be. I get a certain amount of hope and optimism from Bitcoin. “ he added.
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Mayor Stewart plans to hold educational forums before distributing $ 1,000 in bitcoin to each household
Despite the fact that Bitcoin can now be found on the front pages of major media publications even in the US, the majority still do not have a proper understanding of the digital currency. Ahead of the Bitcoin cash raffle, Mayor Stewart said educational forums will be held for potential recipients so they can use the cryptocurrency from the start.
“We would urge people to keep their own bitcoins as soon as possible.” said the mayor.
With cash paid out in Bitcoin, Stewart can also afford it to residents who choose HODL to get more out of their pockets, as cryptocurrencies tend to appreciate in value over time.
Alongside this Bitcoin initiative, Stewart also reiterated his desire to attract companies and other Bitcoin-related investments to Cool Valley. In the interview, the mayor outlined how deeply rooted his program is in America’s liberal culture.
“Bitcoin is basically American. It’s the most American thing. Our government is based on individual freedom and liberties, individual rights and sovereignty and everything that Bitcoin really is. I think it is a natural marriage that Bitcoin will thrive in the US. “he said.
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