First Bitcoin Education In Santa Monica Launched To Expand Employment: Report
Key Points:
- Santa Monica created the first government Bitcoin office.
- Goals: Bitcoin education, tourism, job opportunities, sustainable mining.
Bitcoin education in Santa Monica will be led by a new government office. It aims to educate, boost tourism, connect residents to jobs, and promote sustainable Bitcoin mining.
According to Bitcoin Magazine, the City of Santa Monica controls Bitcoin education with the first-ever government Bitcoin office. The city council agreed unanimously to trial a government office created in collaboration with the non-profit Proof of Workforce, which will be a free expense to the city.
Objectives of the Santa Monica Bitcoin Office
The office has four front-page objectives:
- Providing Bitcoin Education
- Facilitating partnerships and conferences that would boost tourism
- Connecting residents to job opportunities
- Projecting sustainable Bitcoin mining powered by the city’s renewable energy sources.
Vice Mayor Lana Negrete has led the charge and is allegedly excited about the new ideas. As she mentioned, the focus here is that Bitcoin is for everybody, and Santa Monica is well on its way to becoming the Plates of Bitcoin information.
Readmore: German Bitcoin Sell-Off Sees 10,853 BTC Transferred In 12 Hours
Bitcoin Education In Santa Monica Inspired by El Salvador
Inspired by El Salvador – the first country to adopt Bitcoin as legal tender in 2021, Santa Monica seeks to replicate its success. El Salvador’s Bitcoin office has drawn significant investment and tourism, and Santa Monica aims to attract similar benefits.
Santa Monica has big ambitions for its $700 million annual budget and 4.5 million visitors, who spent almost $1 billion in the city in 2023. Among the recent developments related to this city are firefighters adopting self-custody of Bitcoin and city leaders visiting El Salvador to get a first-hand view of the adoption of Bitcoin.
Dom Bei, Founder of Proof of Workforce, announced plans to display a special Bitcoin visual on the Santa Monica Pier to celebrate this new initiative.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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First Bitcoin Education In Santa Monica Launched To Expand Employment: Report
Key Points:
- Santa Monica created the first government Bitcoin office.
- Goals: Bitcoin education, tourism, job opportunities, sustainable mining.
Bitcoin education in Santa Monica will be led by a new government office. It aims to educate, boost tourism, connect residents to jobs, and promote sustainable Bitcoin mining.
According to Bitcoin Magazine, the City of Santa Monica controls Bitcoin education with the first-ever government Bitcoin office. The city council agreed unanimously to trial a government office created in collaboration with the non-profit Proof of Workforce, which will be a free expense to the city.
Objectives of the Santa Monica Bitcoin Office
The office has four front-page objectives:
- Providing Bitcoin Education
- Facilitating partnerships and conferences that would boost tourism
- Connecting residents to job opportunities
- Projecting sustainable Bitcoin mining powered by the city’s renewable energy sources.
Vice Mayor Lana Negrete has led the charge and is allegedly excited about the new ideas. As she mentioned, the focus here is that Bitcoin is for everybody, and Santa Monica is well on its way to becoming the Plates of Bitcoin information.
Readmore: German Bitcoin Sell-Off Sees 10,853 BTC Transferred In 12 Hours
Bitcoin Education In Santa Monica Inspired by El Salvador
Inspired by El Salvador – the first country to adopt Bitcoin as legal tender in 2021, Santa Monica seeks to replicate its success. El Salvador’s Bitcoin office has drawn significant investment and tourism, and Santa Monica aims to attract similar benefits.
Santa Monica has big ambitions for its $700 million annual budget and 4.5 million visitors, who spent almost $1 billion in the city in 2023. Among the recent developments related to this city are firefighters adopting self-custody of Bitcoin and city leaders visiting El Salvador to get a first-hand view of the adoption of Bitcoin.
Dom Bei, Founder of Proof of Workforce, announced plans to display a special Bitcoin visual on the Santa Monica Pier to celebrate this new initiative.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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