Key Points:
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.
The office has four front-page objectives:
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
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.
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