Vancouver Mayor Ken Sim don propose Bitcoin integration and city reserves conversion
Vancouver Mayor, Ken Sim dey lead effort to put Bitcoin inside di city financial system. For one announcement wey dem do recently, Sim talk about how dem fit put Bitcoin inside city services and how dem go change some of di city money wey dem keep to Bitcoin so dem fit fight as currency dey change anyhow, devaluation, and inflation. Even though dem still dey work on di time wey dem go start and how dem go do am, dis thing wey dem wan do show how Vancouver wan collect digital money and make dem get strong financial system. Sim vision na to make blockchain dey innovate and bring tech investments, wey dey go along with how people know di city as tech leader. Dis move fit set example for other cities for world wide, especially after city officials talk about am for one report wey dey come.
Bullish
The proposal wey Vancouver Mayor Ken Sim make to put Bitcoin inside the city financial system and change some of the city money wey dem keep to Bitcoin, dey show say people dey begin accept digital money for city level. This strong step go likely make Bitcoin go up, because e dey show say big companies fit support am and make am legit. The move fit also ginger blockchain startups and make technology investment increase, wey fit make Bitcoin price go up for short time because more people dey use am and show interest. For long time, e dey show say cities fit start to dey do the same thing, wey go make Bitcoin strong for the world financial system.