Jackson, Tennessee is the latest city in the United States to adopt Bitcoin (BTC) payments and mining, following recent Florida crypto developments.
Jackson Mayor Scott Conger announced On Wednesday, the city is actively exploring the possibility of paying its employees in cryptocurrency in addition to mining Bitcoin and adding it to the city’s balance sheet. The mayor hinted that the city is seeking payroll in a variety of digital assets, citing coins such as Bitcoin, Ether (ETH) and Litecoin (LTC).
“The local government will lead the adoption of #Bitcoin, ushering in a new industrial revolution with sustainable economies that will help close the wealth gap,” said Mayor Conger said in a Thursday tweet.
The latest announcement comes shortly after Mayor Conger joined the crypto community’s “laser eyes” flash mob, changing his Twitter profile photo with laser eyes earlier this week. The trend of crypto laser eyes emerged in February, with industry leaders and users changing their Twitter profile avatars to include laser eyes in support of Bitcoin’s price surge.
The mayor’s move follows the moves of Miami Mayor Francis Suarez, who supported a major initiative to enable Miami residents to pay taxes and receive salaries in Bitcoin. The city committee has already backed a resolution to investigate Bitcoin as an acceptable investment for municipal funds. A Miami-Dade County commissioner backed a similar tax resolution in April.
“I’m just following your lead,” the Jackson mayor said in response to Mayor Suarez’s support for his latest crypto movement.
That’s my husband! https://t.co/Nk5tZ96tMA
– Mayor Francis Suarez (@FrancisSuarez) April 21, 2021