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Yevhen
@applestar
⚪ From Bitcoin ATMs to Bitcoin-Friendly Policies ➖ Vancouver has come a long way from its past policies on Bitcoin. In 2019, former Mayor Kennedy Stewart tried to ban Bitcoin ATMs, even though Vancouver hosted the world’s first Bitcoin ATM. Fast forward to 2024, and the city is now embracing the potential of cryptocurrency. The council’s new motion proposes two major steps: ➖ Creating a Bitcoin Reserve: Establishing BTC as part of the city’s financial reserves. ➖ Accepting BTC for Payments: Enabling Bitcoin as a payment option for taxes and city fees. ➖ Mayor Sim called the initiative a “no-brainer,” emphasizing the importance of future-proofing the city’s finances. 🧵 2/6
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