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⚪ The Discovery Phase: What’s Next?

➖ Before rolling out Bitcoin payments or a reserve, the city council has directed staff to conduct a feasibility study. Expected by Q1 2025, this report will assess:
➖ Risks associated with Bitcoin adoption.
➖ Implementation challenges.
➖ Long-term benefits for the city and taxpayers.

➖ The study’s findings will determine whether Vancouver’s bold crypto experiment becomes a reality.

➖ Mayor Sim: A Bitcoin Believer
Mayor Sim’s enthusiasm for Bitcoin has been clear. Calling it “the greatest invention in human history,” he’s keen to modernize Vancouver’s financial strategy. 
➖ His push for Bitcoin adoption aligns with a growing global trend toward cryptocurrency acceptance, particularly as the reelection of pro-crypto U.S. President Donald Trump signals a shift toward regulatory clarity.

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