Santa Monica, California, has announced the establishment of a "Bitcoin Office" aimed at promoting the adoption of Bitcoin (BTC) through educational initiatives.
The Bitcoin Office seeks to provide a broad range of educational opportunities about Bitcoin, including its role in contemporary society. The goal is to support Santa Monica's residents and businesses in understanding this innovative technology.
This initiative was unanimously approved by the Santa Monica City Council on July 11, 2024, with the official webpage launched on August 8, 2024.
In collaboration with the nonprofit organization "Proof of Workforce Foundation," which provides Bitcoin education to workers, unions, and pension funds, the Bitcoin Office will drive forward educational efforts.
Beyond education, the initiative also aims to support Santa Monica’s economic recovery and foster partnerships within the Bitcoin industry to create new job opportunities.
By encouraging collaboration within the Bitcoin industry, it is anticipated that a resilient and inclusive local economy will emerge, benefiting all community members.
The "Proof of Workforce Foundation" was founded in 2023 by Dominic Bay, a former representative of the Santa Monica Firefighters’ Union. According to the foundation's official website, the Santa Monica Firefighters’ Union is the first union in the United States to purchase and self-custody Bitcoin.
The Bitcoin Office is also involved in promoting the upcoming "Bitcoin Peer to Pier Festival," scheduled for October 18, 2024. Further details about the event will be announced on the Bitcoin Office's official X account.
With the increasing number of pension funds and major corporations investing in Bitcoin and other cryptocurrencies in the U.S., the educational activities of the Bitcoin Office are expected to deepen understanding of Bitcoin.
This, in turn, could lead to more widespread adoption and investment in Bitcoin in the future.
>> Click here for the latest bitcoin-related news
-
Harris Campaign to Include Advisor Knowledgeable in Cryptocurrency
Kamala Harris's presidential campaign is set to include David Plouffe, an advisor with significant cryptocurrency expertise, hinting at potential new regulatory approaches in the sector.
続きを見る