With Trump’s election as President of the United States supporting cryptocurrency and driving Bitcoin prices to soar, Vancouver, Canada, has passed a motion that could promote the use of Bitcoin in the city’s finances. On Wednesday, the Vancouver City Council passed a motion proposed by Mayor Ken Sim titled “Protecting the City’s Purchasing Power through Financial Reserve Diversification – Becoming a Bitcoin-Friendly City.” The motion will instruct city government staff to analyze the potential for integrating cryptocurrency, such as accepting Bitcoin for taxes or converting some of Vancouver’s financial reserves into Bitcoin.
The Mayor of Vancouver has decided to be more outspoken about cryptocurrency, as “suddenly, with what’s happening in the U.S., other nation-states, provinces, and states are showing signs that they would do the same,” and “we want to be ahead of them.”
Since announcing the motion in late November, Ken Sim has been an ardent believer in Bitcoin, calling it “the greatest invention in human history,” and stating that traditional fiat currency will “go to zero.” Ken Sim believes that the “potential” value of Bitcoin is only a small part of its future value, although he emphasizes that he is not qualified to provide investment advice.#BTC重返10万 #BTC投资案未获微软股东同意 
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