{"id":9768,"date":"2021-07-18T19:54:08","date_gmt":"2021-07-18T19:54:08","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/jackson-tennessee-mayor-praises-bitcoins-benefits-against-inflation-aims-to-create-a-btc-hub\/"},"modified":"2021-07-18T19:54:08","modified_gmt":"2021-07-18T19:54:08","slug":"jackson-tennessee-mayor-praises-bitcoins-benefits-against-inflation-aims-to-create-a-btc-hub","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/jackson-tennessee-mayor-praises-bitcoins-benefits-against-inflation-aims-to-create-a-btc-hub\/","title":{"rendered":"Jackson, Tennessee Mayor Praises Bitcoin\u2019s Benefits Against Inflation, Aims to Create a BTC Hub"},"content":{"rendered":"<p><strong>Jackson, Tennessee\u2019s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson\u2019s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with bitcoin. <\/strong><\/p>\n<h2>Jackson, Tennessee\u2019s Mayor Is a Fan of Bitcoin, He Wonders Why We Accept Inflation<\/h2>\n<p>Miami mayor Francis Suarez is not the only bitcoiner trying to get bitcoin companies and technological innovation to reside in his city. Jackson, Tennessee\u2019s mayor is also a bitcoin fan and Scott Conger is the third member of his family to be Jackson\u2019s mayor.<\/p>\n<p>Conger has noticed inflation creeping higher after the federal government and central bank created massive quantities of stimulus during the last year and a half. In Conger\u2019s opinion bitcoin is the only solution to this problem. Three days ago Conger <a href=\"https:\/\/twitter.com\/MayorConger\/status\/1415867969922605057?s=20\">tweeted<\/a>:<\/p>\n<p>Why do we accept inflation? Why don\u2019t we demand more from our federal government 6.3% in 2 years? 172.8% in my lifetime. Every year our dollar is worth less. There is no rebound. There is only 1 fix for this\u2026 Bitcoin.<\/p>\n<p><!-- growjs zone placement 31 -->    <!-- end of growjs zone placement --> <\/p>\n<h2>Scott Conger: \u2018Let Us Not Accept Any Inflation\u2019<\/h2>\n<p>In a recent <a href=\"https:\/\/www.nasdaq.com\/articles\/interview%3A-when-cities-embrace-bitcoin-with-mayor-scott-conger-2021-05-13\">interview<\/a>, Conger said he\u2019s been keeping an eye on Mayor Suarez of Miami and he believes bitcoin can benefit Jackson. Bitcoin is ideal for remote workers leveraging the city of Jackson and it could give the Tennessee city an edge. In another <a href=\"https:\/\/blockworks.co\/paying-property-taxes-in-crypto-jackson-tn-is-considering-it\/\">interview<\/a>, Conger mentioned inflation again and started looking at things priced in satoshis (the smallest denomination of bitcoin).<\/p>\n<p>\u201cIt really hit home once it was pointed out the price of lumber in dollars\u2026 massive inflation vs the price in [satoshis],\u201d Conger detailed. Conger is also known for <a href=\"https:\/\/twitter.com\/FinanceCarbon\/status\/1416050340961689605?s=20\">saying<\/a>:<\/p>\n<p>Let us not accept any inflation as well as the increasing carbon footprint.<\/p>\n<p>Conger has also initiated a task force dedicated to studying blockchain benefits and how payments with bitcoin can help bolster Jackson. \u201cOur blockchain task force is looking into how the city of Jackson TN can accept property tax payments in bitcoin and allow our employees to DCA in bitcoin,\u201d Conger <a href=\"https:\/\/twitter.com\/MayorConger\/status\/1415878004702580736?s=20\">tweeted<\/a> on Thursday.<\/p>\n<p>Earlier this year, Eric Adams also <a href=\"https:\/\/news.bitcoin.com\/mayoral-front-runner-new-york-city-bitcoin-center\/\">joins<\/a> Conger and Suarez as the New York City (NYC) mayoral candidate wants New York to be a bitcoin hub as well and \u201cthe center of all technology.\u201d Prior to Eric Adams, another NYC mayoral candidate, Andrew Yang, also promoted bitcoin during his campaigning in February. As far as Jackson, Tennessee, and Conger, he\u2019s following the footsteps of Suarez.<\/p>\n<p>\u201cI\u2019m taking pointers from Francis Suarez,\u201d Conger tweeted. \u201cIn the coming weeks I will be forming a Blockchain Task Force to explore how to best position the city of Jackson TN for the future,\u201d the mayor of Jackson added.<\/p>\n<p><em><strong>What do you think about the mayor of Jackson, Tennessee promoting bitcoin for his city? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nNews, Andrew Yang, Bitcoin, Bitcoin Centre, bitcoin hub, Blockchain Task Force, BTC, city of Jackson TN, eric adams, Francis Suarez, inflation, Jackson, Jackson Tennessee, mayor, miami mayor, NYC mayoral candidate, Property taxes, Tennessee, Tennessee Bitcoin, tennessee taxes<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jackson, Tennessee\u2019s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson\u2019s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with bitcoin. Jackson, Tennessee\u2019s Mayor Is a Fan of&hellip;<\/p>\n","protected":false},"author":0,"featured_media":9769,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-9768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9768"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=9768"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/9769"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=9768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=9768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=9768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}