Missouri mayor suggests giving residents up to $1K in Bitcoin

Cointelegraph

Published Aug 20, 2021 05:33PM ET

Updated Aug 22, 2021 08:00PM ET

The mayor of Cool Valley, Missouri said he was exploring giving more than $1 million in Bitcoin (BTC) to the city’s 1,500 residents.

In a Thursday interview with St. Louis news outlet KSDK, Mayor Jayson Stewart said he wanted to see “every single household in my city receive some level of Bitcoin.” Stewart said the funds would likely come from some “very supportive donors” but did not rule out using money from the government’s pandemic relief response to launch the venture.

Continue Reading on Coin Telegraph