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Ken Sim, Mayor of Vancouver: Bitcoin is the best performing asset in the last 16 years. It's better than gold. It won't be seized by military force. It could make Vancouver a world leader in bitcoin innovation.
Vancouver passed a bill to become a "bitcoin-friendly city". Ken Sim, Vancouver's mayor, said at a city council meeting on December 11 that "we face affordability challenges and I firmly believe that bitcoin can solve our challenges, both financially and affordability." Vancouver Mayor Ken Sim has urged the city council to explore integrating bitcoin into municipal finance strategies, highlighting the potential of cryptocurrencies to enhance financial stability in a volatile fiat market. On Dece...
Vancouver Mayor Ken Sim has urged the city council to explore the integration of bitcoin into municipal finance strategies, emphasizing the potential of cryptocurrencies to enhance financial stability in a volatile fiat market. At the Dec. 11 meeting of the city council, Sim introduced a bill entitled "Maintaining the City's Purchasing Power by Diversifying Financial Reserves - Becoming a Bitcoin Friendly City", arguing that Bitcoin has built a "good reputation" over its 16-year history as a saf...
Ken Sim, mayor of Vancouver since 2022, has announced that the Canadian city of Vancouver plans to add bitcoin to its balance sheet as part of its investment diversification efforts. At the Vancouver City Council meeting on November 26, Mayor Sim submitted a notice of motion, scheduled to be introduced on December 11, titled "Maintaining the City's Purchase through Diversification of Financial Resources."
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