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Jackson, Tennessee Mayor Scott Conger is Sold on BTC

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Jackson, Tennessee Mayor Scott Conger is Sold on BTC

Jackson, Tennessee’s 37-year-old mayor, Scott Conger, took to Twitter on Friday to tweet several developments in his ongoing mission to make Jackson a BTC-friendly city. 

Conger said that a blockchain task force he formed has discussed accepting property tax payments in BTC and allowing the city’s employees to invest in BTC through dollar-cost averaging—where investors buy BTC periodically to negate its volatility. 

The mayor, who two years ago became the youngest elected mayor in Jackson’s history, also said that BTC can solve America’s creeping inflation rates.

Conger tweeted: “Why do we accept inflation? Why don’t 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.. #BTC.”

Conger has been sold on BTC for a while. He’s added laser eyes to his profile picture to signal his prediction that BTC will rise to $100,000. And on April 8, he tweeted that he’d met with Miami’s BTC bull mayor, Francis Suarez, to work out how to integrate cryptocurrencies into Jackson’s economy. 

Conger told Blockworks that Mayor Suarez got him interested in using BTC in cities. “It really hit home once it was pointed out the price of lumber in dollars — massive inflation — vs the price in Sats [a tiny denomination of Bitcoin],” he said. Lumber, he concluded, would be cheaper if bought with BTC.

Conger also told Blockworks that he hopes Jackson becomes a hub for crypto mining operations in the future. With Francis Suarez offering exiled Chinese crypto miners refuge in the city and a slice of Dade County’s nuclear power, Conger will have to raise the bar.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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