The mayor of the United States advocates using Bitcoin to solve the inflation problem

Scott Conger, the mayor of Jackson, Tennessee, recently tweeted that he believes Bitcoin can solve the inflation problem.

His tweet raised several questions to the U.S. federal government about U.S. inflation, and finally pointed out that Bitcoin may be a solution to inflation .

It’s no secret that the inflation rate in the United States has risen sharply in the past few years. Current forecasts show that the US inflation rate for the next two years is 6.35%. Mayor Conger also pointed out this on his Twitter.

Mayor Scott Conger wrote in a July 16 tweet, “Why should we accept inflation? Why don’t we ask the federal government for more? Inflation in 2 years is 6.3%. The inflation I have grown up to now is 172.8%. Our dollar has depreciated and has not rebounded. And now there is one thing that can fix it, and that is Bitcoin.”

The mayor of the United States advocates using Bitcoin to solve the inflation problem


Conger pointed out that in the 37 years since his birth, the inflation rate in the United States has been 172.8%.

The mayor called on citizens to make more demands to the federal government. He pointed out that over time, the value of the U.S. dollar will become lower and lower .

Belongs to Conger’s Blockchain Task Force. Conger is a millennial, and he is a staunch supporter of Bitcoin.

At the age of 35, Conger became the youngest mayor of Jackson, Tennessee, defeating his opponent Jerry Woods by more than 3,000 votes.

Mayor Conger has never hidden his support for digital assets. On April 8, Conger announced via Twitter that he would form a blockchain task force. He said this will help to explore how to better position the future of Jackson City .

On April 8, Mayor Scott Conger wrote in a tweet, “I got inspiration from @FrancisSuarez. In the next few weeks, I will form a blockchain working group to explore how to best Targeting the city of Jackson. #Crypto#cryptocurrency#Bitcoin”

Similarly, the mayor has also reached a cooperation with “Black Wall Street”. He is now talking about a photo with laser eyes as his personal profile on Twitter. Has become synonymous with Bitcoin staunch supporters.

Conger believes that digital assets will bring more opportunities and choices to his voters.

The mayor of the United States advocates using Bitcoin to solve the inflation problem


Conger quoted the previous words; “It is refreshing to hear governments discuss various financing methods. Except for “we want to increase your property tax” or “we will implement this fee.” “If we can find another way to do this, that’s what we have to do.”

Encouraging citizens to pay taxes in Bitcoin, Mayor Scott Conger further explained that his blockchain task force is currently working Study how to get the city to accept Bitcoin as a means of payment.

Obviously, the City of Jackson is studying how to enable their citizens to pay taxes in Bitcoin .

Mayor Scott Conger wrote in a July 16 tweet, “Our blockchain working group is studying how to allow the City of Jackson to accept taxes paid in Bitcoin and allow our employees to conduct Bitcoin decision curve analysis. “

So far, this call has received positive responses from the community. Users expressed their support for this proposal by retweeting the mayor’s tweet on Twitter.

Although some people are worried about fees, others have pointed out that at some point in the future, Bitcoin should be expanded to other cryptos.

Although there is still some way to go before the popularization of digital assets, more and more well-known figures are accepting digital assets in the encryption field .

If Mayor Conger succeeds in achieving this goal in his city, then many cities may follow suit.


The original text comes from bitcoinist, compiled and compiled by Blockchain Knight, the English copyright belongs to the original author, please contact the compiler for Chinese reprint.

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