The mayor of Jackson, the eighth largest city in the state of Tennessee, revealed on Friday that plans are underway to allow citizens to pay their property taxes in.
In a series of tweets, Mayor Scott Conger said that a blockchain task force is working to turn the flagship coin into a tax payment option. Additionally, the task force wants employees to have an average dollar cost of Bitcoin.
Our blockchain task force is investigating how @CityofJacksonTN can accept property tax payments in #bitcoin and allow our DCA employees in Bitcoin.
– Mayor Scott Conger (@MayorConger) July 16, 2021
The mayor is determined to turn Jackson into a major cryptocurrency hub. In April, Conger announced that a blockchain task force had been created for the city. He also pointed to the incoming industrial revolution that could be started by the adoption of Bitcoin.
I am taking suggestions from @FrancisSuarez. In the next few weeks I will be forming a Block Chain Working Group to explore how to better position @CityofJacksonTN for the future. #Crypto #cryptocurrency #Bitcoin
– Mayor Scott Conger (@MayorConger) April 8, 2021
Meanwhile, in a separate tweet, Conger expressed concern about the debasing of the dollar. He said:
Why do we accept inflation? Why don’t we demand more from our federal government? 6.3% in 2 years. 172.8% in my life. Every year our dollar is worthless.
Conger is arguably emulating in the footsteps of Francis Suárez, the mayor of Miami, who pushed for a similar proposal earlier this year.
Speaking of inflation, in a recent appearance on CNBC, Treasury Secretary Janet Yellen said there could still be several months of “rapid inflation.”
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