Jackson, Tennessee, is the last city in the United States to move to bitcoin (BTC) settlement and mining after the recent cryptocurrency in Florida.
Jackson Mayor Scott Conger said Wednesday that the city is actively exploring the possibility of paying its employees in cryptocurrency and bitcoin mining and adding it to the city’s balance sheet. The mayor quoted coins such as Bitcoin, Ether (ETH) and Litecoin (LTC), noting that the city seeks to recover from a wide range of digital assets.
“Local governments will approve #Bitcoin and launch a new industrial revolution with a stable economy. This will help bridge the wealth gap,” Mayor Konger said on Twitter on Thursday.
The latest announcement came shortly after Mayor Conger joined the crypto-community’s “laser-eye” flash group after replacing an image of his Twitter page with a laser eye earlier this week. The trend toward laser-coded eyes came in February, when industry leaders and users swapped images of their Twitter pages with laser eyes to support the sharp rise in the price of bitcoin.
The mayor’s move was suggested by Miami Mayor Francis Suarez, who supports a major initiative to force Miami citizens to pay taxes and pay with bitcoins. The city council has already supported the decision to investigate bitcoins as an investment of the municipal fund. In April, the Miami-Dade County Commissioner backed a similar tax decision.
“I’m just following your instructions,” Jackson said, supporting Mayor Suarez’s move to cryptocurrency.