Santa Monica, a city in the US state of California, is opening up a little more to Bitcoin (BTC). In partnership with the Proof of Workforce Foundation, the city has launched an office dedicated to Bitcoin education and adoption. Through this office, Santa Monica hopes to create new opportunities, attract more investment and ensure the city’s digital boom. A first festival dedicated to Bitcoin (BTC) is being organized by the Bitcoin Office in Santa Monica on October 18.
A Bitcoin school in Santa Monica, California
The Bitcoin (BTC) revolution continues to seduce state players around the world. In the state of California, known for its fight against crypto scams it’s a city that’s taking a step towards Bitcoin technology. Santa Monica has set up an office dedicated to Bitcoin. A new section “Bitcoin Office” section has been added to the city’s website.
The Bitcoin Office from Santa Monica aims to provide training on the transformative potential of Bitcoin to the local community. This training should enable residents and businesses to Santa Monica to understand and adopt this innovative technology.
Santa Monica wants to become a Bitcoin hub and launches its festival
The Santa Monica Bitcoin Office’s ambition goes beyond Bitcoin education. Indeed, the Bitcoin Office also hopes to support the city’s economic recovery and develop new employment opportunities through the identification and facilitation of partnerships with the Bitcoin industry. These strategic collaborations will enable a resilient, forward-looking local economy to emerge, the city hopes.
By further positioning Santa Monica as Silicon Beach’s center for Bitcoin innovation, we strive to unlock new opportunities, attract investment to our community and ensure that our city thrives in the digital age.
As soon as implemented, the Bitcoin Office of the City of Santa Monica has taken action. The first Bitcoin Peer to Pier Festival has been announced for October 18, 2024 in Santa Monica.
In recent days, state actors and entities have adopted crypto-friendly postures in the USA. While Donald Trump’s campaign is multiplying its praise of crypto the U.S. SEC has sprung a surprise by approving ETF Bitcoin then Ethereum. It is undoubtedly this context of American openness to crypto that has stimulated Santa Monica’s pro-Bitcoin momentum.
I dream of a world where every citizen has total control over themselves, including their finances. I believe that Bitcoin is one of the tools that will achieve this revolution. Since 2019, I am learning about this cryptocurrency and spreading the word around.