Looking at the fuzzy map, you can see an area where every inhabitant could get $1k in Bitcoin. This is the PR I like to hear lately. The Maire of this little city is considering the move as long he can get the funds. I guess Mr. Jayson Stewart is a hodler himself to think outside the box. Cool initiative more folks could apply and see how far it will get.
You could probably ask, how many people live in that city of Cool Valley. Google states around 1100 but now it is around 1500. So the Maire needs to secure $1.5 million to get to that goal. In BTC now it is 30.77 bitcoins for the whole city. I think he will get to that mark. Let's hope BTC stays within #48k.
This is the easiest way to get people to jump into crypto. His plan is something worth noting since they cannot cash out maybe after 5 years. That way the Maire will stay in power and push his plan further. The biggest issue with crypto now is education. This is part of his plan as well. More people feel comfortable to use crypto, more you can see the city embraces the true character of digital currency. I will take this as a pilot city to build wealth.
Let's say he gets the funds and got it locked up for five years. In the meantime BTC is appreciating to a point of reaching $100k. You can see how much this Maire will try to have other small cities to duplicate his action. Inflation is a problem. Whoever is selling their house in Cool Valley could be selling their crypto as well. The housing market in that city will be prime.
So much can be adjacency to having crypto in the city balance sheet. Better pay for anyone in the city budget. I know life is not that rose everyday. Crypto can only go so far. The main idea for the city is the information part where people will learn to live with what they have. This is a pivotal point with crypto, eliminate the burden of unwanted credit to live within your means.
While you could hear others bashing crypto for other forms of assets, crypto nowadays can take care of itself. Even Coinbase is playing the game to entice folks to join the crypto freedom by investing a portion of their profit in crypto. I hope they continue to promote these lines with that 10% they claim. All these PR only works if you are holding cryptos.
I guess September is going to be a fun month for crypto while August is riding left over from July.
I like to keep it positive knowing any swing within 5% can change how the prospectus insight. After all investments are all about risk. You take it knowing you can lose everything. Always invest what you can afford to put away for a while. Many have done so and they are laughing to the blockchain.
Hive is telling us something today. The price relative to Bitcoin is still the same. Try to forget about the dollar and you understand the end result. I can see clearly why holding a token you care for mean a lot. The whole ecosystem stands for something greater than all of us.
The Maire has friends in high places supporting his plan for the whole city. I can say the same for Hive. The community is doing the same supporting everyone acting at unison.
If you think in dollar you may find it hard to purchase Hive lately. Great reason to balance your spreadsheet and see why crypto is the way. The Maire got the picture and he is telling us his story.
Success belongs to those who put hands together. Can your city pull that PR ?
I was looking for my city and unfortunately I cannot find it. Short story I found my city but where I live, it is unincorporated area. This is the reason some of the service I need I have to go to the county place not the city itself. So something like that may never happen for me. At least in 2021. This is how the South and I heard some portion of Canada operates.
I guess anyone able to pull that feat should do it and see how holding crypto for 5 years can do.
I am holding my Hive till I can't. Five years are peanut in Financial matters. Inflation is telling us one way story and it is about to get bumpy. Holding crypto during that time will help to sustain the hit that is about to come hard. So far let's wait for September.
Keep vesting or take profit if you are holding since ever.
Start planning for HPUD by now, it is only 11 days away.
