{"id":53929,"date":"2024-12-12T19:46:05","date_gmt":"2024-12-12T19:46:05","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/12\/predicting-trump-rush-vancouver-to-get-ahead-on-bitcoin\/"},"modified":"2024-12-12T19:46:05","modified_gmt":"2024-12-12T19:46:05","slug":"predicting-trump-rush-vancouver-to-get-ahead-on-bitcoin","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/12\/predicting-trump-rush-vancouver-to-get-ahead-on-bitcoin\/","title":{"rendered":"Predicting Trump rush, Vancouver to \u2018get ahead\u2019 on bitcoin"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n<h2 class=\"visually-hidden\">Article content<\/h2>\n<p data-async=\"\">Vancouver adopted a policy that could lead to it using bitcoin in city finances \u2014 prompted in part by the return of U.S. president-elect Donald Trump.<\/p>\n<\/div>\n<div id=\"\">\n<p>Article content<\/p>\n<p>The motion to become a \u201cbitcoin-friendly city\u201d and explore its possible municipal use was passed Wednesday by Vancouver city council.<\/p>\n<p>\u201cI wanted to do it for a while,\u201d Vancouver Mayor Ken Sim said in a phone interview Tuesday, prior to the council vote. \u201cI didn\u2019t think the public was ready to have the conversation.\u201d<\/p>\n<\/div>\n<div id=\"\">\n<p>Article content<\/p>\n<p data-async=\"\">The west coast city\u2019s mayor decided to be more vocal about the cryptocurrency because \u201call of a sudden, with what happened in the States, you have a bunch of other nation-states and provinces and states all showing an indication that they\u2019re going to do this as well,\u201d Sim said. \u201cAnd we want to get ahead of it.\u201d<\/p>\n<p>Since announcing the motion in late November, Sim has come out as an ardent bitcoin believer, calling it \u201cthe greatest invention ever in human history\u201d and stating that conventional fiat currency is \u201cgoing to zero.\u201d<\/p>\n<section aria-labelledby=\"moreTopicLabel8553951733643420754031086141440000\" class=\"more-topic\" data-aqa=\"embed-more-topic\" data-carousel-component=\"\" data-carousel-icon-button=\"\" data-carousel-type=\"list\">\n<p>Recommended from Editorial<\/p>\n<p><button aria-hidden=\"true\" class=\"more-topic__button-prev\" data-carousel-prev=\"\" tabindex=\"-1\" title=\"previous\" type=\"button\"\/><\/p>\n<ol class=\"more-topic__items list-unstyled\" data-carousel-slide-list=\"\" tabindex=\"0\">\n<li data-evt-val=\"{\" control_fields=\"\" considers=\"\" integrating=\"\" bitcoin=\"\" into=\"\" city=\"\" finances=\"\" data-carousel-item=\"\" data-evt=\"click\" data-evt-typ=\"click\"> <picture class=\"more-topic__item-image\"><\/picture>\n<p><span class=\"more-topic__item-text-clamp\">Vancouver considers integrating bitcoin into city finances<\/span><\/p>\n<\/li>\n<li data-evt-val=\"{\" control_fields=\"\" breaks=\"\" on=\"\" trump=\"\" pro-crypto=\"\" pick=\"\" data-carousel-item=\"\" data-evt=\"click\" data-evt-typ=\"click\"> <picture class=\"more-topic__item-image\"><img decoding=\"async\" alt=\"Bitcoin rose as much as 6.1 per cent to US$103,801 on Thursday. \" data-src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/12\/bitcoin-1205-ph.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=XMpKUmKJpe7gUjMaFXr7vw\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/12\/bitcoin-1205-ph.jpg?h=96&amp;strip=all&amp;quality=5&amp;sig=3La744b0AUyLqEEKwXDBYQ\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/12\/bitcoin-1205-ph.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=XMpKUmKJpe7gUjMaFXr7vw, https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/12\/bitcoin-1205-ph.jpg?h=192&amp;strip=all&amp;quality=80&amp;sig=roPNd78Waj7pobb5tP8LhA 2x,&#10;                                             https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/12\/bitcoin-1205-ph.jpg?h=288&amp;strip=all&amp;quality=80&amp;sig=cUMFR4pyeuZ0hWap2PtG_Q 3x\" class=\"lazyload\" height=\"96\" loading=\"lazy\" width=\"96\"\/><\/picture>\n<p><span class=\"more-topic__item-text-clamp\">Bitcoin breaks $100,000 on Trump\u2019s pro-crypto pick<\/span><\/p>\n<\/li>\n<\/ol>\n<p><button aria-hidden=\"true\" class=\"more-topic__button-next\" data-carousel-next=\"\" tabindex=\"-1\" title=\"next\" type=\"button\"\/><\/section>\n<p>He believes bitcoin is \u201cpotentially\u201d valued at a fraction of its future worth, though he stressed he\u2019s not qualified to give investment advice. Bitcoin traded at about US$101,345 as of 6:27 p.m. in New York on Wednesday.<\/p>\n<p data-async=\"\">Bloomberg.com<\/p>\n<\/div>\n<div id=\"\">\n<p>Share this article in your social network<\/p>\n<\/div>\n\n<br \/>Predicting Trump rush, Vancouver to \u2018get ahead\u2019 on bitcoin<\/a><br \/>\n<br \/>2024-12-12 19:46:05<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article content Vancouver adopted a policy that could lead to it using bitcoin in city finances \u2014 prompted in part by the return of U.S. president-elect Donald Trump. Article content&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":{"0":"post-53929","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=53929"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53930"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}