"Look, it’s digital gold," Mayor Stewart told local news outlet KDSK, citing one of the most common phrases used by Bitcoin advocates. "I would like to see every single household in my city receive some level of Bitcoin, whether it be $500 or $1,000.
Mayor Stewart hopes to launch his Bitcoin project by the end of the year, and is eyeing a number of potential sources to fund it.
"I have some very supportive donors who have agreed to match any money that I raise up to several millions of dollars. I’m trying to get a few government funds to go along with that. Or potentially some of the relief money that comes in from the Covid relief," he said.
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