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Missouri Mayor to Airdrop $1,000 in Bitcoin to Cool Valley Residents

Godfrey Benjamin   Sep 29, 2021 08:30 2 Min Read


Residents of Cool Valley town in Missouri are well on their way to receiving a $1,000 cash gift, following the excess donations received in support of the initiative by Missouri Mayor, Jayson Stewart to fund households as a post-pandemic relief package. 

The cash gift represents amongst many other things Stewart’s positivity about the role Bitcoin and cryptocurrencies, in general, have come to play in offsetting the old standards of the world. An environmentalist at heart, Stewart is not bothered by the bad media relations surrounding the energy consumption demands of Bitcoin. According to him, the first-ever digital currency “given me a new way of thinking about humanity in the future.”

Adding; 

“It's given me a hope, and an optimism that we can overcome some of the worst parts of the system that we're born into, and actually create a future exactly how we want it to be. There's a certain level of hope and optimism that I get from Bitcoin.”

With the initiative initially designed to give out $500 to each household in the town, the public attention the program gathered attracted new funding that simultaneously increased the allocation per family. While the excitement amongst residents is imminent, those who choose to HODL their lot are bound to cash out more in the future if the price of Bitcoin grows from its current price of $41,245.

According to Mayor Stewart, a number of workshops will be organized for the eligible recipients of the fund in Cool Valley, with the primary aim targeted at bringing everyone up to speed about the fundamentals of cryptocurrency.

Besides Stewart, Miami Mayor Francis Suarez is also an adept fan of Bitcoin, and he has significantly transformed the city into an attractive Bitcoin hub through his initiatives. A number of aspiring Mayoral candidates including Andrew Yang are also making promises to make their respective cities a Bitcoin hotspot if they assume power.


Image source: Shutterstock

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