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Interesting what happened in Vancouver. The mayor proposed that the city invest in Bitcoin, but the idea was blocked by both municipal authorities and provincial legislation. A typical situation where innovative ideas clash with the conservative charter of city governance and bureaucratic restrictions.
It turns out that even at the municipal level, cryptocurrencies face resistance. I understand both sides — on one hand, the risk; on the other, the potential opportunity for the city to diversify its assets. But it seems that in this case, caution prevailed.
What do you think, did the authorities act correctly? Or was this a missed opportunity for the city?