• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Californian City Santa Monica Opens Dedicated Bitcoin Education Office

July 11, 2024
in Australian Crypto News
Reading Time: 4min read
0 0
A A
0
Californian City Santa Monica Opens Dedicated Bitcoin Education Office
0
SHARES
8
VIEWS
ShareShareShareShareShare
  • Santa Monica partners with Proof of Workforce to launch a Bitcoin education office aimed at enhancing local economic and workforce development.
  • The initiative includes educating locals on Bitcoin, fostering economic partnerships, and potentially boosting tourism through a Bitcoin conference.

Ah, California – Hollywood, the Golden Gate Bridge, Redwood and Sequoia forests, and the Napa Valley wines.

Related: Aussie Analyst Miles Deutscher on Crypto Trends: Evaluating the Potential 2024 Cycle Top and Market Bottom

But the most populous state of the United States also has something that most don’t: a Bitcoin education office. That’s right, the City of Santa Monica just announced that it’s living up to its “legacy as Silicon Beach”.

Santa Monica continues to lead in innovation, living up to our legacy as Silicon Beach. Last night the City Council moved forward with a partnership with @workforcebtc to educate the community about #Bitcoin and seek opportunities for economic benefits. More details to come. pic.twitter.com/17YKwr1423

— City of Santa Monica (@santamonicacity) July 10, 2024

Proof of Workforce and Santa Monica Partner in Bitcoin Venture

The coastal city west of downtown Los Angeles, with the famous Santa Monica Pier, has partnered with nonprofit Proof of Workforce to establish an education space that’s all about Bitcoin. Naturally, many in the crypto community cheered the move, with many users on X saying the move was a win for the city.

The Santa Monica city council voted all in favour of the initiative, which is said to come at no cost to the city, thanks to Proof of Workforce.

Proof of Workforce says it aims to educate and help the workforce adopt Bitcoin by “providing educational resources and adoption models for workers to bring to their unions and workplace”.

Office to Bring Education and Career Opportunities

According to a report by the city council, the Bitcoin office will aim to educate the local workforce, residents, students and businesses on Bitcoin.

Source: Santa Monica City

It also wants to “identify and facilitate Bitcoin initiatives/partnerships that support Santa Monica’s economic recovery and cultivate economic growth”, and host a Bitcoin conference which eventually could benefit tourism.

Related: Australian Lawyers Warn Celebrities of SEC Action for Unlicensed Sale of Memecoins on Solana

Further, it aims to find career opportunities for locals and potentially get into the Bitcoin mining business.

And the deputy city chief is totally on board with the whole thing, with Vice Mayor Lana Negrete saying,

As we embark on a journey to learn Bitcoin in Santa Monica, I’m excited to see the following ideas. Bitcoin is for everyone!

Lana Negrete, Santa Monica Vice Mayor

Interestingly, the Santa Monica firefighter union is the first ever union in the country to self-custody BTC. Dom Bei, a local firefighter who fully embraced Bitcoin, is also the creator of Proof of Workforce. He told Forbes in an interview how uniquely positioned firefighters are in changing the narrative.

A retired fire chief I know used to say that the best part about being a firefighter is we get the opportunity to change the way the story ends.

Dom Bei


Credit: Source link

ShareTweetSendPinShare
Previous Post

EOS Network Foundation Updates Community on Spring 1.0 Progress

Next Post

Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets

Next Post
Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets

Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets

You might also like

Did Quantum Computing Fears Crash Bitcoin? NYDIG Says No

Analyst Says Bitcoin $200,000 Target Remains Open, But There’s A More Realistic Target

March 7, 2026
Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack

Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack

March 9, 2026
Bitcoin May Sink To $50K, Standard Chartered’s Kendrick Warns

Bitcoin May Sink To $50K, Standard Chartered’s Kendrick Warns

March 11, 2026
Understanding the Role and Capabilities of AI Agents

LangChain Gives AI Agents Control Over Their Own Memory Management

March 12, 2026
Perplexity AI Predicts the Price of XRP, Solana and Shiba Inu by The End of 2026

Perplexity AI Predicts the Price of XRP, Solana and Shiba Inu by The End of 2026

March 6, 2026
Exclusive: Yuliya Barabash Says the Biggest Winners of Crypto’ Next Cycle May Be the Most Regulated

Exclusive: Yuliya Barabash Says the Biggest Winners of Crypto’ Next Cycle May Be the Most Regulated

March 5, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Understanding the Role and Capabilities of AI Agents

LangChain Gives AI Agents Control Over Their Own Memory Management

March 12, 2026
TVL Spikes 23% In Less Than Two Weeks

TVL Spikes 23% In Less Than Two Weeks

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.