California Is Working Towards Embracing Bitcoin
According to a press release sent to Bitcoin Magazine, an Office of California Assembly Member, Republican Phillip Chen, has appointed Proof of Workforce, a Santa Monica-based non-profit helping workers, unions, pensions, and municipalities with education-based Bitcoin adoption, to work on a variety of Bitcoin related initiatives and help with drafting an official bill for an upcoming legislative session.
As to where and how Bitcoin and digital assets get into the trajectory of California, much is undetermined, said Chen. What is certain is that this industry is growing in adoption everyday, with Bitcoin serving as a global network and asset, representing 2 trillion dollars in value. Therefore, its important we take a meaningful look into its role in our great state of California.
Proof of Workforce, led by its founder Dom Bei, will be advising Chens policy team, working on education and community engagement, and researching how Bitcoin can support and rebuild Californias infrastructure and communities.
Bitcoins Genesis story has deep roots in California, commented Bei. A huge part of that Genesis Story is an innovative network, designed to protect the time, energy, and value of everyday, working people. Bitcoin isnt partisan, it's uniquely Californian.
This isnt Proof of Workforces first time helping onboard governments in California to Bitcoin. Last summer, Proof of Workforce partnered with the City of Santa Monica to open an official Bitcoin office. Since opening, the office has seen an overwhelming amount of interest, according to the citys Mayor Lana Negrete. Santa Monicas City Manager has also stated that other cities have reached out to learn more about their Bitcoin endeavors.
JUST IN: Santa Monica City Manager says "several other cities have reached out to learn more" about their official #Bitcoin Office
Bitcoin Magazine (@BitcoinMagazine) October 9, 2024
"The Bitcoin Office has seen significant interest from the public" pic.twitter.com/ortfFTCx1S
Mass adoption starts with initiatives like this. Bitcoin adoption within Californias government is beginning and with the United States embracing Bitcoin under President Trump, it is very likely that the adoption of this asset within the state government will continue over the coming years.
Over the years Ive watched Dom Bei and Proof of Workforce onboard Careers in Government, firefighter unions in America, El Salvador, and Africa, workers, and more to Bitcoin. Theyre doing it right by helping these organizations buy and hold their own bitcoin keys, making sure theyre all properly educated on not just bitcoin the asset but Bitcoin the network as well. One by one, Proof of Workforce is making real change that impacts peoples daily lives.
If you are not following Bei and Proof of Workforce on X, you should be. After talking with Dom personally, they are working on a lot of exciting initiatives that youll want to hear about stay tuned.
This article is a Take. Opinions expressed are entirely the author's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
Read more: https://bitcoinmagazine.com/takes/california-is-working-towards-embracing-bitcoin
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