Cities could lead on Bitcoin adoption, says Tennessee mayor

Scott Conger, the Mayor of Jackson, Tennessee said the city is looking into giving its employees the option to be paid in cryptocurrency as well as mining Bitcoin.

He tweeted: “What does the future of cryptocurrency look like for the city of Jackson? We're exploring payroll conversions for our employees. Even more exciting - we're seriously exploring mining Bitcoin to add to our balance sheet.”

Conger is following the lead of Miami Mayor Francis Suarez who has pledged to turn Miami into a hub for crypto-innovation. Alongside seeking to draw Bitcoin companies to the area, Suarez has floated the idea of paying city employees and investing treasury in the cryptocurrency. City commissioner...