The mayor of Cool Valley, Missouri, wants to give every resident of his city $1,000 in BTC, but at onecondition.
Mayor Jason Stewart plans to distribute $ 1,000 in Bitcoin to all 1,500 residents of the city, but only on the condition that they will not sell it, but will hold for at least five years. Stewart stated:
Bitcoins cannot be touched for a certain time.People will not be able to do anything with them for five years. Imagine how sorry they would be if they now spent this bitcoin on gasoline, and in five years their assets were worth $ 500,000.
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Based on materialsdecrypt.co
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