When Cities Embrace Bitcoin w/ Mayor Scott Conger - Bitcoin Magazine Podcast

On this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with the mayor of Jackson, Tennessee Scott Conger to discuss his recent interest in Bitcoin. Conger has been the mayor of Jackson for a few years now and is actually the third person in his family to serve in this role. Conger has a very long-term commitment to the community in Jackson and wants to see the best for his city. He sees Bitcoin as an ideal way for his city to secure its financial future as well as to encourage young remote tech workers to lay down roots in Jackson.

The COVID-19 pandemic and remote work have revealed a massive opportunity for small- to medium-sized cities to compete for tech talent and work when they used to be crushed by the major tech hubs, like San Francisco and New York. Conger has been watching Mayor Suarez of Miami closely and taken the cue from him to dive into how embracing Bitcoin can help his city be more competitive.

Keroles and Conger reflected on how bitcoin has been relatively de-risked and how Conger’s education into Bitcoin taught him more about what is wrong with the current system.

Please enjoy this wide-ranging conversation Mayor Scott Conger!

And if you want to read more about Mayor Conger and Jackson, Tennessee, read about his Bitcoin journey in Bitcoin Magazine: https://bitcoinmagazine.com/culture/meet-the-tennessee-mayor-whos-ready-to-embrace-bitcoin

Timestamps:

0:00 - 5:02 Intro
5:02 - 6:42 Mayor Conger tells his story
6:42 - 8:24 Mayor Conger's family legacy
8:24 - 9:25 Introduction to Jackson Tennessee
9:25 - 12:21 How Mayor Conger discovered bitcoin
12:21 - 16:04 How the perception of bitcoin adoption has changed
16:12 - 17:38 The impact of financial independence on Jackson
17:38 - 18:09 The dollar doesn't work for savings anymore
18:09 - 19:34 Why is the inflation of the dollar bad for America?
19:34 - 21:26 Jackson taking a leveraged long position in bitcoin via mining
21:26 - 23:04 What is Jackson doing today to prepare for the future?
23:04 - 24:38 What about bitcoin attracted Mayor Conger?
24:38 - 26:41 Making Jackson more competitive
26:41 - 28:11 Is the competition for talent a good thing?
28:11 - 28:54 The Sovereign Individual
28:54 - 30:36 The most interesting conversations since Mayor Conger has started this initiative
30:36 - 33:13 What do people get most wrong about bitcoin?
33:13 - 34:58 The misconceptions around pow
34:58 - 36:34 Bitcoin challenges conventional wisdom
36:34 - 40:07 Closing comments

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