The City of Santa Monica’s Bitcoin Office has announced a one-day Bitcoin open-source festival scheduled for October 18th, with the date subject to change. This event, in collaboration with the Proof of Workforce Foundation, aims to educate attendees on various aspects of Bitcoin, such as mining, investment, and its broader impact on the economy.
🎡 We are excited to learn about #Bitcoin Peer-to-Peer …⚡️⚡️⚡️
Please Join Us!
Follow @SMBitcoinOffice for official updates and more information soon…Dates subject to change pic.twitter.com/hcgCgQUOaf
— Santa Monica Bitcoin Office (@SMBitcoinOffice) August 9, 2024
Established last month following city council approval, the Santa Monica Bitcoin Office is committed to enlightening the local community about Bitcoin’s transformative potential. Alongside promoting Bitcoin partnerships to bolster economic growth and job creation in Santa Monica, the office serves as a vital hub for industry education and collaboration.
Through strategic alliances and positioning Santa Monica as a beacon of Bitcoin innovation, the city aims to attract investment and ensure economic resilience in the digital era. The upcoming festival serves as an integral part of this initiative, providing residents and businesses with an opportunity to stay informed about the latest Bitcoin developments.
NEW: Giant #Bitcoin symbol lit up on the Santa Monica Pier ferris wheel in California 🇺🇸
— Bitcoin Magazine (@BitcoinMagazine) July 11, 2024
However, the city and its partners emphasize that any conversations during the event do not constitute financial advice. The Santa Monica Bitcoin Office advises participants to conduct their own research and seek advice from financial professionals before making investment decisions. Moreover, in June 2023, Santa Monica firefighters made history by becoming the first union to purchase and hold Bitcoin through a collaboration with the Proof of Workforce Foundation.
