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What will be the primary reason for Detroit's crypto adoption by end of 2025?
2
Resolution / Starting Odds
Increased tax collection efficiency • 25%
Attracting tech-savvy residents • 25%
Reducing transaction costs • 25%
Other reasons • 25%
Statements from Detroit city officials or reports
Story
Detroit to Accept Bitcoin for Taxes and Fees in 2025, Managed by PayPal
Nov 7, 2024, 08:38 PM
Detroit, Michigan, has announced that it will start accepting Bitcoin and other cryptocurrencies for tax payments and city fees beginning in mid-2025. This move makes Detroit the largest U.S. city to embrace cryptocurrency for public payments. The initiative will be managed through a platform operated by PayPal. Detroit's Mayor Duggan expressed excitement about exploring blockchain's civic applications and highlighted the city's commitment to innovation.
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New York • 25%
Los Angeles • 25%
Miami • 25%
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Federal Government • 25%
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Solana • 25%
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Republican Party • 25%
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High returns • 25%
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Solana • 25%
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