Santa Monica Firefighter Tells Anthony Pompliano Why His Union Is Investing In Bitcoin
Portfolio Pulse from Mehab Qureshi
The Santa Monica firefighters union in California has decided to invest in and self-custody Bitcoin (BTC), with 113 members making up the union. The decision came after a one-time assessment to explore Bitcoin's potential. Union member Dom Bei sees Bitcoin as the 'new gold' and believes other unions will follow suit.
June 12, 2023 | 11:15 am
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POSITIVE IMPACT
Santa Monica firefighters union's investment in Bitcoin may inspire other unions to explore the cryptocurrency's potential benefits.
The Santa Monica firefighters union's decision to invest in Bitcoin may have a positive short-term impact on the cryptocurrency's price, as it could inspire other unions to explore the potential benefits of investing in Bitcoin. This increased interest and potential adoption by other unions could lead to increased demand and a positive price movement.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100