Panama City Eyes Bold Move With Potential Bitcoin Reserve

CN
6 hours ago

Panama City might be on the verge of taking an important step in becoming a bitcoin pioneer. The mayor of Panama City, Mayer Mizrachi, has awoken speculation from part of the crypto community, with a cryptic post after meeting known bitcoin proponents Max Keiser and Stacy Herbert. In social media, Mizrachi assessed that this meeting was “only the beginning of great things to come,” after posting “Bitcoin Reserve” earlier. Keiser also referred to the meeting, stressing that the city might be gearing up to employ its hydroelectric resources to mine bitcoin. “El Salvador’s geothermal & Panama’s hydro-electric will power the Bitcoin revolution,” Keiser highlighted.

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