London mayoral candidate wants to give every city resident £100 in cryptocurrency
Date: 2024-04-12 Author: Henry Casey Categories: IN WORLD
A London mayoral candidate is proposing to give city residents 100 British pounds in a new cryptocurrency token, LONDON, and has announced a plan to fund it through tax revenue from major banks.
Candidate's plan:
Brian Rose intends to implement his plan by providing funding through a one-off tax that will be 1% of the profits of London's major banks, creating a liquid pool of £1 billion.
The LONDON token will be widely used in the city's transport network, as well as to pay for parking spaces and other expenses, bringing many benefits to the city and its residents.
Candidate's statement:
Brian Rose stressed that the introduction of a new cryptocurrency token confirms the banking sector's readiness for change and calls for additional investment in the capital's economy, making London the world's first cryptocurrency city.
The system is designed to be accessible and understandable for both beginners and experienced participants in the cryptocurrency market, ensuring easy access and use of the token.
A similar case in Thailand:
In the past, Thailand's prime minister has promised to give every citizen 10,000 baht ($300) if he wins the election, highlighting his interest in popular support.
