Austin Mayor Proposes Bitcoin to be Accepted for Payments for Taxes, Fees, Penalties

Steve Adler - the mayor of Austin, Texas - proposed two initiatives to make the city a world leader in crypto space. The first involves further promotion of blockchain technology and the benefits of Web3, while the second is based on adopting Bitcoin as a payment method.

According to a recent statement, the Austin mayor - Steve Adler - wants to use new technologies and innovations to improve government processes and better serve the Austinites. For example, he focuses on blockchain technology and cryptocurrency.

In addition to being the backbone of the digital asset industry, there are other potential uses for the blockchain, both private and public, the politician said. In his view, the technology could be used to create innovative solutions to introduce homeless people or other people struggling with social problems.