Jersey City Mayor: Jersey City will allocate 1% of its retirement fund to purchase bitcoin ETF.
Mayor Steven Fulop of Jersey City, USA, announced that the city will allocate a certain percentage of the retirement fund to purchase cryptos. He stated on social media X that he supports cryptos in the long term, regardless of market fluctuations, and believes that blockchain technology is one of the most important technological innovations since the advent of the internet.
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かりん投资くん : is it making traders huge amount of money or is it a scheme making vastly many more other people who try to jump and pump the value high and end up losing the majority of their capital when the "traders" cash out and dump the value down to almost nothing?