Jackson, the eighth-largest city in the state of Tennessee, plans to allow its citizens to pay their property taxes in Bitcoin, Mayor Scott Conger announced Friday.
The city’s blockchain task force also wants employees to dollar-cost average the largest cryptocurrency.
In a separate tweet, the laser-eyed politician raised concerns about dollar debasement:
Why do we accept inflation? Why don’t we demand more from our federal government? 6.3% in 2 years. 172.8% in my lifetime. Every year our dollar is worthless.
In a recent interview with CNBC’s Sara Eisen, Treasury Secretary Janet Yellen predicted several months of “rapid inflation”:
We will have several more months of rapid inflation.
