The Northwest Arkansas Council is willing to give $10K worth of BTC to tech professionals and entrepreneurs who move to live in the region.
The Northwest Arkansas Council has stepped into the world of crypto by giving away $10K worth of bitcoin to professional workers. The only condition: they have to settle in the region.Northwest Arkansas is widely regarded as one of the top places to live in the United States due to its job opportunities and low cost of living. Despite its advantages, the region consists of mere 540,000 inhabitants.a cryptocurrency program.
“We’re offering remote tech professionals and entrepreneurs $10,000 in bitcoin to bring your talents to the region. Why bitcoin? Northwest Arkansas is experiencing explosive growth in the tech sector, specifically within blockchain-enabled technologies, and this incentive embraces the growing trend of cryptocurrency as a payment option by employers.”
It is worth noting that people could still choose to receive the $10,000 in cash instead of in the form of bitcoin. In addition, the authorities would also give away a mountain bicycle to those willing to call Northwest Arkansas their new home. The bike would help the newcomers as the area consists of hundreds of miles of biking trails that have made outdoor enthusiasts flock to this part of America.
intentions to give each of the town’s 1,500 residents either $500 or $1,000 worth of bitcoin. The politician, who called cryptocurrencies “digital gold,” opined that the asset class could transform the lives of the inhabitants and make them wealthy.“I have friends whose lives have been completely changed, like going from working a regular nine to five job to being worth over 80 million dollars in a matter of a few years,” Stewart said at the time.
Nonetheless, his cryptocurrency plan came with a catch as recipients would not be able to sell the BTC for five years. Thus, residents would benefit the most as the price of the leading digital asset might hit “half a million dollars” by then, the mayor said.
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