Interesting story coming out of Vancouver. The city’s mayor wanted to invest in Bitcoin, but ran into a wall of municipal and provincial laws that prevent it from happening. Like, he had the plan, but Vancouver’s local legislation simply doesn’t allow that kind of move.

It’s kind of frustrating when you see a public official wanting to explore cryptocurrencies and the legal system blocks everything along the way. In Vancouver, apparently, the restrictions are quite strict. It’s not just the municipal law — the province also stepped in to block any possibility.

I just read about this and thought: how many other cities are in a similar situation? There must be quite a few mayors with similar ideas who are also stuck by the same legal limitations. Vancouver is just one more example of that.