Proof of Workforce
summary
Santa Monica Firefighters put Bitcoin on their balance sheet June 3, 2023, buying a token-per-member to get off zero and teach custody, winning 89% membership approval. The campaign emphasizes self-custody, organizes as a nonprofit (Proof of Workforce), and helps unions, trustees and pension boards adopt bitcoin — citing ~15 million US union members, $29B union assets and $6T in US public pensions. Outcomes: local municipal Bitcoin office launched, several fire unions and a Houston pension CIO add bitcoin to reserves.
AI-written summary · about
chapters (11)
- 0:00Introduction
- 1:27Trading time for money
- 3:13Pension funds and traditional finance
- 5:41Money hierarchy and Bitcoin’s role
- 7:07Bitcoin for workers
- 8:30Bitcoin in unions
- 9:53Union Bitcoin adoption
- 11:19Why union Bitcoin matters
- 12:22Proof of Workforce mission
- 14:11Orange-pilling community
- 15:12Future plans and call
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