Austin City Council passed two resolutions Thursday that call on the city manager to study the adoption and use of crypto by the city and foster the local Web3 and blockchain environment.
During public comment, multiple people spoke against and in support of the resolutions put forth by Mayor Steve Adler and Council Member Mackenzie Kelly.
Groups like ATX DAO shared excitement on council’s actions, sharing an optimistic outlook for what crypto could be used for, like serving unhoused people. They also noted some caution over the volatility of crypto.
“We ask city council and the city manager not be taken by the excitement of the industry and the blockchain technology and rush into different projects that may not be beneficial for the city at the end of the day,” Sam Padilla, a member of the DAO said.
DAO representatives @CrystalGravy2 @theSamPadilla and @realitycrafter showed up for today's Austin City Council Meeting to give public comment in support of resolutions 55 + 57. \n\nATX DAO is glad to offer support to any city projects or investigations into the web3 space.pic.twitter.com/8zzIEQVyNz— ATX DAO (@ATX DAO) 1648144570
Others like the Austin Justice Coalition opposed it, backing statements from others that there are bigger priorities for the city to focus on.
During a Tuesday work session, some city council members expressed hesitancy. Council Member Kathie Tovo called for the study of energy consumption and environmental impacts brought by the technology.
Researchers have found Bitcoin consumes more than 121 terawatt-hours a year and some Central Texas Bitcoin miners halted major energy use earlier this year amid concerns of grid stability during winter storms.
Mayor Pro Tem Alison Alter also noted there’s some basic technology they haven’t mastered like electronic timesheets.
“I do worry about us going too far into blockchain and these fancy things when we have some real basic technology challenges that we need to be focusing our energy on,” Alter said.
- An Austin group is exploring new territories in crypto by providing ... ›
- Austin's Outdoor Voices' Ty Haney starts blockchain, crypto business ... ›
- Austin crypto, nfts, bitcoin billboards set to reach worldwide - austonia ›
- Crypto leaders are trying to teach Texas politicians - austonia ›
- Austin leads in Texas crypto job market - austonia ›
- A guide to investing in cryptocurrency in austin - austonia ›
- Crypto-curious? Here's Austonia's mini-guide to getting started in ... ›
- Local investors create ATX DAO, where crypto meets community ... ›
- In Austin, crypto charity donations are off to a slow start - austonia ›
- Austin announces crypto-friendly initiatives ahead of SXSW - austonia ›
- Difficulties in incorporating crypto in Austin: risk, inclusion, energy - austonia ›
- Austin named one of the highest paying for a crypto career - austonia ›
- Metaverse expands with launch of White Sands Game - austonia ›
Austin FC head coach Josh Wolff is here to stay as the Club announced he signed a three-year contract extension.
Wolff, who was previously an assistant coach for the U.S. Men's National Team, will coach Austin FC through the end of 2025 under the new contract.
Wolff has been the Austin FC head coach since November 2019. In the team's first year, some hoped to oust Wolff as the team was at the bottom of the Western Conference. But this year, the team is at the top, ranking No. 3.
“This is still a young, growing Club but seeing our vision for Austin FC come to life on and off the field has been one of the great honors of my career. My staff and I will keep working every day to represent the city, and to develop our team both competitively and as human beings. The best is yet to come," Wolff said.
Austin police are investigating the killing of Moriah "Mo" Wilson after she was found with gunshot wounds inside an East Austin home.
Wilson, a gravel and mountain bike racer, was visiting Austin from Colorado in preparation for the Gravel Locos race on Saturday taking place in Hico, a small town 2 hours from Austin.
On Wednesday, her roommate came home and found Wilson unresponsive with "a lot of blood near her,” police said, on Maple Avenue near East 17th Street. Officers and EMS performed life-saving measures before she was declared deceased at 10:10 p.m.
The Travis County Medical Examiner's office conducted an autopsy and determined the official cause of death to be multiple gunshot wounds, and the manner of death was a homicide. It is being investigated as a suspicious death and as of Saturday, police said they have a person of interest.
Wilson, 25, recently had become a full-time biker after winning a slew of races in the past year.
This story was updated on May 15 to include that police have determined a person of interest.