The police chief in USA will receive their salaries in Bitcoins

The police chief of a small American town Vicco, Kentucky, will receive their salaries in Bitcoins. Tony Vaughn appeared before the city commission last month to officially request that his salary be paid to him in Bitcoin. Vaughn said he first learned about bitcoin three months ago through his son, and became convinced virtual currencies are the future.

Commissioner of the city Claude Branson said there doesn’t seem to be any logistical or legal issues to paying Vaughn in Bitcoin. «We done a checkup on it, and that’s the way he wants paid, and that’s the way the city is going to pay him». Johnny Cummings, Mayor of Vicco, said that only Vaughn’s take-home pay will be issued in Bitcoin. All applicable taxes will be removed before Vaughn’s salary is then converted electronically to Bitcoin and deposited in an online account for the city of Vicco. The currency then will be transferred to Vaughn’s own Bitcoin account. Cummings added Vaughn could begin receiving his salary in Bitcoin as early as this month. «Basically his next paycheck», he said. «They’ve set up the accounts for Vicco and for Tony, so it can be transferred».

Also Cummings said that publicity is not the only reason for the city to take such a step. Now the city’s upcoming website will be set up to accept Bitcoin donations. Cummings is hope that could help the small town of 300 people better afford projects to improve local infrastructure.

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