BTC Sent to 350 Spanish Parliament Members.

All 350 members of Spain’s Congress of Deputies have been dispatched bitcoin value a euro every as a part of an academic marketing campaign, native newspaper ABC reported Thursday. The Congress of Deputies is the decreasing home of Spain’s parliament; it has 350 members.

The initiative was launched by block chain schooling platform Tutellus and Observatorio Blockchain “with the aim of raising awareness about the ‘transcendental’ role that cryptocurrencies are going to have in the transformation of the economy and society,” the publication conveyed, quoting sources from the group as saying:

“We have defined to the deputies that we’re in a time of profound adjustments in using cash, as well as highlighting the vital position that cryptocurrencies have as we speak.”

All the representatives of the ten parliamentary teams within the decreasing house of parliament have dispatched an email with an equal of 1 euro in bitcoin on Wednesday, the information outlet detailed.

This transfer adopted the Crypto for Congress initiative by the Chamber of Digital Commerce that dispatched all U.S. Members of Congress bitcoin as marketing campaign contributions.

While the bitcoin dispatched by the Crypto for Congress initiative was supposed as donations, Miguel Caballero, founding father of Tutellus who launched the Spanish initiative, says the bitcoin dispatched to the 350 Spanish deputies “is not a donation.” He asserted:

Many deputies in all probability have already got some expertise in using cryptocurrencies, however we want those who are not aware of the brand new cash, to have the chance to get in contact with it.

Caballero added: “With a digital euro on the near horizon, we believe that our deputies, as citizens’ representatives, should be aware of the benefits and risks of cryptocurrencies.”

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