Jayson Stewart, the Mayor of Cool Valley, Missouri, unveiled his plans of distributing Bitcoins worth $1,000 to 1,500 citizens. As per KDSK, a local news outlet, Mayor Stewart said that "I would like to see every single household in my city receive some level of Bitcoin, whether it be $500 or $1,000." Besides, Mayor Stewart intends to launch his Bitcoin project by the end of 2021, and is eyeing some potential sources to fund it.