IATSE Local 728 Becomes First Private-Sector Union To Invest In Bitcoin

IATSE Local 728 Becomes First Private-Sector Union To Invest In Bitcoin
IATSE Local 728 Becomes First Private-Sector Union To Invest In Bitcoin

Iatse Local 728, a branch of 3 thousand members of international employees for international theater employees, and transferred photo technicians, artists and crafts allied with the United States, its regions and Canada, history by purchasing its first investment in Bitcoin, according to a press statement sent to Bitcoin magazine. This initiative, which was approved by the vast majority of its membership, was implemented with the help of Proof of the workforceA non -profit institution devoted to helping unions to adopt bitcoin through education -based initiatives.

Iatse Local 728 said that she has long provided service, strength and solidarity, and its decision to invest in Bitcoin is in line with her mission to fight for financial security for its members. โ€œToday, we make history the first labor union in the private sector to put Bitcoin on our public budget and keep it in the field of self -need,โ€ the union stated. This effort was led by IATSE LOCAL 728, the treasury secretary, former CEO Jason Lord, and a member of the current Board of Directors David Gravs, in cooperation with the founder of the Proof of Workforce Dom Bei.

โ€œIATSE LOCAL 728 has led the safety, technology and training entertainment industry since 1939. Our members have been evidence of work behind the greatest products in history โ€“ now, we come to the same innovation to funding,โ€ the IATSE LOCAL 728 Consulting Council stated. Self, we take a position for financial security and empowering work. โ€œ

โ€œThis is related to the protection of the value of our organs. Bitcoin is not just an asset, it is the safest, decentralized financial network in the world, fortified against manipulation and inflation. While governments print money and financial institutions workers their wages, we control. This is not a gambling. It is a strategy. We are learning, building, leadership,โ€ continued the union.

Besides its own membership, IATSE LOCAL 728 sees this step as a catalyst for a broader transformation within the labor movement. โ€œFor a very long time, the unions played defense in a counterfeit system against workers. This ends now. With Bitcoin, we are not only negotiating contracts, we believe in economic freedom. We are setting the standard. We are taking measures. We prove that unions are not only fighting for today, but they build for the future.โ€

In addition to the Bitcoin contract on the public budget, a permanent committee will be created to explore roads that can provide Bitcoin in the long term of IATSE 728 individuals and their families. The committee will also help integrate the federation’s support in Bitcoin.

The work of the workforce on the leadership of iATSE 728 in adopting Bitcoin as a reserve asset, said: โ€œIn proving the workforce, we understand that in every institution, there is a person who discovered the real capabilities of Bitcoin. The world.

As the first private sector federation that integrates Bitcoin in its financial strategy, iATSE LOCAL 728 determines a precedent that can inspire other private sector unions throughout the country to be deleted.

Yesterday, DOM Bei announced that it is running for AA SEAT at the Board of Directors of the California Public Pension Agency. Bei launched his campaign with huge approvals, including legislators in California and the mayor of Vancouver Ken Sim.

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