Vancouver Mayor Ken Sim continues big Bitcoin push
Vancouver Mayor Ken Sim has continued his big Bitcoin push as he attempts to make the city a Bitcoin-friendly city. According to reports, Sim mentioned that the push is a hill he is willing to die on, as he awaits the city staff report on whether digital assets could be integrated into the financial strategies and systems of Vancouver one day.
Since he introduced the motion to the council in December, the Vancouver mayor has been on the move, trying to make people understand the motivation behind his obsession with what many will describe as a complex concept. He has done media rounds, appeared on podcasts and other events within the confines of the crypto industry, and even appeared as the keynote speaker at the Virgo Crypto Summit.
The Vancouver Mayor gave his speech at the Sheraton Wall Center on April 4, a day before the council bye-election. ABC Vancouver, Sim’s party, had set up in the lobby right outside the ballroom where the event took place, with the party’s candidates–Jaime Stein and Ralph Kaisers–getting time to speak. Sim introduced both of them as supporters of the crypto community after asking, “Is it the end of the world if these two incredible individuals don’t get elected?”
“No, but I’ll tell you what’s at stake: We put the industry behind by at least a year-and-a-half, and as we know in this industry, things are moving at the speed of light.”
The comment was quite odd considering ABC Vancouver held seven of the 11 seats on the council before the bye-election. The reference to the year and a half is the remaining time until the 2026 general civic election.
SIM, who is originally a chartered accountant and former investment banker has keyed into his push for digital assets. He mentioned that no matter what the staff recommends in the report, he will ensure more work is done on digital assets. “If they miss the mark, if they come up with recommendations that are factually incorrect or based on the wrong data, I will be personally filing an amendment to correct those discrepancies, and then we’ll vote on that as well, and then it will pass,” he told those present at the event.
Stein and Kaisers fell short, ending up in sixth and seventh place among 13 candidates. The race was eventually won by Sean Orr of COPE and Lucy Maloney of OneCity, who share the thought that Sim has been wasting time on Bitcoin when issues like affordable housing, homelessness, and childcare need his attention.
According to reports, the mayor’s motion in December directs staff to explore options to make Vancouver Bitcoin-friendly by carrying out a deep analysis of the potential to integrate BTC into the city’s financial strategies. One of the aspects that Sim included in his directive was to accept taxes and other fees in Bitcoin. The mayor has also called for the conversion of some part of the city’s financial reserves into Bitcoin, which he said is “to preserve purchasing power and guard against the volatility, debasement and inflationary pressures of traditional currencies.”
He described Bitcoin as a decentralized, digital currency that acts as a hedge against the ups and downs of the central monetary systems. The Vancouver mayor added that the asset has been recognized by experts as the best bet against inflation and currency debasement, highlighting that it represents the best store of value due to its supply, which is capped at 21 million. Sim also pointed to the growing adoption of the asset across global economies, noting cities like Zug in Switzerland, Seoul in South Korea, and El Salvador that have fully adopted the digital asset.
In his speech at the event, he touched on various areas of discussion while noting that they have the responsibility to do what is best for Vancouver. “This is a hill that I’m willing to die on because it’s the right thing to do. And from a purely selfish perspective, I want my boys to [continue to] live here,” the Vancouver mayor said. He also mentioned the rise in crimes associated with the crypto sector, noting that it is the way the criminals have decided to use the assets to launder funds.
Sim added that his interest in Bitcoin is to protect the purchasing power of Vancouver in the years to come. “It is becoming mainstream. Nation states, ETFs, pension funds, family offices, investment advisors —they’re all starting to add it to portfolios. I would love to see Vancouver set up for the next 100 years. That’s my opinion,” he said.
While he plans to seek re-election next year, he knows being the only mayor of a major city in Canada pushing Bitcoin could hurt his chances. “Most politicians wouldn’t even bring up the conversation for fear that it may hurt their election chances,” he said.
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Xelis - Built From The Ground Up 👷♂️⚡️
In today's age its far too common for projects to take the lazy route and just launch on a layer 2 or simply fork an existing chain.
But not $XEL @xelis_project.
Here is a look at the architecture for their native smart contracts alone. 🧵
1⃣ Chain Architecture:
The groundwork for everything built on is its of course its chain.
But, its not just a chain, its a BlockDAG - the next evolution of Blockchains allowing for parallel blocks.
Xelis is NOT a fork. Everything was written in Rust from scratch using open source libraries.
2⃣ Virtual Machine:
A virtual machine is a software-based emulation of a computer that executes smart contracts and dApps on the blockchain.
Of course, Xelis has built their own called Xelis VM or short XVM.
3⃣ Programming Language:
Not even here Xelis is relying on prebuilt languages like rust but instead has developed their own.
Silex.
It will run on XVM, is deterministic, sandboxed and built from scratch to handle smart contracts with maximum performance.
Why did they not use the EVM framework?
Because Silex is:
- built specifically for Xelis Assets
- easier to use
- faster to execute
- lower in fees
Its built for real use cases. 🛠️
Silex Smart Contracts can power:
- dApps
- tokenized assets
- voting systems
- supply chain tracking, etc.
But don't get too excited yet, Silex Smart Contracts aren't live on mainnet yet.
BUT, they are on their way!
So keep and eye the Xelis/my socials to stay up to date.
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Other chads to follow for occasional Xelis content:
@BraverCrypto | @2xnmore | @ourcryptotalk | @stacy_muur | @t_allfather | @CryptoMX__ | @SonOfATech | @xelis_fans | @Farmerbot199 | @0xMetastable | @maximilianlang | @crypto_columbu | @monosarin | @CryptoJonesRC | @0xAigri | @YorichiiCrypto | @kingjunkie1st
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Thanks for reading frens 🩶
Also I worked way too long on this graphic so all love on this post much appreciated haha!
mikro out 🫡

National_Cryptographic
17h
Weekly and Monthly Performance
One of the biggest game changers in trading is consistently tracking your weekly and monthly performance. When you combine that with clear, realistic targets and the discipline to control your greed, you’ll be on the right path quickly.
Clarity, structure, and emotional control are what separate real traders from the gamblers.
So what is a realistic goal?
Think about it: The average fund offers around a 10% annual return. The better-performing ones, which actively trade, might reach 30–50%.
The very best, the elite traders sometimes hit 100% annually, but only after years of experience, refinement, and usually as part of a sophisticated team where each member brings a unique edge.
Now ask yourself this: If some of the brightest minds in finance, with decades of experience and full-time resources, are producing those kinds of returns, how likely is it that the average shitcoiner is going to outperform them on a weekly or monthly basis?
Exactly — the odds are basically zero.
Sure, there are outliers. Some people hit it big. But they’re often just lucky lottery winners, and most can’t replicate their success. There’s nothing to learn from that. No process. No edge. Just noise.
These stories sell dreams — dreams of getting rich quick — and they lure people into throwing their life savings into hot air.
But real traders know better. They know it’s not about the quick win. It’s about sustainable, repeatable performance. With discipline and patience.
So what’s the smarter strategy here?
I’d argue that setting realistic targets is by far the better approach and something every serious trader should be doing.
Personally, I aim for around 10% per month on my trading accounts. That breaks down to about 2.5% per week. At first glance, that might not sound like much — but everything depends on the size you’re trading.
For example, if you're managing a $100K account, that’s $2.5K a week or $10K a month. That’s solid performance and for many, more than enough to live well.
It's not flashy, it’s not “get rich overnight,” but it’s consistent, sustainable, and most importantly — replicable. And that’s what real trading is all about.
Of course, I don’t always hit my targets on every account, but more often than not, I come close.
And when I combine that with some well-timed spot investments, it adds up to a pretty solid income.
Some weeks or months, I give a bit back to the market, that’s part of the game. But when I zoom out and look at the bigger picture, I’m genuinely happy with my overall performance.
The power of having these “small” weekly or monthly targets lies in their achievability.
If you aim for 2% a week, it’s realistic and you can build real momentum through consistency. Compare that to throwing your entire life savings at one position hoping for 1000%… the odds are basically zero.
One is sustainable. The other is a gamble dressed as ambition.
2.5% really isn’t much when you think about it.
If I take a position with 1% risk, that’s just 2.5R realised and with solid TA and no greed, that’s very achievable.
When you operate with realistic targets, your mindset shifts. You find yourself saying things like:
“Ah, I’ll take that 2% and go have a nice dinner,”
instead of,
“If Fartcoin reaches the market cap of Bitcoin, I can finally buy my third helicopter.”
That kind of grounded attitude is what lets you extract from the market week after week, month after month.
Consistency > Fantasy. Every time.
If you can consistently achieve 100% per year, you’re among the top traders in the world. And here’s the kicker: That kind of performance turns a $10K account into $1.28 million in just seven years.
Show me another profession where you can generate that kind of return with a similar time and focus investment + freedom of space. There aren’t many.
That’s the power of consistency, compounding, and real skill over hype.
If you need $2.5K a month to live, you can make that through trading with a $25K account, as long as you manage to pull 10% a month. Of course, having a bigger cushion is ideal, but that’s not the point.
The point is this: If you stop chasing unrealistic targets and spend just 15 minutes thinking through the actual math, your life and trading will start to make sense.
Clarity kills delusion and once you understand the numbers, everything changes.
The big traders I mentioned earlier often operate with massive sums and that comes with its own challenges. It usually requires licenses, special connections, and a whole different skill set, because once you reach a certain size, you start moving the market.
But for us small, un-greedy fish, that’s our biggest strength. We can enter and exit “full-size” in almost any market without leaving a trace. Use that to your advantage.
Set realistic targets. Stay nimble. And drain the market consistently: Week by Week, Month by Month and Year by Year.