"Staffanstorp has a huge location to become Sweden's Miami"

Should a municipality invest tax money in cryptocurrency or not?

That was the question for the discussion in the Morning Studio.

- I usually give these tips when it comes to cryptocurrency.

Before you decide, be sure to read on.

And when you invest, do not invest more than you feel you can afford to lose, said Johan Javeus.

He emphasized that this was an issue that the elected representatives in Staffanstorp had to decide, but added that when it comes to tax money, the basic principle must be caution.

"Finally!"

Christian Ander was significantly more positive.

- Finally a municipality that dares to stick out its chin and do something innovative, he said.

Christian Ander is convinced that cryptocurrencies are tomorrow's financial system.

And he took a couple of examples.

- In Miami, the mayor has taken out his salary in bitcoin and created his own cryptocurrency.

Staffanstorp has a huge location to become Sweden's Miami.

Warned for the curve

The second example came from his own home municipality Nacka.

- Last year, Nacka made a profit of 800 million.

I suggested investing the money in bitcoin.

Had they done so, they would have had five billion instead after the increase in value.

Johan Javeus warned against staring blindly at the bitcoin curve and pointed out that it does not go straight up.

He is doubtful whether Staffanstorp will choose to invest.

- But if you choose to invest a small percentage in a portfolio of cryptocurrencies, it may well still be possible, he said.