As Vancouver Mayor Ken Sim continues to push for some of the city’s financial reserves to be invested in bitcoin, critics are warning his statements on the cryptocurrency show “a lack of understanding of economic principles.” Jen St. Denis reports. Jen is a reporter with The Tyee. Published July 21, 2025. https://thetyee.ca/News/2025/07/21/Ken-Sim-Bitcoin-Critics-Nervous/

Ken Sim’s Love of Bitcoin Makes Critics Nervous

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We’re an independent, online news magazine from B.C. founded in 2003. We’re devoted to fact-driven stories, reporting and analysis that informs and enlivens our democratic conversation. This podcast features our stories, read by AI narration. Our reporting has changed laws, started movements and garnered numerous awards. While some journalism gives the last word to power, we try to give the last word to ordinary folks. We are reader-supported so if you like what you hear, you can go to https://support.thetyee.ca/ and contribute to our hard-hitting journalism.

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Ken Sim’s Love of Bitcoin Makes Critics Nervous

Ken Sim’s Love of Bitcoin Makes Critics Nervous