PANews reported on December 23 that Ken Sim, the mayor of Vancouver, Canada, said in an interview with The Globe and Mail that Bitcoin is the best performing asset in the past 16 years, even surpassing gold. Sim pointed out that Bitcoin is not controlled by military forces and emphasized that Bitcoin can make Vancouver a world leader in Bitcoin innovation.

Earlier news, the Vancouver City Council passed a motion to "become a Bitcoin-friendly city and explore its possible municipal uses."