California State Senator Ben Allen has endorsed Dom Bei, the founder of bitcoin nonprofit Proof of Workforce, in his campaign for a seat on the board of the California Public Employees' Retirement System (CalPERS). CalPERS manages a $500 billion pension fund and if elected, Bei would be the first pro-bitcoin voice on the board. Bei, a veteran firefighter, has been involved in bitcoin education for workers, unions, and pension funds and has previously served on Santa Monica's pension advisory board. He hopes to bring his bitcoin experience to CalPERS and offer new strategies to strengthen retirement security.



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