Cybersecurity & Tech
What’s happening? During the 1st week of August, Miami’s MiamiCoin project launched & has already generated $1Million in revenue for Miami. Miami under current laws can only receive the revenue in dollars, and cannot own the crypto. Currently Miami gets 30% of the revenue MiamiCoin generates using specific MiamiCoin protocols.
Why is this important? A discretionary pot on new revenue…name a city that wouldn’t be intrigued, please be my guest…
How will this be important? Revenue and the cryptocurrency is being touted as a “viable form of incentivizing civic engagement” Tallahassee is already working on ways for cities to own crypto…
Miami Herald via Governing | As MiamiCoin Crypto Continues to Grow, Miami Gets 30%
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