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RE: Daily Crypto Markets Live Blog: Cubfinance V2 Day #3 (09/22/21)

in LeoFinance3 years ago (edited)

MiamiCoin back in the news and it seems to be very positive. They talk about potentially not having any citizens have to pay taxes in their city if this keeps working.

I think we need that where I live.

https://cointelegraph.com/news/miamicoin-generated-2k-every-10-minutes-for-the-city-says-mayor

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You have to love what Mayor Suarez is doing. He is really bringing the concept of cryptocurrency into the open.

We are seeing the validity of creating tokens and how valuable they can be. This is something that we know is valid with DeFi. The Mayor is showing how it is feasible for cities and other government entities.

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“It’s interesting because it’s not an involuntary tax, it’s not philanthropy, it’s something that is completely different and could revolutionize the way governments are funded in the future.”

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This would be amazing for a city like New York, especially with its annual budget exceeding USD 1 BILLION. Unfortunately, NYC lacks both the environment and the foresight for pursuing this kind of initiative.

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Plus NYC has a clueless Mayor (I'm being very kind here to Billy-Boy).

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It's OK, we understand. We can handle the brutal truth. And you are 100% correct.

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I'm so glad that when I finished School in Brooklyn I left and never returned. DiBlasio has made NYC a real shit show.

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It's not just the ground hog killer; it's also his fellow travelers in the City Council. That's a toxic combination even if we get Bruce Wayne as mayor. As bad as Lex Luthor is, he would never allow his city to become a cesspool (bad for business).

As for a NYC crypto, instead of being innovative like Miami and San Diego, we could end up with something like Hobonickels (HBN).


(I just chose it for the name; I have no idea how well HBN performs.)

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