Civic engagement and crypto: Miami unveils its own digital coin
MiamiCoin is not just a cryptocurrency, but rather a decentralized application that can function as a developer platform for cities. On June 2, 2021, Miami Mayor Francis Suarez tweeted that “MiamiCoin” will be the first “CityCoin” ever to be launched, representing Miami’s very own cryptocurrency. Fast forward about two months later and the anticipation surrounding the release of MiamiCoin has been on the rise. Initially, it may appear as if the Magic City’s digital currency will function just like other cryptocurrencies that can be bought, sold and traded to profit both investors and the....
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