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City of Miami actively exploring how to best utilize Bitcoin

• samizdis 6y ago
  Is it just me, or does the City of Miami's intro page for this come across as the classic "solution looking for a problem"? As per: The Bitcoin network has run continuously and without incident since its launch on January 3, 2009. The network currently secures over $600 billion in value and its native cryptocurrency (bitcoin with a lowercase "b" or "BTC") is seen by many experts as the next great store of value and akin to a digital gold. The City of Miami is actively exploring how we can best utilize Bitcoin and related technologies and are committed to supporting and attracting businesses and entrepreneurs innovating in the space.
  • loceng 6y ago
    Without incident? Sounds like regulatory capture is in full swing in Miami.
• theamk 6y ago
  That's one way to get more high-tech business into city. Bitcoin or something else, the property and income taxes are still paid in US $.
• tcbawo 6y ago
  Maybe the plan is to give local governments which are prone to ransomware attacks with a source of Bitcoin.