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“[MiamiCoin’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.” – @FrancisSuarez

Last week @ericadamsfornyc called out that he'd like to have a CityCoin like Miami's.

This week the CityCoins community is delivering for New York City.

This is incredible.

MiamiCoin has now generated over $10 million for the City of Miami, all built on top of bitcoin.

That’s $10 million dollars donated to the city government’s pocket to use on improving the city & quality of life of its citizens.

All from private citizens 👇

Citycoins do something interesting: they align residents within cities and encourage economic competition between cities.

This is superior to the pre-pandemic model of political sclerosis within cities and relatively low migration to non-superstar cities.

ICYMI my interview on MiamiCoin w/ @FoxBusiness

✅ The revolutionary concept of @mineCityCoins

✅ Understanding how it’s generated $5M+ for the City

✅ How these benefits translate into a better quality of life for Miamians

What's generated $2K every 10 minutes for a city? #MiamiCoin

‍Mayor Francis Suarez "believes that if city-specific cryptos succeed it would mean residents 'won't have to pay a cent in tax'"

This is the future of #Crypto! And we're still early to its adoption! We are inevitable 💪

#MiamiCoin is not created by the City. @mineCityCoins has enabled a protocol that gifts mining contributions to the City. Separately, we are prioritizing #Bitcoin payment, and yes, this includes exploration of Lightning network. More on this soon.

CityCoins is a big idea.

Naturally, Miami is first.

This is basically the "Patriot Tax" but executed in a much better way. Which city should @mineCityCoins be deployed in next?

Amazing start for the curator collective, thanks to the #MiamiCoin community, @mineCityCoins @stxnftcom

! The collection "Future of Money", based on work by and in collaboration with Miamian artist Gonzalo Borges, sold out in 10 minutes yesterday.

#MIAMIPOOL IS LIVE 🚨

We’re excited to announce the official launch of #MiamiPool - a smart contract-based trustless system that automates Syvita $MIA mining operations and significantly reduces the risk of pool members losing STX contributions when mining #MiamiCoin.

Wow!

The Miami City Commission just voted in favor of accepting $4.3 million in protocol contributions generated by MiamiCoin, which is built on top of bitcoin.

Today marks a huge day for Miami, and a milestone for crypto.

Mayor @FrancisSuarez on MiamiCoin’s potential:“We’d be like an oil-producing country, (and) the citizens of Miami could get municipal services without having to pay taxes.”

Buy Miami, short SF.

Or, if you believe in the turnaround, go long SF.

Citycoins will express people's faith in city policy. As does emigration. Vote with ballot, and now also with wallet and feet.

I've been spending time with the team and it is fascinating to see something like this secured on top of bitcoin.

The City of Miami already has significant capital that they can access due to the experiment, so would be interesting to see the impact if this continues to work.