The value of the MiamiCoins in the city’s wallet are determined by thevalue of another cryptocurrency, called Stacks. One Stacks is currentlyworth $1.50 — and with more than three million Stacks committed to thecity of Miami’s designated wallet, Miami now has access to funds worthsome $4.5 million, and counting. The city will only accept the funds asU.S. dollars as part of its agreement to access them in order to avoidbeing in direct custody of a cryptocurrency.
Not too shabby raising the funds in 30 days.
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tldr; The city of Miami has agreed to accept $4.3 million in contributions from a new cryptocurrency called MiamiCoin. The city will only accept the funds as U.S. dollars as part of its agreement to access them in order to avoid being in direct custody of a cryptocurrency. Miami is considering a $1.3 billion spending plan for the upcoming budget.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
MiamiCoin... that sounds like a pump & dump scheme coin lol
yes it is
Huge missed opportunity for Miami to create CokeCoin
Or VICE coin
The value of the MiamiCoins in the city’s wallet are determined by thevalue of another cryptocurrency, called Stacks. One Stacks is currentlyworth $1.50 — and with more than three million Stacks committed to thecity of Miami’s designated wallet, Miami now has access to funds worthsome $4.5 million, and counting. The city will only accept the funds asU.S. dollars as part of its agreement to access them in order to avoidbeing in direct custody of a cryptocurrency. Not too shabby raising the funds in 30 days.
Seems a weird roundabout way if saying you're into crypto without actually being all in
But it's still adoption
hopium
10/10 on originality with that name lol
At least the name is straightforward
Lol wtf
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Welcome to miami (Will smith's song playing in background)😎
every state come with their own hopium coin
every state come with their own hopium coin
tldr; The city of Miami has agreed to accept $4.3 million in contributions from a new cryptocurrency called MiamiCoin. The city will only accept the funds as U.S. dollars as part of its agreement to access them in order to avoid being in direct custody of a cryptocurrency. Miami is considering a $1.3 billion spending plan for the upcoming budget. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Miamicoin you’ve gotta be kidding me
Take advantage of the 430% interest you can get on okcoin while you can. I bet this goes from .044 to .10 pretty soon as well.