With stacking, you're not earning the native token. You're earning a base currency that's being forwarded in. With my amy coins, is it with mime coin and stacks, you can use themfor as fuel for smart contracts,. If you want to, and there's real demand for that. Have you stacks as smart contracts for good coin? It's got its own token, so dic coins, sovereign money. And some like and some kind of a quasimoto sort of thing. Amone coin is how doyou like a governant stoken? And essentially, and poor specific cities.
Patrick Stanley (@PatrickWStanley) joins the NIA boys to discuss a full breakdown of Citycoin's origin, the current state of Miamicoin + what this could look like in the future for other cities.
Make sure you're subscribed to catch a new episode every Thursday, where Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.
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Timestamps:
- 0:00:00 – Intro
- 0:02:26 – How Cities Are Evolving, CEO of Miami + How Citycoins Fit In
- 0:07:35 – Problem Miamicoin Is Solving + Origin of Citycoin
- 0:13:19 – Not Doing An ICO + How They Setup Miamicoin
- 0:17:29 – What Happens When The Price Goes Down?
- 0:20:58 – Government-run vs Customer-run
- 0:23:17 – Ryan Hoover's Tweet: How To Mine + Stack Miamicoin
- 0:28:52 – Setting Up A Wallet + Resources To Learn
- 0:31:14 – Launching Citycoin in Your City + Working as a Community
- 0:34:02 – Steelman Arguments Against Citycoin
- 0:38:32 – Evolution of Nation-States
- 0:40:05 – Expanding Definition of Memes, Affinity Tokens + Outsider Trading
- 0:45:50 – What Makes A Good Citycoin City, Historical Memers + Next Cities?
- 0:52:43 – Wrapping Up
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