The city coins community is building applications that allow for more granular, sort of, like civic minded things to be voted on by coin holders. Cities can say, you know, we get to determine what we do with all our funds. And it's me hard for them not to listen to the markets, honestly. But they might say, we're not listing the markets. Were oingt wen spendint on recruiting homeless people. We're ging o do all bad things i don't know where were an do, like, stupid things that weh y shouldn't do. In the market, punish them. My boy, plea s i think some cities will do it,
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.
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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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