Patrick Stanley

In this engaging discussion, Muneeb Ali, co-founder of Stacks, and Patrick Stanley, founder of Freehold, dive into the revolutionary concept of paying Miami citizens in Bitcoin. They explore the integration of smart contracts with Bitcoin, enhancing its utility in decentralized finance. Patrick shares insights on CityCoins and its potential to boost city revenues while benefiting citizens. The conversation delves into how municipalities can leverage cryptocurrency for leadership and community engagement, setting a precedent for financial innovation in 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.Watch + Subscribe on YouTube:https://youtu.be/LvuS8APcubkListen into our group chat on Telegram:https://t.me/notinvestmentadviceLet us know what you think on Twitter:@bzaidi@trungtphan@jackbutcher@niadeskTimestamps:0:00:00 – Intro0:02:26 – How Cities Are Evolving, CEO of Miami + How Citycoins Fit In0:07:35 – Problem Miamicoin Is Solving + Origin of Citycoin0:13:19 – Not Doing An ICO + How They Setup Miamicoin0:17:29 – What Happens When The Price Goes Down? 0:20:58 – Government-run vs Customer-run0:23:17 – Ryan Hoover's Tweet: How To Mine + Stack Miamicoin0:28:52 – Setting Up A Wallet + Resources To Learn0:31:14 – Launching Citycoin in Your City + Working as a Community0:34:02 – Steelman Arguments Against Citycoin0:38:32 – Evolution of Nation-States0:40:05 – Expanding Definition of Memes, Affinity Tokens + Outsider Trading0:45:50 – What Makes A Good Citycoin City, Historical Memers + Next Cities?0:52:43 – Wrapping Up Hosted on Acast. See acast.com/privacy for more information.