Revolutionary Way to Fund Our Municipalities!
This is amazing. Miami mayor Francis Suarez describes the revolutionary way Miami is raising funds through Miami Coin and believes crypto can save us from property taxes. Here’s how:
The Miami coin runs on the Stacks blockchain network, which in turn runs on the Bitcoin blockchain. The coin raises funds by allocating a portion of every mined coin toward projects within the city of Miami. This in turn is used to fund city projects: the first of which has been already voted on and will be used to educate Miami citizens on crypto.
This can be replicated by municipalities around the world. It’s a community driven, efficient way to raise funds without layers of tax code, tax authorities, and massive amounts of administrative work needed to allocate funds.
To learn more about how crypto can save us from property taxes, watch the interview here:
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