The Cities Turning To Crypto For Grassroots Fundraising - BitcoinEthereumNews.com
การเข้ารหัสลับThe Cities Turning To Crypto For Grassroots Fundraising02 / 11 / 2022ข่าว Bitcoin Ethereum View from Berkeley Hills, California เก็ตตี้n Local governments have been interested in cryptocurrency like Bitcoin and Ethereum for years, and some have begun accepting it as a form of payment for certain transactions. But come places are taking it a step further. Last month, Berkeley, Calif., anounced it was moving forward on a long anticipated project to sell “microbonds” in the municipal market. City leaders initially had the idea in 2018, and are working with UC Berkeleys blockchain accelerator lab, Blockchain at Berkeley. The project is the brainchild of Mayor Jesse Arreguín and Councilmember Ben Bartlett and would issue municipal bonds using the blockchain technology that underpins cryptocurrency. This would allow municipal microbonds to be issued in denominations as low as $5 or $10, as opposed to the minimum $5,000 bond denomination thats common today. “In expanding access to community investments by way of microbonds, Berkeley will simultaneously crowdsource additional funding for public projects while providing more individuals with investment opportunities,” Arreguín said in a statement. Meanwhile, CityCoins offers cities a different approach to raise revenue with digital currency. The nonprofit has a platform that allows its users to mine for new tokens