Berkeley Hopes to Tackle Homelessness with Its Own Cryptocurrency

In an effort to stick it to the man and reduce its reliance on federal funding under the Trump administration, the city of Berkeley plans on issuing its own cryptocurrency. &#8220;Initial Community Offering&#8221; The city of Berkeley aims to become the first US city to have its own cryptocurrency ecosystem, in which coins or tokens backed by municipal bonds may be used as legal tender in shops and restaurants, to pay rent, or as donations<br />Read More<br />The post Berkeley Hopes to Tackle Homelessness with Its Own Cryptocurrency appeared first on Bitcoinist.com.

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