The City of Berkeley, one of the epicenters of liberal California, is considering a turn to cryptocurrency to reduce its reliance on federal funding in the Trump administration.Berkeley would become the first city in the US to hold an initial coin offering (ICO) — a type of crowdfunding campaign that's become popularin the past year. The city would raise funds by selling digital assets called "tokens" that are backed by municipal bonds, a type of security issued by the local government. Buyers might spend these tokens at shops and restaurants or even pay rent at apartment rentals that participate in Berkeley's cryptocurrency ecosystem.We can do it, we being the sandbox. These folks can do it with real help from the sandbox pros at Berkeley.
In the context of government agencies, though, they prefer to use the tax dollar. That is not a problem, we still release housing dollars as bearer cash, like any other, but the client agrees to a housing budget. In that case his intelligent cash card makes sure the client is well warned if the housing account is short, then cut back if too short.
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