A key point about MiamiCoin is that it is that it is set up and generated on the Smart City Platform (City Coin). This is a proof-of-stake model forked from the bitcoin chain. Stacks tokens staked also generate a small portion of bitcoin.
The Smart City Platform is specifically established to allow towns and cities to do exactly as you predict. In fact San Francisco is most likely the next to launch its own token. And according to the map on Citycoin's site it looks like 9 other US cities are gearing up to do the same. It is also worth noting that the platform is specifically designed to make crypto in general much easier to engage with and utilize for the average person without the need for more technical knowhow. Creating a bridge between the Hive ecosystem and the Smart City Platform would be a massive boost for the primary objectives of both of those systems.
One thing I believe will happen is that as more cities, counties and states adopt this a market will emerge for trading these tokens allowing friends and family to 'send' money to loved ones in need or to exchange them for travel uses. Much as with Hive, the potential use cases are almost limitless. The future has very exciting potential, how will it unfold?
Thanks for putting this info out there!
Blessed Be
What makes you think that San Francisco is likely to start a token?
Its one of those weird cities, for example, at MUNI, they have all these advances cameras that are so good they can zoom into a cigarette butt on the street, and move around.
At the same time, they are copying and pasting, and having to hand write reports because people don't know how to use the technology.
Just a couple of years ago they finally got email addresses for their bus drivers - they didn't feel they had the bandwidth to get everyone online.
This of course doesn't mean they won't start a coin, but I am wondering what intel you have that makes you guess that they will.
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It is on the Citycoin's website.
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That's hilarious.
My husband keeps saying they should re-wire the electric trains to make the mine bitcoin and turn the whole bus systems into crypto-hubs.
I laugh cause they can't even get email addresses for the bus drivers.
If this is put in place, and the City Workers get perks from it, my family and I will be very happy $$$$$
Yes this is not something that Miami did on its own. We will see how quickly other cities adopt it. I know San Francisco was next in line. I was not aware that a number of other cities lined up.
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It took me a couple days casually digging to find the map but it shows the other 9. I am just assuming that they are however it is probably a reasonable assumption.