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We thought we'd pull together tokens to buy goods and sleep in the streets," Bartlett. The goal is to raise funding for vital city projects from a desire to berkeley cryptocurrency housing calling an "initial community offering," security called a municipal bond.
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The bitcoin conference | The risky scheme could potentially play a role, however, in taking advantage of a recently-proposed state law that would loosen density, height, and parking requirements around transit in an effort to boost housing production in the state. Gold 2, The plan would allow investors to use blockchain�a digital, crowd-sourced ledger that underpins cryptocurrencies like Bitcoin�to purchase digital currency backed by city bonds. Someday, homeless people might receive tokens to buy goods and services from local businesses that accept the currency, according to city leaders. President Donald Trump has threatened to cut federal funding from sanctuary cities, and has specifically targeted Berkeley in tweets. Crude Oil The city of Berkeley, California is aiming to develop a municipal cryptocurrency to help fund affordable housing. |
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Berkeley cryptocurrency housing | The city is exploring whether virtual currency can reduce reliance on federal funding for social projects. Story continues. FTSE 7, The city of Berkeley is effectively leveraging the blockchain � the technology at the heart of bitcoin and other cryptocurrencies � to sell municipal bonds. Melia Robinson. |
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A Young Crypto Millionaire Builds a MansionThe city of Berkley plans to launch an "ICO" in May that will help fund affordable housing to support the city's homeless population. Following the latest Silicon Valley trend, Berkeley is considering selling digital coins to raise money for affordable housing and homeless. As the federal government continues to curtail funding for affordable housing nationwide, the city of Berkeley is moving to create its own cryptocurrency in.