MIAMI Residents are gonna get a part of the cryptocurrency profits the city makes, said the Major. For all of you that don't know, Miami it's gonna actually make their own crypto, called "Miami Coin" and intends to give the profit to the residents of the city. This token and their proceeds (Roughly $21 million USD) - which come mostly from staking their crypto to earn BTC it's going to the pockets of the citizens. They're creating digital wallets and sending the proceeds there. Which sounds pretty sketchy tbh. If you wanna read the full article, please do so. I'll leave you a link: SOURCE: https://thehill.com/policy/technology/581236-miami-residents-to-receive-city-cryptocurrency-proceeds-mayor-says #Cryptocurrency
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