***IOC Relief: Louisiana considers its Cryptocurrency in the face of City funding woes

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The Mayor of Latin America, Louisiana, has proposed to build a cryptonomy for money collection through the acquisition of a coup in Berkeley, California, The Acadia Advocate. This blockchain based municipal loan, it should be implemented, the United States and beyond can also make a local funding revolution.

Joel Roubidauce, the Mayor-President of Lafayette, offered his annual address at the Himman Center, referring to his city as a technology hub, which will diversify into the local economy and increase the public service, the city is currently under strict economic stream and the plan is working for additional taxes.

Alternative public financing
Robideaux, like its equivalent to Berkeley, shows as a way to allow cryptocurrency public money and allow citizens to participate in financing. He told the option of funding the public infrastructure to Cryptokrons.

Robideaux had acknowledged that he had changed the banking, money and realm of the payment system to permanent, and that the government, healthcare and "probably every industry" would soon be interrupted. He rejected the idea that cryptographers were being circulated by liberal liberals for free and stagnant digital currency transactions.

Berkeley Planner's Opinion, however, gives Robideaux how his proposal will work for the municipal financing cryptoconge application, or he gives no description of how his vision will inspire investors.

In contrast, Berkeley plans to bring back cryptocurjation with municipal bonds and helps crypto enable "microbox" to support some housing and homeless projects.

Berkeley Charts New Territory
Whilst Berkeley’s cryptocurrency project is still in the developmental stage, councilors in Berkeley have partnered with the mayor, Jesse Arreguin, along with a tech startup called Neighborly – with software engineering support from Berkeley’s UC Blockchain Laboratory – to develop the technology. The goal is to offer an ICO that would promote transactions within the local area.

The scheme allows for Berkeley to build on blockchain to provide its citizenry with homes fit for human habitation, that are affordable and accessible, based on a bespoke Berkeley UC/City bond scheme, that could create a low-to-middle income economic boost in the area.

Transferring the municipal bond market to a digital platform will create a more efficient process than the paper-based process involving multiple stakeholders, Berkeley Councillor Ben Bartlett told Citylab. The city can create a public ledger that displays financial statements and cuts out the middle man, he said, which reduces the transaction costs normally associated with bond issuances.

Berkeley’s cryptocurrency is not a speculation tool, said Bartlett. It is a special purpose vehicle with the key distinction that it’s backed by a real asset.

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