I heard that there might be a development of a blockchain-backed cryptocurrency to democratize ownership of California’s land, resources and assets through tokenization into a crypto?
California would want to use it to finance free healthcare, free education and basic income for all Californians. They’re hoping to provide people with the opportunity to achieve economic freedom through that tokenization?
Anyone heard of this?
Interesting considering the financial constraints the State is facing. They have issued IOU’s for furlough workers before. Imagine if every US State did this unlocking value for all...
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Wow amazing
Yes it is all being put together by a group that wants California to secede from the United States.
Leaving all politics out of it, the idea is very interesting. This is showing how the tokenization process can radically change many things.
We are truly entering upon a new era of innovation and creativity.
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That's incredible
There are rumblings about it:
https://www.fxstreet.com/cryptocurrencies/news/could-california-utilise-cryptocurrency-to-deliver-free-healthcare-and-universal-basic-income-202009071336
So it's really a thing