The controversy of El Salvador legalizing bitcoin as a legal tender has impacted the world. Some countries are preparing to legalize cryptocurrency. Miamicoin is a city coin.

Miami is launching digital token called MiamiCoin, which the mayor has said will help the city develop its "tech ecosystem."

https://hypebeast.com/2021/8/miami-coin-digital-token-bitcoin-stacks-protocol-launch

City coins will be a trend in the future. A city needs to have fast cash and fresh funds from cryptocurrency without burdening the tax expenditure.

pic https://www.local10.com/tech/2021/08/02/city-of-miami-launches-its-own-cryptocurrency-miamicoin/

"We could use it for roads, parks, regional resilience — the idea is [MiamiCoin users] are making an investment in the quality of the city’s future," Michael Sarasti, Miami’s chief information officer and its director of innovation and technology, said last month. "They’re betting on Miami to be successful, and from a holder perspective, when Miami does better, their coin does better."

https://hypebeast.com/2021/8/miami-coin-digital-token-bitcoin-stacks-protocol-launch

Cryptocurrency is not only money, but also technology. This technology has many benefits for every user to explore their potential. Miamicoin (MIA) will be a pioneer in the city's coin. Will more cities create their own coins?

Politicians make important decisions about the future of cryptocurrency. El Salvador's parliament passed a bitcoin bill. The Miami coin is also supported by the Miami authorities. Cryptocurrency is a progressing technology that some or most bankers, old politicians, and old stake holders do not want to lose their influence in the new era of the economy. The World Bank and IMF are the old stake holders in the world financial market. They do not want to lose control of world money. It is time to shift the wealth to new owners. The cryptocurrency supporters will bring new power to the world financial market.