The City of Miami recently began dabbling in CityCoin, a nonprofit and open-source protocol for trading cryptocurrency that’s netted the city almost $25 million. City of Philadelphia Chief Information Officer Mark Wheeler thinks Philly could someday join in.
If you’re among the naysayers — such as Philly’s first-ever chief data officer — who think it’s bonkers for any city government to align its financial future with what could be a “gimmick,” if not something downright exclusionary, read on for why this civic leader thinks it’s at least worth exploring.
