Liberstad, a libertarian city in southern Norway, has reportedly dumped fiat currencies and cash. In their place, it has instituted its own cryptocurrency — City Coin. The not-so-cleverly-named cryptocurrency will replace all other forms of legal tender. A spokesman told Express.co.uk: City Coin is a secure and innovative cryptocurrency based on City Chain, a smart city platform that enables the design, implementation and use of next-generation services for smart cities and their inhabitants. As theRead MoreThe post Norwegian ‘City’ Replacing Fiat and Cash for Its Own Cryptocurrency appeared first on Bitcoinist.com.
