Berkeley is developing its own cryptocurrency to fund affordable housingAs the federal government continues to curtail funding for affordable housing development nationwide, the city of Berkeley, California is moving to create its own cryptocurrency in an effort to potentially replace outlays for affordable housing from Washington with municipally-backed crypto-bonds. The so-called “crypto-impact” proposal is the brainchild of Berkeley city councilperson Ben Bartlett and Berkeley […] The post Berkeley is developing its own cryptocurrency to fund affordable housing appeared first on Archpaper.com.[Collection]

As the federal government continues to curtail funding for affordable housing development nationwide, the city of Berkeley, California is moving to create its own cryptocurrency in an effort to potentially replace outlays for affordable housing from Washington with municipally-backed crypto-bonds. The so-called “crypto-impact” proposal is the brainchild of Berkeley city councilperson Ben Bartlett and Berkeley […]

The post Berkeley is developing its own cryptocurrency to fund affordable housing appeared first on Archpaper.com.

http://archpaper.com/2018/02/berkeley-cryptocurrency-fund-affordable-housing/