http://nautil.us/issue/57/communities/why-new-york-city-needs-its-own-cryptocurrency

Hi,

I opened this thread because I'd like to discuss the above article. I find the idea truly inspirational and would love to see this happening as a social experiment.
Taking money creation away from banks and redirecting the "economics for interest" towards improving a city (e.g. infrastructure) could create a "self-reinforcing prosperity loop" (quote).

What do you guys think and how could this become a reality?

It's a proof that the concept was right, back in 2014.

Absolutely agree!
Would anybody be interested in discussing the future development possibilities of XCN somewhere in a separate thread?
I personally would label it "My dream coin" and I would like to see some of the best features out there joined up in a single coin. Those would be:
- Mini blockchain
- ZCash privacy
- POS instead of mining

Those three features thrown into a single coin don't exist yet and I think that combination would be the ultimate coin that is actually usable as a real-world money replacement. Reason:
1. Mini blockchain eliminates ever-growing need for blockchain storage.
2. ZCash privacy enables use of coin like real cash money, with all privacy intact.
3. Proof-of-stake eliminates wasting computing power for mining and enables everyone to take part in the network without any (hardware) investment.

Who'd be interested?

i'm in, with a little reserve for number 3.