Post by miamianne67 on Apr 3, 2023 16:23:09 GMT
The Mayor of the City of Miami , Francis Suarez, has lots of optimistic ideas. Making Miami the new Silicon Valley and having a Crypto Coin that will generate enough income to lower taxes have been two such ideas.
As regards the Coin, both NYC (which also has a coin) and Miami have experienced lack of liquidity and don't seem to be worth a wooden nickel. Current projections for Miami Coin are 0.000002975, a 0.00% by May, 2023. For sure people are pouring into Florida and not just to "The Villages." Yes, the tax situation is great.....especially if you have beaucoup money or a business or plan on inheriting lotsa money or being sued. On the other hand the old "I have some prime swamp to sell you" mentality still seems at work. Only this time it isn't swamp. IMO, of course.
As regards the Coin, both NYC (which also has a coin) and Miami have experienced lack of liquidity and don't seem to be worth a wooden nickel. Current projections for Miami Coin are 0.000002975, a 0.00% by May, 2023. For sure people are pouring into Florida and not just to "The Villages." Yes, the tax situation is great.....especially if you have beaucoup money or a business or plan on inheriting lotsa money or being sued. On the other hand the old "I have some prime swamp to sell you" mentality still seems at work. Only this time it isn't swamp. IMO, of course.