1 rich Libsyn https://www.libsyn.com 90 600 Mike Bloomberg is the Public Infrastructure Fellow at the NewCities Foundation and a Visiting Researcher with the Urban Tech Hub at Cornell Tech. In this episode, he examines the dark side of U.S. cities embracing cryptocurrency. Mike and Lee discuss how MiamiCoin and NYC Coin actually work, the nebulous legal relationship between these coins and the cities of Miami and New York, and why anyone would bother purchasing or mining these coins. They also discuss the legal and regulatory risks mayors are taking on by embracing crypto. &amp;nbsp; &amp;nbsp; Mike’s Twitter: @BloombergME GFMC’s Twitter: @DukeGFMC Lee’s Twitter: @leereiners &amp;nbsp; Related Links: &amp;nbsp; CityCoins Website: https://www.citycoins.co/ *Money for nothing: Cities’ crypto push draws fans, critics* Associated Press: https://apnews.com/article/cryptocurrency-business-new-york-miami-coin-f076e0e8b80adf74fdeebaeae9188e70 The FinReg Pod http://thefinregpod.libsyn.com/website <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/22126928/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/121376987