How To Fund Your Local Government With Bitcoin | Pomp Podcast #599

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This is an episode of The Pomp Podcast with host Anthony "Pomp" Pompliano and guest, Patrick Stanley. He is the founder and CEO of CityCoins, a new product that allows you to support your favorite cities while earning yield in Bitcoin.

In this conversation, we discuss CityCoins, how they work, municipal equity vs debt, government’s role, how citizens benefit, why this benefits bitcoin, and why Miami was the first city.

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Pomp writes a daily letter to over 140,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language while sharing opinions on various aspects of each industry. You can subscribe at

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TIMESTAMPS:

00:00 - Intro
00:11 - What is a CityCoin?
01:32 - Leveraging the bitcoin blockchain
03:04 - Who is the customer of CityCoins?
09:57 - How to evaluate CityCoins
13:45 - Why is now the right time?
16:11 - Why choose Miami first?
19:50 - Municipal Equity vs Municipal Debt
26:04 - Why not just use bitcoin?
28:27 - Mining CityCoins
32:11 - Future plans for CityCoins
35:03 - How people can get involved
37:05 - Most important book
38:45 - Sleep habits
39:28 - Aliens
40:21 - Question for Pomp