Could California become its own crypto-country?

Cointelegraph

Published Sep 01, 2020 01:00PM ET

Updated Sep 01, 2020 02:40PM ET

A Brexit-inspired plan wants to make California its own nation, separate from the USA. The people behind the plan are now looking to establish cryptocurrencies as the financial backbone of the proposed nation.

The movement is called “Yes California,” though it is more commonly known as the “Calexit movement.” The group recently appointed a Blockchain expert named Alastair Caithness to analyze how an economy based on digital assets like Bitcoin (BTC) could be used to guarantee a Universal Basic Income, or UBI, for citizens.

Continue Reading on Coin Telegraph