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The Pomp Podcast

#599: Patrick Stanley On Creating Equity For Cities

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 6 July 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

Patrick Stanley 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. ======================= Revolut is a finance app in the US and UK, that say they're the simplest way to access crypto. Sign up today at Revolut.com/pomp and make 3 card transactions to get $15, which you can exchange for any tokens Revolut supports. As usual, when you move your money from fiat to crypto your capital is at risk. See T&C's for details. Revolut is a financial technology company. Banking services provided by Metropolitan Commercial Bank, Member FDIC. Cryptocurrency services provided directly by Paxos Trust Company, LLC. ======================= Whether you're an experienced crypto trader or just starting out, Kraken has the tools to help you achieve financial freedom. With the new Kraken app, you can easily buy and sell over 60 of the most popular cryptocurrencies in just a few minutes. Featuring a sleek new design and an easy-to-use interface, you can now take your crypto portfolio with you on the go, 24/7. Visit kraken.com/pomp to learn more or search "kraken" in the app store. ======================= Unstoppable Domains makes crypto easier by replacing your address with [AnyName].crypto. They allow you to send and receive over 70 cryptocurrencies, including BTC, ETH, and LINK with a single blockchain domain. Go to unstoppabledomains.com and get [YourName].crypto to make your crypto life easier. =======================

Transcript

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0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Now let's kick this thing off.

0:09.5

Patrick Stanley is the founder and CEO of Citiccoins, a new product that allows you to support your favorite cities while earning yield in Bitcoin.

0:17.5

In this conversation, we discuss Citic coins, how they work, municipal equity versus

0:22.7

debt, the government's role, how citizens benefit, why this benefits Bitcoin, and why Miami

0:28.6

was the first city selected. I really enjoyed this conversation with Patrick, and I hope you do

0:34.1

as well. Before we get to this episode, though, I want to quickly talk about our sponsors.

0:38.6

First up is Revolut. Let's go back to the basics for a second. I've partnered with Revolut,

0:43.2

a finance app in the United States and the UK that say they're the simplest way to access

0:47.3

crypto. They're putting their money where their mouth is. You can sign up and make three card

0:51.2

transactions and get $15. That's right, $15. What can you do with that $15? You can sign up and make three card transactions and get $15. That's right, $15.

0:56.1

What can you do with that $15?

0:59.9

You can exchange it for Bitcoin or any other tokens, Revolut's supports.

1:00.7

That's right.

1:02.4

They are crypto-enabled.

1:06.0

As usual, when you move your money from fiat to crypto, your capital is at risk.

1:11.9

But when you sign up at Revolut.com slash pomp and make those three card transactions, you get free money.

1:15.2

Again, Revolut.com slash pomp.

1:17.3

Go check it out and let me know what you think.

1:21.8

They're really big in the UK and they've doubled all of their assets in crypto last year.

1:24.8

So obviously users think that there's something special there.

1:25.5

Go check it out.

1:29.3

Next up is Crackin. For the last 10 years,

...

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