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Against the 'Putrid' Euro, Naples' Mayor Plans to Launch Autonomous Cryptocurrency

Published 09/03/2018, 03:58 PM
Updated 09/03/2018, 04:21 PM
Against the 'Putrid' Euro, Naples' Mayor Plans to Launch Autonomous Cryptocurrency
META
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Naples’ mayor, Luigi de Magistris, has posted an impassioned pledge to launch an autonomous municipal cryptocurrency that, he says, would unshackle the city from “anti-southern discrimination” and “unfair” debt, on his Facebook (NASDAQ:FB) public profile September 2.

De Magistris argued for the new currency as part of a threefold plan of action that would reclaim political and fiscal autonomy for Naples — the capital of Italy’s southern Campania region.

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