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RE: Open Letter to the City of Berkeley, California: Why a Steem Smart Media Token (SMT) is a Wiser Choice Than a Cryptocurrency Bond or ICO
If one or two of these municipal governments are visionary enough or crazy enough to try this, it could open up a whole new sector for SMTs.
You are right... People who do not want to participate in the communal process could also sell their influence.
THE BIG QUESTION IS: when will SMTs be released????