I've read this too but actually I don't believe it. The idea is fantastic but I'm wondering about the taxation. So far I know there exist no country accepting any kind of cryptos for paying bills like electricity or the taxes. How will it be possible to work for crypto and pay the public services in fiat? They are going to exchange alts for fiat? i don't find it practical. However if it is real it could be a good start and a perfect example for more places of the world.
So i've seen this announcement about a coin that will support a city which will go 100% crypto.
What ya guys think?