The mayor of Naples, Luigi de Magistris, has published a "passionate promise to launch an autonomous municipal cryptocurrency that, in his opinion, would free the city from" anti-southern discrimination "and" unjust "debt, on the his public profile Facebook September 2.
De Magistris supported the new currency as part of a triple action plan that would have claimed political and fiscal autonomy for Naples – the capital of the southern Italian Campania region.
While yesterday's post-rhetorical post did not explicitly outlined details, the mayor's previously discussed plans to launch a municipal cryptocurrency related to the city's economy led to a ferment of local blockchain activity: details of the a municipal administration working group for blockchain and crypt are even announced on the official page of the city.  The last post of the mayor has contextualized this vision of a municipal cryptocurrency in the context of a political effort to liberate the southern regions and reinforces self-determination against the "rulers who rule in Rome". As the mayor notes, this drive for greater local power has been anticipated on the other side of the north-south border line of Italy – in the north, "the separatists cried out first"
The central government , in his opinion, he worked for the north:
"Before a government with evident anti-south traction, which is strengthening the Lombard-Veneto axis … and is working to hijack most of the resources to the rich, giving only alms to the south, we must launch a historic challenge, never thought or implemented until now ".
The mayor also made an energetic rebuke to the creditors of the city, saying that Naples does not recognize his debt – due in a "putrid" currency, the euro – he rails, "we are in fact victims and we should be compensated rather than paying debts to usurpers! "
The post of De Magistris has further highlighted Naples as erable capital that derives from tourism, committing itself to encouraging innovative forms of popular participation – a sentiment that has prompted calls to revoke traditional economic structures with blockchain-enabled ecosystems, distributed and incentives (tokenized).
As Cointelegraph reported, the synergy between the cryptocurrency revolution and autonomous governance has been recognized by many – with the crypt actively proposed as a system that would have prevented secessionist movements from being held hostage by sovereign governments.