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Homeweb3.0SHIB City: Shytoshi Kusama Proposes a 'Strategic Hub for Innovation and Blockchain” in the US

Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu network, has revealed plans to propose to the new presidential administration the creation of a “Strategic Hub for Innovation and Blockchain” (S.H.I.B.) in a US city.

SHIB City: Shytoshi Kusama Proposes a 'Strategic Hub for Innovation and Blockchain” in the US

Shiba Inu’s pseudonymous lead developer, Shytoshi Kusama, has unveiled an ambitious plan to establish a “Strategic Hub for Innovation and Blockchain” (S.H.I.B.) in a US city. This initiative, inspired by reports that President-elect Donald Trump may create up to ten “freedom cities” on federal land, aims to transform the US into a global hub for blockchain technology and sustainable development.

According to Kusama's proposal, the S.H.I.B. initiative would receive a substantial budget of $2.35 billion over five to ten years. This investment would be allocated toward various programs and initiatives designed to leverage blockchain's potential for economic growth, job creation, and technological advancement.

“This S.H.I.B. initiative aims to stimulate economic growth, create high-quality jobs, enhance national security, and reinforce the United States’ leadership in emerging technologies by leveraging blockchain’s transformative potential,” Kusama explained.

Among the key initiatives outlined in the proposal is a collaboration between local and digital universities to establish specialized degree programs in blockchain technology. This aligns with the growing demand for skilled professionals in the rapidly expanding crypto sector.

Furthermore, the proposal calls for substantial investments in K-12 STEM education and workforce training programs. By integrating blockchain into these initiatives, the aim is to prepare a new generation for careers in the emerging blockchain sector.

Recognizing the ongoing challenges faced by the crypto industry in terms of regulation, Kusama's proposal also highlights the need for regulatory clarity. He advocates for clear, supportive regulation, suggesting a regulatory sandbox to allow companies to test their technologies under government oversight.

The crypto hub is projected to contribute significantly to economic growth in the region where it is established. Over the first two years, it could generate $500 million and create 5,000 jobs. Within five years, the project could create 20,000 jobs while adding $2 billion annually to the economy. By this stage, essential facilities and infrastructure would also be in place.

In the long term—five years and beyond— S.H.I.B. could become a global headquarters for blockchain innovation. Once established, it could evolve into a self-sustaining ecosystem, contributing over $5 billion annually to the economy.

Interestingly, Kusama suggests that the S.H.I.B. initiative could be funded through Trump's planned Department of Government Efficiency (DOGE). This adds a playful touch to the proposal, considering the Shiba Inu community's fondness for the cryptocurrency and the meme culture surrounding it.

“It is a path toward developing the sector, not just for Shiba Inu, but for everyone. We can achieve great things together, and this vision could be funded through Trump’s planned Department of Government Efficiency (DOGE).”

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