The Competition For Bitcoiners Between Nation-States Is Heating Up

At the Bitcoin Amsterdam conference this month, government agents took center stage, telling individuals to come and see for themselves how bitcoin adoption is impacting their countries. Along with Russian business people fleeing their homeland for more secure shores, less rich folks are now likewise getting a second passport.Image source: Bitcoin AmsterdamKatie prompted the audience to “Take the bitcoin cash state of mind to citizenship,” implying hedge your options, secure your freedom and stay sovereign.The Race To Attract NomadsConsider this. It is developing a Bitcoin City– no earnings tax, no residential or commercial property tax, no payroll tax and it has volcano-powered bitcoin mining infrastructure.As the story of El Salvador shows, technical cliches are common, particularly throughout the preliminary rollouts. Be truthful about risks, such as bitcoins volatility versus fiat currencies.Find a magic dish to marry bitcoins decentralized viewpoint with a need for central federal governments strong push for the needed legislative and structural modifications. At times, historical movements begin little, be it on a beach in El Salvador or with initiatives like Bitcoin Beach Brazil and Bitcoin Jungle Costa Rica.

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At the Bitcoin Amsterdam conference this month, government agents took center stage, informing people to come and see for themselves how bitcoin adoption is affecting their countries. Be truthful about threats, such as bitcoins volatility versus fiat currencies.Find a magic recipe to marry bitcoins decentralized viewpoint with a requirement for central governments strong push for the necessary legal and structural modifications. At times, historic movements begin small, be it on a beach in El Salvador or with initiatives like Bitcoin Beach Brazil and Bitcoin Jungle Costa Rica.