Is New Hampshire the Blockchain Capital of the World? – The Cointelegraph

The state of New Hampshire could easily be hailed as the Bitcoin capital in the world as of mid-2017. The state’s new accolade is credited to the great libertarian migration of the 21st century.

During the migration, thousands of libertarians have left their countries to escape their oppressive political masters.

In their search for a new home, they find peace and prosperity in the tax-free and freedom-loving state. These migrants are also among some of the major users of the Bitcoin platform to send money to their families back home.

Booming cryptocurrency market

Based on a report by Overstock, one-third of their total orders on the day they began to accept Bitcoin as payment was from New Hampshire.

The possible reason for this is that New Hampshire is the only state in the US that excludes cryptocurrency businesses from registering as money transmitters.

This policy has attracted such job-creating startup companies such as LamassuLBRY and AnyPay.

More at: Is New Hampshire the Blockchain Capital of the World? – The Cointelegraph

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s