Countries have a choice to accept a future with Bitcoin or fail

 

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Bitcoin doesn't care what the US or any country does to try to regulate or restrict it. 2020 lockdowns ironically normalized geographic mobility because of forced remote work. Smart money and talent has been leaving high-tax, high-regulation countries over the last year and a half.

We'll start to see more tech companies that are run by expats and HQ'd in regions like Eastern Europe, South America, and the Caribbean. A handful of them will become multi-billion dollar unicorns and a wave of investment capital will flow into those regions.

"Legacy brand" countries like the US will have to make a choice on how they treat Bitcoin. Countries that refuse to embrace Bitcoin and decentralized technologies will gradually decline just like companies that refused to embrace the internet 20 years ago.

submitted by /u/huge_dingus
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247 Bitcoin

Bitcoin & Crypto & NFT News

247 Bitcoin -1 Bitcoins -247 BTC - 1 Crypto - Kryptous

1 News - 247 News - 1 Search - 1 eBooks

 

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