IS THE USA CRYPTO FRIENDLY ?
Wherever you live in the world, the ability to interact with crypto put a great deal on how you plan your day. When you look in the Hive community, we have Hivers all over the world. I am in the state of Florida. I know Hivers all over Africa, Europe, Venezuela. These days the opportunity crypto offers cannot be ignored. While it may sound easy for some, it is hard for another.
Just in the US alone each state approaches crypto in a manner that could be detrimental for the end user. From afar it looks easy for the US to use crypto. Deep inside the fundamental problem is everywhere. It is almost impossible to use the regular Binance exchange in the US. You have to use Binance.us. New York state does not give Coinbase the same rule like in Florida. You heard about the new Mayor for New York city, he wants to make the city crypto friendly.
Florida is doing something that seems rewarding. This year alone we have a big event in Miami. The Mayor of that city wants to pay his employees in crypto. Somehow he is on the news for quite sometimes.
Miami Heat arena has changed to FTX arena. It is not about where is crypto, crypto is among us for good.
How about #miamicoin? Just check you can get it from #OKcoin. You can mine it too. I will be looking to see the evolution of this coin. I do not live in Miami, I am further north. After all it is crypto.
Other States are looking to participate and generate income that way. While money is universal it appears anyone can participate and find reward with crypto. The number of states mingling with crypto is growing month by month. In my mind I thought Florida was on top of the list as state with the most interest. Florida is at 7 while California is at number one. When it comes to generate income there is no party, democrat or republican, they all want to bring more taxes to their coffers. Money talks or crypto talks.
While New York has restrictive laws against crypto it is at number 7. Washington D.C. is at number one. Interesting to see the Capital uses crypto so much. Even Georgia stands better than Florida. I think this analysis goes by the population. The three States on top has a lower population than others.
Now the governor of Florida is looking at the possibility to have Florida a friendly place for crypto. Each state is looking at a way to make room for crypto to grow like Texas is pushing for miners to come over. Wherever there is money to be made you will see more of this approach. I find it hard where detractors are saying criminals use crypto more that regular business.
If it is in the blockchain, there is a way to track it and people can see what is going on.
Apart from less corruption, crypto enables ease and speed of getting things done. In the US alone, 28 million give or take are using crypto. This is nothing. So the world population using crypto is only 3.9%, whoa. There is more folks in Africa using crypto than the States. Asia has the most since this is where most people are. No wonder why the abundance is coming in crypto sphere where most of the unbanked will have to use crypto with just a mobile phone.
The US will lag further since the dollar is still king. If you are a holder, you can be sure the penetration of crypto will favor you tremendously. Just imagine another 3.9% jump to crypto.
Keep holding the abundance is coming.
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I think it has more to do with the age demographically. In Florida there are a lot of retired people, who look at crypto like alien money. The younger the average age of the state the higher the percentages will be.
Alien money?? ha ha ha
I agree with you. Sometimes I asked random folks about crypto.
They heard about it, that's it
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It’s true. I bring up crypto around my parents friends they look at me like I’m Captain Kirk….🤣😭😂
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our period of most abundance is approaching, really there are Hivers around the world and we are getting stronger every day it is good to know that the US states are opening up to the world of cryptocurrencies. If we continue like this, our future will be even brighter.
That's right. Time in the market beats timing the market any day.
I think it has more to do with the interests in the people in charge. Most of them don't want change and I think they see things either as an extension to the current monetary system. Anything outside those boundaries probably means they want to crush it. Of course the US is divided so I think there are people opening up to seeing how the current system might not work in the long run.
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