Libertarian Migration: The Bitcoin Boost
In the mid-2017, New Hampshire made a curious claim to fame: it became the potential Bitcoin capital of the world. This is largely due to the wave of libertarians migrating to the region, seeking a sanctuary away from oppressive regimes. Picture this: a state filled with freedom-lovers, basking under the tax-free sun while crypto enthusiasts huddle over their digital wallets!
The Cryptocurrency Market is Booming
According to Overstock’s intriguing report, New Hampshire residents were responsible for a whopping one-third of total orders the day the company started accepting Bitcoin. Why? Well, New Hampshire has a unique charm – it’s the only state in the U.S. that doesn’t require cryptocurrency businesses to register as money transmitters! This liberating environment has turned the state into a magnet for startups.
Startup Paradise
- Lamassu: Renowned for its Bitcoin ATMs,.
- LBRY: Pioneers in blockchain publishing.
- AnyPay: Offering innovative payment solutions.
These businesses not only contribute to the local economy but also build a daring community that embraces change and innovation.
Spreading the Word About Bitcoin
New Hampshire’s love for cryptocurrency isn’t just a pastime; it’s a movement! The Monadnock Shopper newspaper added fuel to the fire by publishing an engaging front-page article focusing on blockchain businesses. Meanwhile, entrepreneur David Jurist made his mark with Shire Cryptocoin, a platform dedicated to offering the latest information on crypto activities in the state.
Resources at Your Fingertips
This website doesn’t just stop at news; it serves as a jumping-off point for residents looking to engage with cryptocurrencies. Users can find where to easily spend their digital coins or even trade Bitcoin for other currencies such as Litecoin, Dash, and Ethereum. If that’s not a community embracing digital finance, I don’t know what is!
The New Silicon Valley?
As tech companies start packing their bags for New Hampshire, it seems that the Silicon Valley monopoly might be on shaky ground. Notably, Swarm.City decided to establish its home base in Portsmouth. Could this be a sign that New Hampshire is becoming the new beacon for tech start-ups? Only time will tell, but the buzz around crypto and blockchain is undoubtedly changing the landscape.
Conclusion: A Bright Future Ahead
With a flourishing cryptocurrency market, encouraging policies for businesses, and an enthusiastic community, New Hampshire is primed for the next chapter in the evolution of digital currency. Whether it’s a casual investor or a dedicated entrepreneur, there’s something for everyone. Who knows? New Hampshire might just be the perfect place to kickstart your crypto dreams!
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