Nevada Takes a Chance on Pro-Blockchain Legislation
This is kind of interesting, and suspicious in a way. If I understand this correctly, Nevada has now taken authority / regulation away from local governments for businesses in their state that use blockchain technology (crypto-currencies).
More: https://bitcoinmagazine.com/articles...n-legislation/Nevada thus becomes the the first U.S. state to approve legislation blocking local government entities from taxing, licensing and imposing other requirements on blockchain use.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
The NEW USA Currency!!! The Dollar is on the way out.
I don't know... there's something strange about the Nevada legislature voting unanimously to do away with regulation / taxes for this particular technology.. Something seems fishy. They must have had good lobbyists, or someone's pockets are getting filled?
You can open up a souvenir shop on the strip in Vegas and only take bitcoin and not be subject to taxes or local regulations? Doesn't that seem odd? What's the incentive?
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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