Nevada and Blockchain (aka bitcoin) Regulations
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).
Quote:
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.
More: https://bitcoinmagazine.com/articles...n-legislation/
https://www.youtube.com/watch?v=hEYcqGJyhRM&t=27s
Re: * Nevada and Blockchain (aka bitcoin) Regulations
Quote:
Originally Posted by
tsptalk
Why do you consider it suspicious in a way?
Re: * Nevada and Blockchain (aka bitcoin) Regulations
The NEW USA Currency!!! The Dollar is on the way out.
Re: * Nevada and Blockchain (aka bitcoin) Regulations
Quote:
Originally Posted by
userque
Why do you consider it suspicious in a way?
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?
Re: * Nevada and Blockchain (aka bitcoin) Regulations
Quote:
Originally Posted by
tsptalk
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?
Ok. I see your point now...and I agree.
