The 21st Century Digital Currency Arm’s Race: America’s Only Hope?
So, let’s be clear: 56.7577° N, 86.4196° W and 40.4230° N, 98.7372° W. In the former geographical coordinates, Bitcoin is free of banking regulation. However, in the latter, Bitcoin is not free from banking regulation.
The case grows increasingly murky in 32.9043° N, 110.4677° E, otherwise known as China. Perhaps the geographical coordinates of 35.1234° S, 71.5720° W – that is Chile – will keep with their recent history of laissez-faire economic policies and be kind to Bitcoin.
Or maybe one with bitcoins would be best off at 18.1667° S, 178.4500° E, far away from civilization in Fiji. (more…)