Why State Is Experiencing Bitcoin

Last Updated on March 1, 2023 by Paganoto

Why New York State Is Experiencing a Bitcoin Boom

Cryptocurrency miners are flocking to New York’s faded industrial towns, prompting concern over the environmental impact of huge computer farms.

How Bitcoin Strengthens the State – Palladium

The success of Bitcoin and its adoption by nation-states opposed to the current global-order of debt financing signals that it might be …

Why Governments Are Wary of Bitcoin – Investopedia

In its current form, Bitcoin presents three challenges to government authority: it cannot be regulated, it is used by criminals, and it can help citizens …

Crypto's state-federal 'flippening'- POLITICO

So far, states like Wyoming and Texas, and some cities, have been the ones passing laws encouraging cryptocurrency activity. Federal lawmakers …

Bitcoin And The Internet Are Bringing The End Of Nation States

The more that blockchains power the economy, the harder it will be for nation-state governments to track all of these money movements, and the …

Mayors: Cryptocurrency won't solve your cities' problems

Even so, local leaders should be aware that crypto is rife with scams. The Consumer Financial Protection Bureau has reported an increase in …

El Salvador bitcoin experiment not saving country's finances

The government’s crypto coffers have been cut in half, bitcoin adoption nationwide isn’t really taking off, and crucially, the country needs a …

State-sponsored cryptocurrency | Financial services – Deloitte

Many of today’s payment systems are considered slow, error prone and expensive realtive to performance in other high-tech industries.

State-sponsored cryptocurrency – Deloitte

The foundation of a state-sponsored cryptocurrency would be much like Bitcoin – individuals or companies would utilize computer-generated public “addresses” to …

Could States Cash in on the Cryptocurrency Craze?

But Bitcoin is not legal tender — required by law to be accepted as payment — so the grounds for constitutional arguments are squishy.

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.