GRAND CAYMAN OF THE BLOCKCHAIN?

in #cryptocurrency7 years ago (edited)

Video discussing a crypto friendly house bill being sponsored in the state of Wyoming by several representatives.


What do you think about this bill and how could it influence legislation in other states who seek the economic benefits of blockchain technology? Leave a comment below.

Wyoming. The Grand CAYMAN of Crypto?
https://www.reddit.com/r/btc/comments/7tx7gs/wyoming_the_grand_cayman_of_cryptocurrency/

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I love your voice... I can see you in sport commentating, lol.

Something like a Buffer brothers.

Looking forward to that video about the steambottracker and the ROI.

I'm new here on Steemit, so it could really helpful to me and other newbies.

Satoshi's big cousin aka the Bruce Buffer of crytpo welcomes you @croata to STEEM. keep kaBOOMIN over there!

KABOOM !!!
ALL THE CRYPTO MANIACS OUT THERE!

way to keep us up to date, thanks! I LOVE that there are still forward-looking people in congress who recognize blockchain is different and laws should protect early adopters/investors, not penalize them. Good news is always welcome!

Wish FL would pass a pro-crypto law lol
We don't have a state income tax, death tax or tax on assets like vehicles.

I believe Nevada or Arizona has pro-crypto laws as well.

Champagne, good post.
This is bill is part of a three-bill proposal according to the post by two of the WY representatives: https://www.coindesk.com/haven-blockchain-case-wyoming/
“The goal of this legislation is to allow the official record of ownership and the official record of changes of ownership to exist on a blockchain. Eventually this will allow the State, counties, municipalities and businesses to eliminate paper trails such as deeds, titles and receipts.”

Decentralized, in this case, defintely doesn’t mean autonomous.

So this is essentially a: You-can-use-your-blockchain (BC)-technology-just-let-us-know-everything-about-it-so-we-can-regulate-your-successs.

Similarly, you can listen to your Rock music, but just outside in the garage and don’t turn it up to loud.

States pass their legislation. What does the Fed say? I’m all for making the BC speak, but politicians writing to promote their bills on a crypto-friendly website is suspect at best.

More power to the BC: don’t ask us to say our crypto isn’t an imvestment, when many of us holding DEFINTELY see our crypto as an investment for the long and short.

Bear or Bull, I’m a CryptoManiac!

Your energi is really give others positive engergi.
Ceep Upp whit the good work. Wr are with you.

@champagnecrypto I support anything that furthers the fact that Crypto is accepted over FIAT Dollars in the Future.

They are just printing up the tethers and manipulating the market!
although there is only 2 billion tether and in the grand scheme of things 2 billion in a 5-600 billion market really shouldnt have that much effect.. if any...
Its all just manipulated speculation to keep the wales BOOMIN money cash grab going!!
My 2 cents anyways!

This is a great news ... thanks for sharing man

Putting more things onto a blockchain will only help the people and keep all the bs to a minimum. i do believe that most of the states will follow suite.
Thanks Champ!
Nui Z.

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