Nevada To Pass Bill That Does Not Tax Blockchain TechnologysteemCreated with Sketch.

in #cryptocurrency7 years ago (edited)

I recently watched a video about Nevada's Senate Bill 398 that seems to prohibit taxes on blockchain technology. Below is the bill and the video. I'd recommend watching the whole video.

Link To Bill

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Yes!!!!! Taxation is THEFT!

Funny how many libertarians / volunteerists we find in crypto.

Indeed, legalized theft - unlawful.

What's bad about the vote, @protrado?

I may have to leave ARIZONA and move to Nevada and get more Crypto's because of this New Law..........Less TAX and more FREEDOM

Tax...just legal slavery.

Great news!

Other states need to wake up and take advantage of the opportunity to become hubs of innovation. Those states/nations that don't will take a back seat to those that do. We've yet to see bitcoin or not infinitely supply scheduled crypto's primary use case, specifically a hedge against hyperflation during a global recession. It's coming, innovate & accomodate or be left in the dust with your regulations and ponzi entitlements.

yess thats what im talking about thinking of moving to Nevada now haha thanks for the info

Awesome info for newbes like me...
Thanks,,, resteemed, & up-ed

Beautiful, the decentralized aspect of blockchain is not being compromised or restricted!

That will give crypto a new boost in common adoption!
Amazing!

Maybe related to casino industry eventually incorporating it? Or like your saying maybe new companies locating here like Tesla...

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