While New York Inc and California Inc are attempting to literally franchise digital currencies with “BitLicenses” for a Fee, limiting digital rights, Nevada supports Digital Currencies. Nevada is similar to Delaware in their open franchising and friendliness of and to “in/sub-corporations.”
This could make Nevada a hub for blockchain startups and it certainly offers agorist opportunities. In this video, Vin Armani examines a brand new law in his home state of Nevada that creates a free-trade zone for cryptocurrencies and other blockchain applications exempting them from regulations. The law prohibits taxing and regulating blockchain businesses.
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Vin Armani is an entrepreneur, the host of The Vin Armani Show on Activist Post, and co-founder of agorist newsletter community Counter Markets. Follow Vin on Twitter and subscribe on YouTube. Get the weekly podcast on iTunes or Stitcher. Vin is available for interviews at email – Vin (at) VinArmani.com.