Tag: State

A New Bitcoin World

Wyoming Senate Passes Bill Recognizing Cryptocurrency as Money

Wyoming Senate Passes Bill Defining Cryptocurrency as PropertyThe Senate of the U.S. state of Wyoming has passed a bill which defines cryptocurrency as property and establishes rules including for allowing banks to provide crypto custodial services. For secured transactions, however, the bill recognizes cryptocurrency as money subject to some of the same rules as money in the state. Also read: Indian Supreme Court Moves […]

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February 2, 2019 0

Wendy McElroy: Crypto Is a Revolution of Hope – Which Is Why It Succeeds

Crypto Is a Revolution of Hope - Which Is Why It SucceedsThe Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 10, Part 3 Crypto Is a Revolution of Hope, Which Is Why It Succeeds The abolition of the market means not only that the consumers—that is all members of society—are robbed of virtually all choice of consumption and all influence over […]

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September 8, 2018 0

New York Approves New Electricity Rates for Crypto Miners

New York Approves New Electricity Rates for Crypto MinersNew York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs.” Also Read: Cash […]

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July 14, 2018 0