Has the world of crypto turned into a battlefield?

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(Edited)

American politicians have began to adopt cryptocurrencies at an growing rate, specially in the current period, and it can even be stated that it has turn out to be a fashion.

With the digital asset enterprise rising as a new battleground for crowd influence, and in the previous week alone, 4 US mayors have introduced that they will be given their Bitcoin salaries.

It all began with Miami Mayor Francis Suarez saying that he would receive his next 100% salary in Bitcoin.

In a tweet Conger posted on Thursday, he said that although metropolis legal guidelines prevent him from accepting bitcoin directly, he will immediately convert his next salary to bitcoin.

With the improvement of the cryptocurrency landscape, it is clear that politicians in these regions are taking steps to influence the crypto industry.

Crypto metropolis in the United States of America:
There is a unexpected make bigger in demand for masters of the cryptocurrency sector, as jobs in the industry are swiftly booming.

Citing LinkedIn data, Bloomberg stated that New York, San Francisco and Los Angeles have the largest share of crypto-related employment this 12 months in 2021.

It is followed by using metropolitan areas such as Miami and Chicago.

Interestingly, the enterprise is now not as centred in one core as finance in New York, technology in San Francisco and videos in Hollywood.

Diogo Monica, co-founder of Anchorage Digital, advised Bloomberg:

Crypto businesses are an excessive model of technology, the place the ethos of their business revolves round decentralization.

This potential that cities and nations with low taxes, excellent infrastructure and quick get admission to to an global airport will gain from working totally remotely.

Miami Mayor Francis Suarez has spoken a lot about making the metropolis the crypto capital of the world.

He believes that unique components of the United States will naturally have a competitive advantage. Suarez added:

Cryptocurrency miners are moving to areas the place there is an abundance of inexperienced energy.

On the other hand, cryptocurrency organizations are establishing their base in city areas.

It will be interesting to see which American city will emerge as the capital of cryptocurrency in the future.


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By @natalia-irish

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