To the Governor: Wyoming Passes Bill to Exempt Cryptocurrency from Property Taxes; Encourage Use and Help Undermine Federal Reserve Monopoly on Money

CHEYENNE, Wyo. (March 7, 2018) – Today, the Wyoming House unanimously passed a bill to exempt cryptocurrency from property taxes. The proposed law would expand the of use digital currency and help undermine the Federal Reserve’s monopoly on money. A bipartisan coalition of six senators and representatives introduced Senate Bill 111 (SF111) on Feb. 14. The legislation…

Continue ReadingTo the Governor: Wyoming Passes Bill to Exempt Cryptocurrency from Property Taxes; Encourage Use and Help Undermine Federal Reserve Monopoly on Money

Wyoming Senate Passes Bill to Exempt Cryptocurrency from Property Taxes; Encourage Use and Help Undermine Federal Reserve Monopoly on Money

CHEYENNE, Wyo. (Feb. 28, 2018) – Yesterday, the Wyoming Senate passed a bill to exempt cryptocurrency from property taxes. The proposed law would expand the of use digital currency and help undermine the Federal Reserve’s monopoly on money. A bipartisan coalition of six senators and representatives introduced Senate Bill 111 (SF111) on Feb. 14. The legislation…

Continue ReadingWyoming Senate Passes Bill to Exempt Cryptocurrency from Property Taxes; Encourage Use and Help Undermine Federal Reserve Monopoly on Money

Iceland may use more electricity mining bitcoin than powering homes this year

"Data centers may use more energy than all of the country's homes in 2018, Johann Snorri Sigurbergsson from Icelandic energy company HS Orka told the BBC. Bitcoin mining thrives in Iceland, where energy is cheap, and internet connections use super fast fiber-optic networks. Additionally, Iceland's cold climate plays an important role in ensuring crypto utilities don't overheat."

Continue ReadingIceland may use more electricity mining bitcoin than powering homes this year

Wyoming Bill Would Exempt Cryptocurrency from Property Taxes; Encourage Use and Help Undermine Federal Reserve Monopoly on Money

CHEYENNE, Wyo. (Feb. 16, 2018) – A bill filed in the Wyoming Senate would exempt cryptocurrency from property taxes. The proposed law would expand the of use digital currency and help undermine the Federal Reserve’s monopoly on money. A bipartisan coalition of six senators and representatives introduced Senate Bill 111 (SF111) on Feb. 14. The legislation…

Continue ReadingWyoming Bill Would Exempt Cryptocurrency from Property Taxes; Encourage Use and Help Undermine Federal Reserve Monopoly on Money