Digital Nomadism

The Rise Of Bitcoin Nomadism: Is It Right For You?
By Stephan Livera

Bitcoin nomadism has been on the rise — with the appealing lifestyle of Digital Nomads, as it is shown in social media, the bitcoin economy has enabled more people to choose their own adventure around the world, taking advantage of bitcoin's phenomenal rise in purchasing power. Whether the purpose is for exploring the world or escaping from specific regulations and jurisdictions, the article discusses what the pros and cons of this lifestyle are, and how bitcoin can help facilitate parts of the challenge:

Pros To Nomadism

• Move to jurisdictions with more freedom
• Potential tax savings
• Geo-arbitrage your way to a lower cost of living

Cons To Nomadism

• Limit to "strong" passports
• Can be stressful
• Path isn't entirely laid out.
• There are trade-offs: Life quality, language, access to products or services

Bitcoin nomadism isn't clearly for everyone, but it is important to be aware of the possibilities, as there could be a time in life that you may see it as necessary. As bitcoin continues to appreciate in the long term, it will expand the possibilities for many to have the freedom of choice.

How Should A Nation State Hold Bitcoin?
By Thibaud Maréchal

Currently, El Salvador is the only country that recognizes bitcoin as legal tender and has officially added the digital currency to its treasury. However, as time goes by, more Bitcoiners will get elected to be presidents or representatives and it is only a matter of time for the cryptocurrency to become a recognized asset in most countries’ reserves.

With the surge of mobile wallets, hardware wallets and even custodian services, holding bitcoin has become an easy task for individuals, independent of their technological knowledge. However, when it comes to a whole nation, safely storing bitcoin keys is a novelty and there are a lot of matters to consider. Representatives change periodically so trusting them with the countries' keys wouldn't be wise and geopolitical risk makes custodian services a vulnerability. 

In this article, the author discusses some technical ideas that future nations adopting bitcoin could use when the time comes. 

THE DAILY BITS

AGAINST WORLD ORDER

How Bitcoin Goes Against The World Order
By Anda Usman

A feminist coalition fighting against government tyranny, an expatriate worker trying to send money back home and companies trying to import goods in a developing country have more in common than what most people might think. They are all prone to being victims of the current global financial system's absolutism  — Nigerians know that pretty well. 

Banks, government and mainstream media seem to be working together to prevent people from receiving donations if it's for a cause that goes against them. Even simply doing business with certain countries or sending money to your family overseas — by seizing bank accounts, legislating or overtaxing and reporting misleadingly, they stop you. Fortunately, Bitcoin is rewriting the rules of finance and the rules of the economy as we speak — it is unstoppable, censorship resistant and gaining popularity by the day.

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