This is something that is becoming a regular occurance. Each week, almost, we see someone who is trying to put his or her state in the ring as a crypto leader. Now we have the State of Okalahoma.
In this video I discuss how a bill is proposed to give all kinds of incentives to move crypto mining operations to the Sooner State. This is just another in a growing list of government entities that want a piece of the action.
▶️ 3Speak
To me I feel it's a smart plan. These miners bring in not only a lot of new age revenue but also build up infrastructure and in many cases they focus on some type of renewable resource as energy prices climb to increase their long term profits.
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here in venezuela they are doing everything possible to keep cryptos contained, most people use them for something and the government gets nothing in return.
It would be beneficial
The miners are a good source of tax revenue so I think it's quite smart of the politicians/governments to support the miners.
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This is amazing and encouraging. Perhaps the states will force the federal government to take a more reasoned approach to this issue of cryptocurrency. or maybe lead the way with facilitory legislation, but I am sure regulatory uncertainty will continue to hamper development and investment.
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