Argument för och emot bitcoin och bitcoinisering

For years, government officials from such disparate places as the Wyoming state capitol to city hall in Miami have been jockeying to lure the crypto and blockchain industries to their communities. With the potential to become a major port of passage for the ever-growing digital assets space, just as Silicon Valley has been for big tech and New York has been for big banking, the allure of creating a crypto capital in the U.S. is obvious. So, mayors, governors, and lawmakers have all taken to making their pitches: Lower taxes, friendlier regulations, warmer temperatures. The list goes on.

But there’s evidence that New York City, the epicenter of old finance since the days of the Buttonwood Agreement, may be starting to pull ahead.