Will Wyoming Become The Cryptocurrency Capital of the World?
There is a movement out there that you may have heard of: Making Wyoming the "Silicon Valley of Blockchain." While that might be gibberish to some people, it's actually very promising in bringing Wyoming into the 21st century and beyond.
So, what is blockchain? “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.” Say Don & Alex Tapscott, authors of Blockchain Revolution (2016) In laymen's terms, it's a new way of computing that is used primarily in cryptocurrency, and Wyoming is poised to be the perfect place for it to take root.
The other two bills related to blockchain technology have already been passed by the Wyoming senate with a third on the way in this legislative session. The next one is set to make cryptocurrency a legal tender in the cowboy state, which would mean investors who come into the state to work on Blockchain technologies would be able to use cryptocurrency as legal tender while running their businesses.
So, is Wyoming set to become the capital of the world in blockchain and cryptocurrency? Only time will tell, but the future is looking pretty bright.