New York To Vote On Banning Proof Of Work

The State of New York is going to vote this upcoming week on the banning of POW mining in the state. If it becomes law, this would be the first state to take suck action.

In this video I discuss how this is a sign of a bigger move: the globalization of real estate. As mentioned in the past, with more of our world going digital, physical location is less important. Governments are going to have to compete for people (and their incomes). This is just another situation where politicians can push operations (and profits) elsewhere.

Here is the articles discussed in the video:

https://en.ethereumworldnews.com/new-york-vote-on-crypto-mining-bill-could-become-the-1st-us-state-to-ban-bitcoin-mining/

• The Globalization of Real Estate