After hearing from multiple NH bitcoiners in the committee meetings, state representative Barbara Biggie stepped up and filed this bill. As Darryl and I pointed out at the hearing, the bill as filed wasn’t quite what we’d hoped for. It created a new definition and exemption for “virtual currency” in the statutes, but still left in statutes a definition and regulation for “convertible virtual currency”. We explained to them that this was confusing and they should be striking the regulation for “convertible virtual currency” rather than creating the additional terminology.
You know what? They listened AND did us one better! The commerce committee amended the bill and turned it into the best possible protection for bitcoin businesses in New Hampshire!
This is further proof of the effectiveness of the active, growing libertarian migration to New Hampshire, many of whom are bitcoin/crypto enthusiasts. Thanks to the liberty activists here, we have several Bitcoin Vending Machines spread across the state, Keene has more bitcoin-accepting businesses per capita than anywhere in the world, crypto meetups happening statewide every week, and now this excellent crypto protection from the state government.
Things are only going to get better here and more free as more people who love liberty and cryptocurrency move here. If you’re not already planning your move, you really owe it to yourself to spend an hour and watch this documentary, “101 Reasons Liberty Lives in New Hampshire“. You can connect with people who are planning to move and those already here over on the Shire Forum, which has crypto-related subforums. Please stay tuned here to Free Keene for the latest on the cryptocurrency scene here in the Shire.
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