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Sunday, September 29, 2019

Free Staters make Keene NH a 'crypto mecca'

Keene New Hampshire Is Not Only a Libertarian Enclave - It's Also a Crypto Mecca - Bitcoin News - Jamie Redman:

September 6, 2019 - "New Hampshire is well known for having a large number of libertarian residents since the Free State Project (FSP) started a movement of political migration in 2001 [to] the low-population New England state. Libertarians in the region promote free markets, stand against war, and are either completely anti-state (anarchism) or believe in a very limited government (minarchism). Many of these activists who migrated to New Hampshire are strewn across the state but there are dense regions of libertarian proponents in places like Keene, Portsmouth, and Manchester. Due to the vast amount of free market believers, there’s a slew of businesses in places like Keene that accept digital currencies like bitcoin cash. The liberty loving blog, Free Keene, revealed that the Monadnock Decentralized Currency Network managed to persuade a bunch of mom-n-pop shops to accept cryptocurrencies over the years.

"In fact, throughout the lifetime of the Free State’s activism spent bolstering the concepts of liberty and voluntaryism, the people living there have created a cryptocurrency mecca. Free Keene blog author, Ian Freeman (also the co-host of Free Talk Live) explained ... that ... Keene has a wide variety of digital currency-accepting businesses and lots of them use the Anypay payment processor.

"Freeman details that according to data stemming from the Anypay and Marco Coino merchant map there are 15 bitcoin cash-accepting businesses in the region. This works out as a ratio of 'one business for every 1,533 people,' Freeman explained. The Anypay merchant map not only shows people where crypto merchants are located, but also displays when someone purchases something with cryptocurrency....

"The Bitcoin Embassy New Hampshire located in Keene is also well known for its Bitcoin radio advertisements that promote the benefits of cryptocurrencies and free markets. Starting in 2016, the commercials were syndicated on 'The Peak' (101.9 WKKN-FM Keene, 100.7 WTHK-FM Wilmington, VT, and 104.7 W284AB Jamaica, VT) seven days a week from 3pm-6am EDT. 'Bitcoin is a powerful local currency that can also be used internationally. It’s Keene to buy local, and Bitcoin empowers local business owners to keep more from each sale, rather than sending 3% outside of the area to credit card companies,' the radio ad’s message said.

"More recently, due to the frictionless and low network fees on the Bitcoin Cash network, activists in Keene have been opting to use and promote BCH regularly. Last summer, Freeman helped launch a new website called Cryptotip.org that creates cryptocurrency tips from bitcoin cash (BCH) and dash, making it easier for residents to tip people in sound money.... The cryptocurrency Dash has a decent-sized following in Keene too and many Dash supporters live in the FSP region.

"The ... Free Keene blog explained ... that 'Keene and Portsmouth, New Hampshire are two hotspots in the world of cryptocurrency'.... Alongside being a crypto mecca, Keene and New Hampshire also have a lot more to offer to people who are interested in libertarianism and plan to join the ongoing NH Freedom Migration."

Read more: https://news.bitcoin.com/keene-new-hampshire-is-not-only-a-libertarian-enclave-its-also-a-crypto-mecca/
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