Re: Two Years Ago, Bitcoin Was Over $19,000

Quote from: CthulhuDawn on December 19, 2019, 04:11:55 AM

An even more far-fetched idea, maybe establish a town that uses bitcoin as the only accepted currency? That will be awesome! Maybe cause I am still new to the scene, I find the possibilities extremely exciting.

this "crypto utopia" idea where bitcoin would underpin a city keeps resurfacing. the first iteration, bitcointopia, turned out to be a real estate fraud scheme. https://www.sandiegouniontribune.com/news/courts/sd-me-bitcointopia-20181104-story.html

a guy named jeffrey berns bought 67k acres of land in nevada and claims to have invested $300 million towards his plan.
https://www.nytimes.com/2018/11/01/technology/nevada-bitcoin-blockchain-society.html

building it in the middle of nowhere seems ill-advised to me.