I just discovered that if I rank-up to senior member, my campaign income might be able to live a modest life in Georgia, Eastern Europe. Georgia has a cost of living that is extremely affordable. The currency of Georgia is the Georgian Lari (GEL) and 2.94 Lari can be exchanged for $1. The average living costs in Georgia capital city-Tbilisi according to
educations.com for one person in its capital Tbilisi is about 1280GEL (US$415) a month and my campaign signature can give me a monthy revenue of about $220.
I intend to share a room with a student or tourist which would save me $185 since the monthly rent for a 1 bedroom apartment is1140GEL ($370). I can even save more money if I decide to stay in hostel accommodation or shared rooms for international students or tourists which cost less than $100 per month. The average utilities’ cost of 210GEL ($70) would also be divided into two making me to pay just $35. Hence I might end up spending just $195 per month or less.
One of my greatest barrier would be language because getting accommodation might difficult since I do not speak either Georgian or Russian. But I intend to engage the service of a private rental agency to secure accommodation before my arrival. Another challenge would be Georgia’s cash-driven society but there are more than
20 crypto ATMs in Tbilisi for converting smaller amounts for residents. But the fees for this service are high and some are not effective. But for non-residents of Georgia, one can exchange Bitcoin and have it deposited directly to any international bank account that accepts SWIFT transfers, in USD or GEL.
I am choosing Georgia because owning and trading Bitcoin is legal. Also tax rates on gains for individual traders are 0%. Bitcoin mining cost is cheap and there is available hydroelectric power and a lack of government regulation. Hence, I can build a career there. Apart from the favorable conditions it offers to Bitcoin, Georgia is a Beautiful and wonderful place to live.