For crypto enthusiasts, choosing a location to live in that supports an ideal lifestyle extends beyond searching for a city with a high number of shops and retail outlets that accept crypto.
Sure, any crypto enthusiast will benefit from living in an area with easy access to crypto-related amenities. However, as the world of crypto evolves and more crypto debit cards appear, crypto enthusiasts are realizing that direct crypto spending is not the only factor to consider when choosing a place to call home. The political stability of the location, the weather and internet broadband speed are some of the critical considerations for crypto enthusiasts looking to become global citizens.
In a conversation with Cointelegraph, Juan Otero, the CEO of Travala.com — a crypto-friendly travel booking service — said that nowadays, cryptocurrency enthusiasts have embraced a nomadic decentralized way of life, as cryptocurrencies allow them such levels of freedom. With regulation in mind, Otero pointed out that Japan, Switzerland and Singapore are top choices for those looking for jurisdictions with progressive crypto regulations.
Popular crypto YouTuber moved to Saipan
Just recently, a crypto YouTuber by the name of Vin Armani, who is known for founding CoinText and also for being a former star on Showtime's Gigolos, moved out of the United States to Saipan with his entire family. In a tweet and subsequent conversation with Cointelegraph, Armani pointed out that his move to relocate out of the U.S. was due to the fear of being labeled undesirable by the totalitarian tyranny that he predicted was about to happen as a result of the coronavirus pandemic.
Located in the U.S. commonwealth of the Northern Mariana Islands, Saipan boasts of a population of just 52,000 people. Also, the country's proximity to the U.S. makes it an ideal location to be. Like some other members of the crypto Twitter community, Armani is concerned that the government could soon overstep its authority and use technology to restrict the use of crypto. This, he says, can be done through contact tracing technology currently being used to track down and isolate individuals infected by the coronavirus.
Armani also said in a twee ...