|
|
1. Personal voting is often considered a civic duty, but statistically, its impact on election results can be negligible. Research shows minimal differences in policies between Republican and Democratic states in the United States.
2. Despite claims that each election is "the most important in our lifetime" to unite supporters, voter turnout has increased, but meaningful change remains elusive. While political landscapes evolve, public trust and satisfaction with institutions continue to decline, with 70% lacking full trust in the president and 74% believing the economic situation is worsening.
3. In addition to voting in elections, individuals have other ways to influence change, such as "voting" with their money for products and services they value, sending signals to producers. Notable examples include consumer backlash against products like "New Coke" in 1985, demonstrating the impact of consumer feedback.
4. Another approach is "voting with your feet," relocating to areas with cultural environments, economic opportunities, and other factors that better align with personal preferences. During the COVID-19 pandemic, significant population shifts occurred as people left states with strict business and school closure policies.
5. Bitcoin supporters take these actions to another level by fully embracing non-fiat currency. However, challenges arise depending on the jurisdiction they reside in, raising the question of which locations best cater to the needs of Bitcoin enthusiasts.
6. Inspired by various indices, a Bitcoin Index was created, ranking all 50 U.S. states based on factors that Bitcoin holders might prioritize. The index considers categories such as cost of living, business friendliness, monetary freedom, and proactive positioning, with each state receiving a maximum score of 100.
7. The cost of living is estimated based on tax burden, electricity, and housing costs. Business friendliness includes indicators like job rights, business environment, and fiscal stability.
8. Monetary freedom is calculated based on money transfer licensing requirements and mining regulations. Proactive positioning assesses a state's public officials' statements on supporting or opposing Bitcoin.
9. With increasing Bitcoin ownership and improved liquidity, policymakers should consider the needs of Bitcoin holders. The Bitcoin Index aims to guide the Bitcoin community in finding ideal places to live, work, and sustain their families. |
|
Post time 10-12-2023 07:17:10