Crypto near the tropics – Bitcoin cash (BCH) is possibly the minority branch that emerged from the Bitcoin scalability debate (BTC), but it still remains far from being any forgotten cryptocurrency in a lost corner of the cryptosphere. Bitcoin Cash in particular has many fans in the Caribbean. He even enjoys strong support from an important political figure on one of the islands in the region.
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Journey to Bitcoin Cash (BCH) Heaven
People’s United Party leader and St. Maarten Member of Parliament Rolando Brison announcement in a tweet of March 19, 2022, that he became that day, “the first elected in the world to receive your entire salary in #Bitcoincash “. St. Maarten is the Dutch part of the island of Saint-Martin, whose northern part of the same name is French.
Rolando Brison receives his entire salary in bitcoin cash as his “country moves more and more towards the use of cryptocurrencies and blockchain”. The parliamentarian believes that Saint-Martin can become the ““crypto capital of the Caribbean”, if we continue to innovate and adopt cryptocurrencies and all the advantages of blockchain technology”.
The Caribbean is seeing a growing adoption of cryptocurrencies and especially bitcoin cash. According to data from map.bitcoin.com, hundreds of merchants are accepting there the bitcoin cash for payment of goods and services.
Rolando Brison does not just receive his salary in bitcoin cash. He wants to put in place a regulatory framework favorable to the development of cryptocurrencies in St. Maarten. He believes that the latter must “create legislation to make cryptocurrency transactions even more efficient and valid”.
Rolando Brison would also have begun to study a law whose objective would be to make bitcoin cash legal tender. He also wants to exempt BCH and non-fungible token (NFT) transactions from capital gains tax.
The cryptocurrency-friendly Caribbean environment is yet another reason to stay on these islands – must we necessarily add the qualifier “paradise”. The Caribbean islands aren’t the only destinations where cryptophiles can sunbathe – even if it means going into clichés – while working on crypto projects. Tahiti is also an exceptionally welcoming land for bitcoin fans. and his cadets.
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