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Bitcoin is a great export product for Iceland. Their biggest disadvantage is being so remote from the rest of the world, so the ability to produce something loc
by bmcusick 9y ago
Bitcoin is a great export product for Iceland. Their biggest disadvantage is being so remote from the rest of the world, so the ability to produce something locally that has zero shipping costs isn't one to be missed. It's effectively a way of turning local geothermal power into money, providing tax revenues to all sorts of services.