NY Cracking Down on Bitcoin Businesses – NH Welcomes You!

Especially if you love liberty, you’ve got to get out of New York now, while you still can. The so-called “bitlicense” has taken effect in New York and it’s instantly stopping small businesses from being created or driving them out of the state entirely.

To be clear, according to the NY state gang’s own website, businesses who accept bitcoin for payment for product and service do not need to get a bitlicense, but if customers can’t get bitcoin because NY has made it insanely difficult to buy and sell bitcoin, what good is it to accept them?

New York is doing their best to strangle the nascent bitcoin marketplace before it gets out of the cradle. Now only the most obedient and wealthy companies will be able to buy and sell bitcoin in New York. It’s protectionism all the way, and it’s likely not going to get any better for the little guy.

In contrast, New Hampshire has somme of the biggest bitcoiners in the world that are participants in the Free State Project and have moved or will be moving here once the project reaches its goal of 20,000. The FSP even put up a special page on their website touting some of the reasons why New Hampshire is a destination for the bitcoin and liberty-loving community.

Since the publication of that list, New Hampshire has become the only place in all of Northern New England (VT, NH, ME) that has a publicly accessible Bitcoin Vending Machine (sadly, BVMs are closing down in New York). It’s at 101 Deals Thrift Store and besides Boston, the Keene BVM is the only option in the region. The Keene Bitcoin Vending Machine is a community service operated by the Shire Free Church. Where will the next BVM pop-up?

No one should really be surprised about the bitcoin crackdown in New York. They call it the Empire State for a reason. The Mercatus Center annual study on the freedom of the fifty states continues to rank New York at #50, below the awful California at #49.

If you love bitcoin and liberty, you should move to New Hampshire. Here’s how to join the Free State Project.