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    Author Topic: Dubai( Re: Bitcoin in Honduras' new charter cities)  (Read 2017 times)
    evoorhees (OP)
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    December 08, 2011, 03:40:03 AM
     #1

    That's extremely exciting to the extent that it starts occurring. Keeping my eyes on this.

    A case study in similar rapid development would be Dubai's free-zones, which spurred the dusty town into a global city of over a million people in a decade.

    The winning combination:
    1) Zero or near-zero taxation
    2) Respect for and protection of private property rights

    I have no doubt Bitcoin will find its way into free Honduran cities if they develop in such a way!
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