As we know some countries like El Salvador with their Bitcoin City, Vanuatu with Satoshi Island or UAE try to make global centres of crypto with fovorable pro crypto laws and low or no taxes.
It sound like good idea, simmilar to Sillicon Valley of computer tech, glassmaking in Republic of Venice, Hollywood for movies or old medieval trade centres or XIX century mining/ industrial regions. Some industry concentrated in small place usually lead to innovation, progress and a lot of money to make. Those new places can be for crypto the same Wallstreet is for stocks. Huge opportunities for those that know how to use them, XXI century gold rush.
Ofc a lot can go wrong too, we have many examples of simmilar places in the history that failed to achieve concentraction of some industry and were forgotten. Maybe some of those will fail too. New government, some local problems, war or simply failing economy in one of those places can lead to it being just idea on paper nothing more. But most likely one of those or maybe somewhere else we will see "Crypto City" in next 10/15 years.
Personally I would love to live in place like this. I am tired of political and ideological discussions in most of the countries, social and cultural problems, so living in place where crypto and technology are on 1st place would be refreshing.
Just imagine city full of crypto millionaires, tech companies, where people work on AI, metaverse and robots. Nightmare for some people, but opportunity and dream for other. I have mixed feelings about modern technology, it is used to control and manipulate people by most governments and media, but if place where it is used for progress would exist I would love to be part of it.
Only problem in my opinion would be that city like that would be expensive, perfect for crypto milionaires, not the best for random person. But New York, London or Dubai are simmilar in this aspect. Every big city have it's own problems. Advantage is that by making new Crypto City from scratch we could make it more green, have more effective public transport, with no old buildings, more electrically effective, beautiful in design. Ofc I am not rich enough yet to live in such place, but if I will be able to retire with crypto living in crypto tax heaven full of simmilary minded people would be a dream.
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