It’s the rise in Bitcoin nomadism. The appeal of Bitcoin nomadism has risen in popularity over the last few years as the growth in the Bitcoin economy has enabled more people to choose their own adventure around the world, taking advantage of bitcoin’s phenomenal rise in purchasing power. We see more services catering to Bitcoiners who want to receive sats or spend sats in easier ways around the world, as well as services facilitating Bitcoiners to “buy their way in” with residency or citizenship of another country.
While the appeal of traveling might have diminished because of travel restrictions, COVID-19 testing, quarantine and so on, there’s still a considerable rise in the net benefit of traveling. Why do people do it? For some, it’s increased freedom, for others it is reduction in cost of living and taxes, and for others it is the variety of experiences and cultures. Some Bitcoin nomads relish the opportunity to build skills and networking opportunities in digital nomad and expat circles around the world.
For my part, I was thrown into this life because of not wanting to be stuck in Australia at a time when the nation’s bureaucrats and politicians went power mad. Sadly, much of the population was docile and living in fear. So, for me, it represented an opportunity to get away from that, and instead stay closer to Bitcoin community events with the advantage of meeting in person. While it can be stressful at times, the increased freedom has been worth it.
Let’s talk about some of the pros and cons for Bitcoin nomadism, and I’ll then share some tips I’ve learned along the way.
The Pros To Bitcoin Nomadism
You Could Go To Countries With Dramatically More Freedom
Instead of staying stuck in a hysterical
