The Reason Crypto is a Big Deal in Georgia
The country of Georgia is mainly known for its wine, hospitality and most recently, for its blossoming cryptocurrency hub. One usually thinks of crypto mining operations and they look to countries like Iceland and China. However, they do not know that the historic country of Georgia, situated in Eastern Europe, is ranked the second most profitable area in the world for cryptocurrency mining just below the China margin.
Why is This Important?
Sure, Georgia is doing good and over the past few years, bitcoin and cryptocurrency miners have been flocking over here due to the country’s lack of regulations and inexpensive hydropower, but what does that have to do with ICO projects and Bixtrim in General? Let us explain ourselves.
Regulations (or the lack of them)
According to Invest in Georgia , the Georgian liberal trade laws provide investors with an opportunity to not only to reach up to 4.4 million residents, but also broaden regional markets, as a result of the absence of customs and import duties.
As of today, Georgia has signed a free trade agreement with some of the CIS countries including Ukraine, Belarus, Moldova, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan, both with its neighbors Turkey, Azerbaijan and Armenia.
Raising Awareness
The implementation of various fintech solutions is seen by many libertarians positively. Cryptocurrency is the main topic of discussion and can be clearly seen from the many Blockchain events taking place in the capital. One example of this can be Blockchain & Bitcoin Tbilisi , where Bixtrim was the main sponsor and speaker.
Accessibility
The last part is where we come in. Even though Cryptocurrencies and Blockchain technologies are growing rapidly in Georgia (and not only) there are still a number of accessibility issues. That and many other reasons mentioned above is why Bixtrim started its ICO here and continues to grow its channels through the hospital people and continues to grow its channels through the hospital people of Georgia
You can watch our video here:
https://www.youtube.com/watch?time_continue=1&v=nkqkEgLqEQw
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