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20 sats \ 3 replies \ @Maximux 20 Jul \ parent \ on: The Economic Success of Singapore and Hong Kong econ
Yes, I'm referring to opportunities for economic and financial development. Even the use of Bitcoin⚡ in their environments.
Then you must be talking about state interference versus unhampered market. Is Dubai an unhampered free market or does the state interfere there, too?
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In Dubai, the market is more free and deregulated; Miami is also open, but with more controls and regulations (US federal laws apply). Regarding Bitcoin use, in Dubai, BTC is more common in everyday life for direct payments; in Miami, BTC is more commonly used as an investment. In my opinion, Dubai's weak point is the weather: too hot.
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Yes, the weather may be too hot, but, lately, they are not lacking in rain, are they?
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