Shiba Inu Lead Dev Proposes To Establish The ‘Silicon Valley Of Crypto’

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Bitcoinist 2w ago

Shiba Inu Lead Dev Proposes To Establish The ‘Silicon Valley Of Crypto’ - Bitcoinist

Quick Summary:

Shytoshi Kusama, the lead developer of Shiba Inu, has unveiled an ambitious proposal to establish a “Strategic Hub for Innovation and Blockchain” (S.H.I.B.) in a United States city aka the "The Silicon Valley of Crypto.

Kusama suggests offering “competitive tax breaks, including reduced corporate tax rates, R&D tax credits, and sales tax exemptions for technology equipment.

Digital infrastructure includes the deployment of ultra-high-speed broadband networks and the implementation of city-wide blockchain networks like Shibarium.“Implement Shibarium (and other partner systems) as a city-wide blockchain network for testing and deploying applications.