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Bitcoiners in the US face two possibilities: prison time if Bitcoin gets banned, or financial ruin at the hands of the IRS as the price continues to oscillate violently. (👈 'Is my life over?'). Your decision is: stay (and get ruined) or GTFO. So, where are the best cities globally for Bitcoin Nomads?
This site ranks 400 global cities using a proprietary algo. which identifies the best cities for Bitcoin Nomads who want to live well without an extreme cost of living, safely, in the sunshine, with a low tax burden, and enjoying economic freedom. No judgement is made about how attractive individual cities are in calculating the Index score e.g. Rome is prettier than Toronto / the food is better in Rome etc.
This site ranks 400 global cities using a proprietary algo. which identifies the best cities for Bitcoin Nomads who want to live well without an extreme cost of living, safely, in the sunshine, with a low tax burden, and enjoying economic freedom. No judgement is made about how attractive individual cities are in calculating the Index score e.g. Rome is prettier than Toronto / the food is better in Rome etc.
- Cost of Living and Crime data are from crowd-sourced Numbeo. Cost of Living automatically adjusts for changing FX rates in real-time. As a result the #BitcoinNomads Index will change fractionally minute by minute, depending on fluctuating FX markets. For example the crashing Turkish Lira feeds through to lower Cost of Living in Turkish cities and therefore higher BitcoinNomads Index scores.
- Climate data is derived from Köppen–Geiger climate classification.
- Economic Freedom data is sourced from Economic Freedom Index (EFI) published by Heritage.org. (The lower the tax burden the higher the freedom score.) EFI scores are modified down for economies with an adversarial attitude to cryptoassets, notably the US & China. EFI scores are marked-up for Bitcoin-friendly countries including ultra-expensive Bermuda, Switzerland, & Singapore, Malta, Portugal, Slovenia, Georgia, Estonia, & Antigua, St Kitts and Nevis, & the high-crime US territory of Puerto Rico. (Some of these countries are very expensive to live in which explains why only Georgia, Malta, Portugal, Estonia & Slovenia are placed at the top of the BitcoinNomads ranking.)
- The Internet score is based on average download speed from Speedtest.

Save on Deribit fees with this coupon. (I am a Bitcoin Nomad. I trade Bitcoin derivatives at Deribit Exchange. It is 5 a.m. and I am arbitraging ETHUSD swap funding & drinking Nemiroff vodka & eating soused herring & raw onion on black bread. This is freedom. Fees are MUCH higher than on spot exchanges because the fee applies to the leveraged position, not just your margin. For market trades fees are 0.075% of your position for both entry & exit. So total fees on a trade using $1,000 margin with cross-margin (100x leverage) are $150 [100 x $1,000 x 0.00075 x 2]. In comparison you pay $3 for a $1,000 trade at Binance.)

The Bitcoin Nomads Index answers the question: Which cities globally are Cheap, Safe, Sunny, have fast and unrestricted Internet, and provide Economic Freedom with low Taxes? A proprietary algorithm determines the Index from data on these factors. It is a Google sheet showing 400 global cities sorted by their Index score and the monthly budget to live there comfortably. That's the budget to rent a nice apartment, drive a car, visit bars and restaurants, shop.
The Currencies page reveals which destinations have become more expensive, and which cheaper since the 2008 crisis as a result of changes in FX rates. The Big Mac Index page is another approach to discovering good value destinations. It feeds off live FX rates and adjusts PPP valuations of currencies in real-time. (This improves on the iconic Economist Big Mac Index where FX rates are only updated twice a year.)
I am a crypto nomad (@BambouClub) who trades Bitcoin derivatives professionally. It is a life of absolute independence, free from nosey-parker socialist state interference and the greasy career pole and office politics. I am drinking vodka and eating pickled herring at 5 a.m. listening to Pink Floyd. I have changed tax residence from my country of birth because Bitcoin will rise in value across its cycle over time and I have no desire to finance a bloated, decadent welfare state with 45% income tax. I have included some useful resources for trading Bitcoin derivatives on this site - see Menu top-right 👆.
The Margin-Trading Calculator is an AntiLiquidation tool and Position Size Calculator for trading Bitcoin and ETH Swaps and Futures at Deribit. It also contains a PnL and Break-Even Calculator for trading Bitcoin options at Deribit Exchange. Read the tutorials: How to Use the BitMEX AntiLiquidation Tool, An Introduction to Bitcoin Options and Guide to Trading Bitcoin Volatility.
I have limited interest in ALTs other than BinanceCoin ($BNB). Buy it at Binance Exchange.
Finally, young Americans who plan to make Bitcoin a large part of their lives need to ask themselves, is the US the right country for me?
The Currencies page reveals which destinations have become more expensive, and which cheaper since the 2008 crisis as a result of changes in FX rates. The Big Mac Index page is another approach to discovering good value destinations. It feeds off live FX rates and adjusts PPP valuations of currencies in real-time. (This improves on the iconic Economist Big Mac Index where FX rates are only updated twice a year.)
I am a crypto nomad (@BambouClub) who trades Bitcoin derivatives professionally. It is a life of absolute independence, free from nosey-parker socialist state interference and the greasy career pole and office politics. I am drinking vodka and eating pickled herring at 5 a.m. listening to Pink Floyd. I have changed tax residence from my country of birth because Bitcoin will rise in value across its cycle over time and I have no desire to finance a bloated, decadent welfare state with 45% income tax. I have included some useful resources for trading Bitcoin derivatives on this site - see Menu top-right 👆.
The Margin-Trading Calculator is an AntiLiquidation tool and Position Size Calculator for trading Bitcoin and ETH Swaps and Futures at Deribit. It also contains a PnL and Break-Even Calculator for trading Bitcoin options at Deribit Exchange. Read the tutorials: How to Use the BitMEX AntiLiquidation Tool, An Introduction to Bitcoin Options and Guide to Trading Bitcoin Volatility.
I have limited interest in ALTs other than BinanceCoin ($BNB). Buy it at Binance Exchange.
Finally, young Americans who plan to make Bitcoin a large part of their lives need to ask themselves, is the US the right country for me?
The McAfee 2020 Campaign is, as of this day, in exile. I am being charged with using Crypto Cuttencies in criminal acts against the U. S. Government. More videos coming shortly. Stay tuned. pic.twitter.com/C75zcbnKTD
— John McAfee (@officialmcafee) January 22, 2019