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But have you heard of what’s going on in Cyprus, Sweden or North Carolina? Today, with the decentralising nature of the Internet, distributed cloud technology and a growing sentiment toward entrepreneurship, the global startup ecosystem has never been so dispersed. Nicosia, Cyprus?. Pune, India?.
Land has even appreciated, largely due to population increase. It is not faster than credit cards or wire transfers remotely and the difference in fees is largely due to the fact that banks provide additional services—most importantly, various forms of protection from fraud and theft. Medium of exchange. In person, cash works better.
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