![blockchain-3212304_1920.jpg](https://steemitimages.com/DQmXEVFCd1nKjpPJeSazs6ToLc47jg9Asc6QRMfjeK7ANDg/blockchain-3212304_1920.jpg)
# [The 17 Millionth Bitcoin Mined, Chinese Social Credit & Passport Privilege](http://inforeadknow.com/2018/04/26/bitcoin-chinese-social-credit-passport-privilege/)
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[The 17 Millionth Bitcoin Is About to Be Mined: What It Means and Why It Matters](https://www.coindesk.com/17-millionth-bitcoin-mined-means-matters/)
Bitcoin’s limited supply is about to get a bit more limited.
That’s because as per bitcoin’s current rules, only 21 million bitcoin can ever be created.
[How Do You Control 1.4 Billion People?](https://newrepublic.com/article/148121/control-14-billion-people)
To work effectively, social credit requires Chinese citizens to place complete trust in both their unaccountable government and vast cartel-like corporations.
And therein lies the problem: A secretive scheme that proposes to (literally) codify credibility within a society that inherently lacks any is more likely to undermine public trust that instill it.
[THE US AND EUROPE’S TOURIST VISA RULES PAINT A STARK PICTURE OF PASSPORT PRIVILEGE](https://quartzy.qz.com/1260492/passport-privilege-the-nationalities-with-visa-free-access-to-europe-and-the-us/)
The third edition of the Quality of Nationality Index (QNI)—produced by international residence and citizenship planning firm Henley and Partners and legal academic Dimitry Kochenov—gives a global look on the benefits of citizenship in different countries.
[The economies of the 40 biggest US cities, ranked from worst to best](https://www.businessinsider.in/the-economies-of-the-40-biggest-us-cities-ranked-from-worst-to-best/articleshow/63912928.cms)
The source of America’s prosperity is its big cities.
[The easiest places in the world to get citizenship or residency, from Thailand to St. Lucia](https://qz.com/1260489/the-easiest-places-in-the-world-to-get-citizenship-or-residency-if-youre-rich/)
To improve your ability to move and settle around the world with ease, simply buying residency or citizenship in another country by investing in a property or government fund, or paying some other kind of fee.
Thailand is the cheapest place to buy residency. For just $15,902, customers can secure residency that gives them visa-free travel to 75 destinations.
The UK is the most expensive residency option; people interested in getting a residency in the UK and access to visa-free travel to 177 destinations need to spend over $2.7 million.
Buying citizenship isn’t necessarily more expensive than buying residency.