[2014-08-17] London may become bitcoin capital

namedomain

newbie

Activity: 8

Merit: 0

Quote from: Kluge on August 17, 2014, 09:06:43 PM

Not really sure why they decided to look at London. What the Hell's in London related to crypto? Article author assumes wherever legacy finance is, Bitcoin's bound to go? I don't mean to say London doesn't have a significant number of bitcoin users, but the last time I read a BTC-related press release out of London was, ummm..... never, and considering favorable legislation and a strong user base already exists in the stronger economy of Germany, looking at London as some kind of "capital" seems left-field.

I agree. I doubt that the "capital" of bitcoin will be where fiat based money centers are.

Personally I would predict that Vancouver BC will likely somewhat be the btc capital as it is the home of the first btc ATM.

Kluge

donator

Activity: 1218

Merit: 1015

Not really sure why they decided to look at London. What the Hell's in London related to crypto? Article author assumes wherever legacy finance is, Bitcoin's bound to go? I don't mean to say London doesn't have a significant number of bitcoin users, but the last time I read a BTC-related press release out of London was, ummm..... never, and considering favorable legislation and a strong user base already exists in the stronger economy of Germany, looking at London as some kind of "capital" seems left-field.

dwdoc

legendary

Activity: 966

Merit: 1000

- - -Caveat Aleo- - -

Hopefully this will cause NY to reconsider its heavy handed approach.
In the long run it doesn't matter but in the short run it will permit quicker mainstream adoption.

jolipenria

newbie

Activity: 108

Merit: 0

The capital of Bitcoin is the world network

Levis

newbie

Activity: 53

Merit: 0

Quote

"They're in danger of stamping out the business before it even takes off. The U.K. has - and Europe in general - have taken a stand-back-and-see-what-happens approach," he said.

I liked this approach. I thinks London is the best place for Bitcoin capital

DRK

full member

Activity: 128

Merit: 100

even so companies naturally congregate. BTC needs a capital imo.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: Chavez on August 17, 2014, 06:50:50 AM

I don't think bitcoin needs a 'capital'. Its capital is the internet.

and so the whole world.

Chavez

member

Activity: 71

Merit: 10

I don't think bitcoin needs a 'capital'. Its capital is the internet.

cryptofan5

full member

Activity: 126

Merit: 100

More interesting stuff about London pushing itself to be at the front of the bitcoin industry:
https://au.finance.yahoo.com/news/city-could-become-worlds-bitcoin-122350929.html

Topic: [2014-08-17] London may become bitcoin capital (Read 1243 times)