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Topic: Can London be a Global Bitcoin Hub? (Read 2504 times)

Pab
legendary
Activity: 1862
Merit: 1012
May 12, 2015, 06:57:22 PM
#47
Yes definitly yes,London is top place for technology startups,becouse of that google has his location there
London isfinacial center of the world with very well working scrutinity
And UK see in digital currencys big potencial to boosthis economy and creating job places
newbie
Activity: 42
Merit: 0
May 12, 2015, 02:27:09 PM
#46
Yes, London will be a Global Bitcoin Hub in near future.
hero member
Activity: 952
Merit: 1000
May 06, 2015, 01:52:14 PM
#45
London can be a Global Bitcoin Hub probably. I believe It's a very positive attitude, one of this is an amazing innovation we're going to have to have some kind of regulation in terms of money laundering, but let's do this in a constructive way, in partnership with the  technologists and industry.
newbie
Activity: 3
Merit: 0
May 06, 2015, 11:14:33 AM
#44
If there is ever a hub it would be in countries with lax tax laws, and ones that allow banking privacy. My bet is on Dubai or Singapore.  Cheesy
sr. member
Activity: 462
Merit: 250
May 06, 2015, 11:05:21 AM
#43
I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

Didn't Brock Pierce try to do something like a Bitcoin city/center or whatever.
And there have been several threads talking about a Bitcoin Island.

I still don't get why though.
Whar is the need for these things?
Can't Bitcoin just be global?
Bitcoin is global, decentralized and borderless. But people need something like bitcoin embassy - they need a physical and existing symbol of Bitcoin. Not just code over the internet.
If we want for bitcoin to success we need to establish some places like that.  Mainly for promotional purpose, just for people to see that bitcoin is not a concept and is quite real.

I don't think we do at all. In fact, I think bitcoin is better off without centralized entities like this and the Bitcoin Foundation. They just seem to confuse most people as they think they have some authority or control over bitcoin when in fact they don't.

Exactly!.
We don't need anyone or any group giving the false image that they are in charge.
We should keep things as they are. And that is that when it comes to Bitcoin, there is no boss, there is no authority, there is no centralization.
I see all these as poor attempts by some to give out the image that they are in charge or whatever.
sr. member
Activity: 448
Merit: 250
May 06, 2015, 09:15:47 AM
#42
I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

Didn't Brock Pierce try to do something like a Bitcoin city/center or whatever.
And there have been several threads talking about a Bitcoin Island.

I still don't get why though.
Whar is the need for these things?
Can't Bitcoin just be global?
Bitcoin is global, decentralized and borderless. But people need something like bitcoin embassy - they need a physical and existing symbol of Bitcoin. Not just code over the internet.
If we want for bitcoin to success we need to establish some places like that.  Mainly for promotional purpose, just for people to see that bitcoin is not a concept and is quite real.

I don't think we do at all. In fact, I think bitcoin is better off without centralized entities like this and the Bitcoin Foundation. They just seem to confuse most people as they think they have some authority or control over bitcoin when in fact they don't.
legendary
Activity: 1862
Merit: 1004
May 06, 2015, 08:56:51 AM
#41
I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

Didn't Brock Pierce try to do something like a Bitcoin city/center or whatever.
And there have been several threads talking about a Bitcoin Island.

I still don't get why though.
Whar is the need for these things?
Can't Bitcoin just be global?
Bitcoin is global, decentralized and borderless. But people need something like bitcoin embassy - they need a physical and existing symbol of Bitcoin. Not just code over the internet.
If we want for bitcoin to success we need to establish some places like that.  Mainly for promotional purpose, just for people to see that bitcoin is not a concept and is quite real.
sr. member
Activity: 462
Merit: 250
May 06, 2015, 07:11:22 AM
#40
I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

Didn't Brock Pierce try to do something like a Bitcoin city/center or whatever.
And there have been several threads talking about a Bitcoin Island.

I still don't get why though.
Whar is the need for these things?
Can't Bitcoin just be global?
hero member
Activity: 500
Merit: 500
May 06, 2015, 07:02:31 AM
#39
I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

Very true! And the recent news about regulations aren't good at all. London's definitely one of the most expensive cities in the world (check property prices), it's one of the first place in the world to regulate BTC, and the government has already said it wants to regulate more. Sorry, but I can't see London as a good place for a start-up. Barcelona has more potential, but I'd bet on a tax heaven or... The cloud. Actually, the blockchain: that's where the global BTC hub stands.


London and the British government actually seem quite supportive of bitcoin and regulations are not necessarily a bad thing which I think is a common misnomer. If we want bitcoin to go mainstream or become a viable and useable currency then regulation is inevitable, but I agree bitcoin should be seen as a worldwide currency and not limited to certain cities.

London?? I Don't think so I mean London can never be the Bitcoin Hub but I think China can be the next Bitcoin Hub as its population is the largest across the globe so they can entertain bitcoins as more population more number of users as India is still out of it so I bet on China as a next Bitcoin Hub.

Impossible. China do not recognise Bitcoin as a currency. They're treated like stamps.

Some countries will always refuse to classify bitcoin as a currency or legal tender, but remember even stamps are legal tender in some countries https://www.youtube.com/watch?v=nAcdV019oMQ  Cheesy
newbie
Activity: 28
Merit: 0
May 05, 2015, 06:33:33 PM
#38
Probably, enough people keep saying that London could end up becoming major actor in the btc space due to being btc friendly.
sr. member
Activity: 392
Merit: 250
May 05, 2015, 06:30:11 PM
#37
London?? I Don't think so I mean London can never be the Bitcoin Hub but I think China can be the next Bitcoin Hub as its population is the largest across the globe so they can entertain bitcoins as more population more number of users as India is still out of it so I bet on China as a next Bitcoin Hub.

Impossible. China do not recognise Bitcoin as a currency. They're treated like stamps.
hero member
Activity: 938
Merit: 1000
May 05, 2015, 06:07:36 PM
#36
I don't think london can make it. Shanghai is the better option. The main issue is with the Government of the countries who see bitcoin as threat to fiat money.

China can be a better option as the Government of China has shown willingness towards the adoption of bitcoins and we don't need any hub in special .
legendary
Activity: 3038
Merit: 1047
Your country may be your worst enemy
May 05, 2015, 05:10:39 PM
#35
I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

Very true! And the recent news about regulations aren't good at all. London's definitely one of the most expensive cities in the world (check property prices), it's one of the first place in the world to regulate BTC, and the government has already said it wants to regulate more. Sorry, but I can't see London as a good place for a start-up. Barcelona has more potential, but I'd bet on a tax heaven or... The cloud. Actually, the blockchain: that's where the global BTC hub stands.
full member
Activity: 140
Merit: 100
May 05, 2015, 04:25:24 PM
#34
Last time i checked London, they were making it impossible for the Middle class or lower to live. Regarding Bitcoin, the rich will always stick to the banks which is why they are still alive. Making it a harder task for Bitcoin adoption in London, who knows...

- Mayer Amschel
sr. member
Activity: 448
Merit: 250
May 05, 2015, 04:21:06 PM
#33
I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.
legendary
Activity: 3528
Merit: 9525
#1 VIP Crypto Casino
May 05, 2015, 03:46:28 PM
#32
This is the situation of BTC acceptance according to coinmap.org



If you explore the Map you will see that the UK (London Area), the Netherlands and Germany play a major role in this.

This is pretty cool tbh.

Never seen this before, fascinating really.

Amazing how far around the globe bitcoin use has reached. It'd be cool to see a map of bitcoin use worldwide in 10 years.

One hopes it'd be even more populated.
hero member
Activity: 952
Merit: 1000
May 05, 2015, 03:34:14 PM
#31
Yes. London can surely a bitcoin hub as the Government has already shown the interest in adopting and accepting the bitcoin so london has a great future with bitcoin. Basically the Government plays an very vital role in the future of bitcoin so when it comes to london government i think it would be totally fine.
legendary
Activity: 3206
Merit: 1069
May 01, 2015, 08:38:31 AM
#30
If NYFDS Bit License is too tight, then London could become a global hub.  But BTC has no borders, even Singapore or Shanghai can become the hub if their laws are encouraging.

that Branson's island would be a perfect hub for bitcoin, something that isn't under the control of the governments would be good for a "Bitcoin Center"
So you would rather put control of bitcoin hub in the hands of rich individuals than place it in in the spot when it can be reached by masses?

I don't think that many people will have access to Bronson's Island or other remote areas which are beyond reach of governments.

If we truly want to be eccentric and progressive why don't we try to establish bitcoin hub in space? It is the safest place after all.


this is what i want, rich private island is not good for bitcoin, maybe, but staying in any place where there is a government is even worse, i still think it must be a neutral zone

the space would be fabulous, but it is not a easy task to do it in space, it would be problematic
legendary
Activity: 1316
Merit: 1481
May 01, 2015, 07:30:48 AM
#29
This is the situation of BTC acceptance according to coinmap.org



If you explore the Map you will see that the UK (London Area), the Netherlands and Germany play a major role in this.
full member
Activity: 195
Merit: 100
May 01, 2015, 07:11:20 AM
#28
I Don't think London is good Option,
I would rather go with Shanghai. Shanghai can be better Bitcoin Hub as compared to London. Already the Government has shown their interest in accepting the bitcoins and i think People will adopt it very soon.
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