Can London be a Global Bitcoin Hub? - page 2.

Snorek

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Quote from: Amph on April 30, 2015, 11:21:01 AM

Quote from: tokeweed on April 29, 2015, 10:27:12 PM

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.

zeraTunerse

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London can be surely a Global Bitcoin Hub as the Government of UK is not corrupted as compared to other countries so they will not be against the adoption and accepting the bitcoins and they have already started accepting bitcoins so i believe london can be the best.

chennan

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Quote from: umaOuma on April 30, 2015, 09:39:51 AM

London can be a Global Bitcoin Hub surely and if look at some other countries like china of japan they can be a better option to go for. China and Japan mostly popular for their technology and most of the population in technologically sound so they can adopt bitcoin very easily.

I think London could be bitcoin hub! The gov are open to and accept it! There are many ppl there, who are supporting bitcoin and operating related businesses!

H.W.Z

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Quote from: countryfree on April 27, 2015, 06:51:02 AM

No, not London. I know there are a few strong BTC supporters there, but BTC isn't important to them. It's just another opportunity. London's one of the most expensive place to live in the world, and most people there strongly benefits from the actual financial system. Since BTC will shake up all that, I'd say it has more chances in a corrupted country where people cannot trust their local government and/or currency. Argentina's more like it.

no, the gov of the corrupted countries are always against bitcoin. The bitcoin ecosystem are none existing. The ppl, institutions and banks are getting away from it! No bitcoin startup will go there.No merchant is accepting bitcoin payment.How could they be bitcoin club!?

nerFohanzo

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Yes for sure London can be Global bitcoin hub as the government of london has started to accept the fact that bitcoin is the future and they already have started using and accpeting bitcoins as a mode of payment in most of the places in uk so i think london can be the best bitcoin hub.

Amph

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Quote from: tokeweed on April 29, 2015, 10:27:12 PM

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"

tyz

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I hope not. London stands (in one row with some other finance centers around the globe) for the fiat based economic misery.

umaOuma

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London can be a Global Bitcoin Hub surely and if look at some other countries like china of japan they can be a better option to go for. China and Japan mostly popular for their technology and most of the population in technologically sound so they can adopt bitcoin very easily.

tokeweed

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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.

torrentheaven

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Compared to Newyork, London carried more open mind to digital curriencies. It would be a historical mistake not to make London the center of bitcoin industry since it has been already known as the home of financial innovations for hundred of years.

operrajunk74

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London can for sure be a Global Bitcoin Hub and i think it has already become a hub as bitcoin is accepted almost everywhere you make a purchase and that's the scene in London too.. and i guess apart from London any European countries can be a Global Bitcoin Hub.

gentlemand

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Almost anywhere in mainland Europe is better poised than London. The lack of banking situation makes it a cool place to hang out and yap but also means you can't achieve any meaningful business whatsoever.

Some UK businesses are utilising EU banks now but that's a workaround, not something that most could put up with as a permanent situation. The UK has ensured that it'll be left behind and that's obviously what the banks want.

co5hike

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I've been to London and I used local bitcoins out there. London can for sure be a bitcoin hub and maybe already is.

losh11

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London's not so expensive when compared to some other countries in Europe.
I'd say apart from the housing, pretty much everything else is cheaper.

gripflierGO

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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.

lemmyK

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Quote from: countryfree on April 27, 2015, 06:51:02 AM

No, not London. I know there are a few strong BTC supporters there, but BTC isn't important to them. It's just another opportunity. London's one of the most expensive place to live in the world, and most people there strongly benefits from the actual financial system. Since BTC will shake up all that, I'd say it has more chances in a corrupted country where people cannot trust their local government and/or currency. Argentina's more like it.

London's one of the most expensive place to live in the world No Wink

absolutely the most expensive is Oslo.
because in the whole city is not possibly find cheap deals on food or alcohol. accommodation... two star hotel 1 night 200eu+.. 5star 500eu +
Paris, Singapore, Zurich there is not a problem in central found among the expensive shops some super-cheap fast food or alcohol for ordinary people.
it throughout Norway is not possible.
one Draught beer beer and burger (250gr) with some etc .. 40-50 euros (110+250nok) aprox... if you purchase at the supermarket and you will eat on the bench, it will not be much cheaper...
15 minutes by taxi 100-200eu + in night more+

MicroGuy

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I would say that London and New York are the LEAST likely cities to become the global bitcoin hub. They are already the headquarters of the fiat system. If a central bitcoin location were to emerge it would probably by somewhere in the the third world.

This makes perfect sense. Bitcoin will have to find markets where its useful.

It's not useful in London or New York or anywhere where traditional fiat systems exist. People with debit cards aren't going to jump through hoops for the pleasure of taking the additional step of exchanging fiat into bitcoin so they can then go buy what they could have already bought.

countryfree

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No, not London. I know there are a few strong BTC supporters there, but BTC isn't important to them. It's just another opportunity. London's one of the most expensive place to live in the world, and most people there strongly benefits from the actual financial system. Since BTC will shake up all that, I'd say it has more chances in a corrupted country where people cannot trust their local government and/or currency. Argentina's more like it.

LFC_Bitcoin

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High ranking officials in the UK have already spoken semi positively about bitcoin.
I see no reason why London can't be the hub of bitcoin.

I don't know what sort of timescale we're talking about but it definitely is possible.

LiteCoinGuy

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London, NY together with singapore, hong kong and isle of man...and others.

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