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Topic: Capacity exchange development presents untapped opportunity for London (Read 946 times)

sr. member
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City of London, Population: 7000 people, wikipedia.org/wiki/City_of_London

London and City of London technically two different cities, awesome video that explains it.
legendary
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Democracy is the original 51% attack
hero member
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This following report for the City of London, recommends opening up for trade with alternative currencies it mentions Bitcoin.

In the summary of the long report.
Bitcoin is mentioned twice.

http://www.cityoflondon.gov.uk/business/economic-research-and-information/research-publications/Documents/research-2011/Capacity%20Trade%20and%20Credit%20Summary%20Findings_web.pdf

1.5.1 Alternative Currencies
Alternative currencies are increasingly discussed in both business and academia.
Some, hardly exhaustive, examples help to set the scene. Facebook credits and
BitCoins are attempts to create common tenders for virtual communities. Facebook
is tied to its social network while BitCoins are intended to be used across
communities.
...

There is also a table on page 12 with benefits. In which Bitcoin should be in category 3, in that category they stack up all the benefits.

Btw, City of London conducts more economic trade than wallstreet.
London Is Eating New York’s Lunch
http://www.nytimes.com/2012/03/04/magazine/how-london-surpassed-wall-street.html?pagewanted=all

In the full report.
On page 173 under Money 3.0 they appear to describe something that sounds a little similar to Bitcoin.
Money 3.0 is then the relationship within which value is exchanged by reference to an Energy Standard.

http://www.cityoflondon.gov.uk/business/economic-research-and-information/research-publications/Documents/research-2011/Capacity%20Trade%20and%20Credit_Full%20Report_Web.pdf



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