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Topic: The British government is considering paying out research grants with bitcoin - page 2. (Read 1311 times)

member
Activity: 104
Merit: 10
Lovely to see some endorsement from the government.
legendary
Activity: 1218
Merit: 1007
This is very good news, I am curious to see what happens to it in the future and if they continue this program.

I don't know why they started to give out grants in Bitcoin, but it's fine by me. I don't mind the extra publicity.
legendary
Activity: 1512
Merit: 1000
Interesting, I never realized the British government was so Bitcoin friendly.
sr. member
Activity: 350
Merit: 250
"The United Kingdom’s government is exploring using bitcoin, or some permutation of the blockchain technology that underpins it, to pay out and monitor taxpayer-funded research grants."

It is just the management with the block chain technology.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Studies on the blockchain technology and not the whole bitcoin protocol, I might say. Several institutions already showed motives on developing their platforms within a blockchain or with a blockchain. Much to my dismay, they only acknowledge the concept of the public ledger system and not the whole protocol per se. Overall, a nice news for bitcoin.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
The United Kingdom is the leading country in Finance Technologies startups. The legal framework there allows innovation to prosper. That why Bitcoin and Ethereum ecosystems will grow rapidly there.
My friend from UK wanted to buy bitcoin from some UK based exchange, to no avail. It is crazy hard with their banking regulations to buy bitcoins fast and fees on their exchanges are horrendous.
From my experience I found it is easier to buy bitcoins in Russia that in UK.
legendary
Activity: 1358
Merit: 1001
Bitcoin is going mainstream!
sr. member
Activity: 446
Merit: 251
The United Kingdom is the leading country in Finance Technologies startups. The legal framework there allows innovation to prosper. That why Bitcoin and Ethereum ecosystems will grow rapidly there.
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
Quote
or some permutation of the blockchain technology that underpins it

promising in that they are thinking of using some kind of blockchain to watch over the transactions. Blockchain get thrown around quite a lot these days though. not necessarily bitcoin. Still good news though.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
Good news.This is definitely going to give bitcoin a great boost.I am sure other Governments will follow in the footsteps of British Government and give bitcoin its due recognition
legendary
Activity: 2674
Merit: 2970
Terminated.
Now this would be something quite interesting and very unexpected. This would definitely be a very positive sign, should it ever happen.

Very good this will be standard practise in 15 years time and we will look back and wonder why we ever doubted it.
Speculation.
hero member
Activity: 1106
Merit: 521
Very good this will be standard practise in 15 years time and we will look back and wonder why we ever doubted it.
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