What do you think does this Cities have that we dont?

doomloop

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Quote from: justdimin on December 07, 2021, 04:35:27 PM

Quote from: Jaycee99 on November 24, 2021, 10:26:33 PM

When it comes to cryptocurrencies from your point of view. what do the think about why this counries top best in innovation and in the hotspot in bitcoin?

I compared these two for when you are a hotspot in bitcoin and innovation it shows from my point of view that your country is rich and a part of the innovated country this 2021.

They are mainly rich places? I mean if you look at the cost of living in those cities, and compare it to the mean average of the rest of the world you will realize that these places are one of the richest ever. If you look at the nations they are in, they are from the richest nations as well, hell California (San Francisco) is 5th biggest economy in the whole world if it was a nation.

So, to think that they have a bigger crypto presence is basically all due to them being rich. This is why I believe that we are talking about something very valuable here, it is definitely something about the wealth that they have which caused them to be at the top of the list.

Well, most of most these countries and states that are listed here didn’t just come out and became rich just like that. It’s all about the citizens or people that are living in that location being hardworking and able to raise themselves to the standard that they are right now. It’s just like when they said that Rome isn’t built in a day, it took years for it to be to that level that it is. Big places like this are where you would see big investors and institutions, and these are the people who are more likely to invest in cryptocurrencies.

These locations would have higher adoption of cryptocurrency, because they have more understanding of what this is all about, and they have enough money to invest in it. Investment requires money, a state that is poor wouldn’t be talking about investment. There would only be a higher adoption of cryptocurrency in places where people are rich. All these big institutions that we are seeing today that are buying Bitcoin, most of them are from these locations.

milewilda

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Quote from: Vaskiy on December 07, 2021, 11:47:37 AM

The government need to take initiative to develop the financial technology. Right now very few countries have got the perfect fintech infrastructure whereas majority are in the developing stage. My country hasn't come to a conclusion about the development of fintech infrastructure for a long. Today on an article read about the State policy for the development of fintech infrastructure. Maybe within few years time we'll get higher level of adoption and acceptance of bitcoin.

There would be some progress and that would vary on the govenrment you do have whether they are really serious in regards on development on the country or places that they've been holding up and as a citizen then we wont really be having a choice but to wait up on what would be their
future steps to make in regarding with the development and acquiring or adopting the current trends that we do have now.

uneng

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I believe just because a country is innovative it doesn't mean they are going to stand out in crypto currency sphere. Their focus in search and development for innovations might be addressed to another matters such as energy production, health sector, tourism, accessibility and so on... What means crypto currency or digital finances stay in second plan.

In the case of top 10 leading bitcoin cities I see what they have in common are the crypto businesses (especially popular exchanges) operating in their territories, added to the fact those are traditional cities known for the development of new startups, entrepreneurship activities and financial opportunities in general, what makes them fertile spots for investors and innovations related to the financial world, naturally including bitcoin and its altcoins pairs at some point, as we are already seeing right now.

justdimin

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Quote from: Jaycee99 on November 24, 2021, 10:26:33 PM

When it comes to cryptocurrencies from your point of view. what do the think about why this counries top best in innovation and in the hotspot in bitcoin?

I compared these two for when you are a hotspot in bitcoin and innovation it shows from my point of view that your country is rich and a part of the innovated country this 2021.

They are mainly rich places? I mean if you look at the cost of living in those cities, and compare it to the mean average of the rest of the world you will realize that these places are one of the richest ever. If you look at the nations they are in, they are from the richest nations as well, hell California (San Francisco) is 5th biggest economy in the whole world if it was a nation.

So, to think that they have a bigger crypto presence is basically all due to them being rich. This is why I believe that we are talking about something very valuable here, it is definitely something about the wealth that they have which caused them to be at the top of the list.

Vaskiy

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The government need to take initiative to develop the financial technology. Right now very few countries have got the perfect fintech infrastructure whereas majority are in the developing stage. My country hasn't come to a conclusion about the development of fintech infrastructure for a long. Today on an article read about the State policy for the development of fintech infrastructure. Maybe within few years time we'll get higher level of adoption and acceptance of bitcoin.

BuNga_cute

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Quote from: fara_buduk on December 04, 2021, 06:37:30 PM

Quote from: xSkylarx on December 04, 2021, 12:14:02 AM

Quote from: horrifiedx1 on December 03, 2021, 08:17:36 AM

Cities with high natural resources will of course be faster in responding to the times, so that cities are very open to responding to the development of cryptocurrencies. On the other hand, an environment that is very influential on the rapid spread of news, among business people and their community, it will be easier for them to exchange ideas for mutual progress.

Mostly those 3rd world country cant adapt crypto currency fast since they dont have enough resources like internet and other devices since it is really a poor country. On the first world country that is we called a lot of resources that can catch to the latest tech and able to adopt easily in crypto. Also having communication with other countries to exchange ideas , i think that was for business purposes only but in terms of crypto most of the countries right now are just thinking of it

In general, developing countries - 3rd world countries - are actually slower to catch up because of technological infrastructure that still does not reach all regions, especially remote areas so they cannot know a system and innovation that is developing in this world is not like developed countries too poverty and the culture of the people in the country also make it difficult to accept it

I agree that the most important thing for a country to be able to catch up with technological developments, the country's technological
infrastructure must have reached all regions. Meanwhile, third world countries whose population is still high in poverty, usually there are
still many areas that do not have internet access. So not all residents in third world countries can enter the crypto world, whereas crypto is
one solution to improve the economy. It is the duty of the government to immediately make all regions achieve technological infrastructure
evenly, so at least all areas have internet access. Because I believe that the more people in third world countries can access the internet,
then the country's economy will change for the better. Because there are many opportunities to be able to make money on the internet compared
to having to look for work in the real world, it can indirectly reduce the poverty rate in the country.

Fortify

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Quote from: Jaycee99 on November 24, 2021, 10:26:33 PM

Here is the top countries that adapted innovation much faster

1. Switzerland
2. UK
3. Sweden
4. Finland
5. Netherlands
6. US
7. Singapore
8. Denmark
9. Luxembourg
10. Hong Kong (China)
______________________________________________________________________________

Here is the
1. San Francisco
2. Vancouver
3. Amsterdam
4. Ljubljana, Slovenia
5. Tel Aviv
6. Portsmouth, New Hampshire
7. Miami, Florida
8. El Zonte, El Salvador
9. New York
10. London

There is quite a bit distinction between the two, because while the first set talks about innovation in all different sectors (of which Bitcoin is a insignificant fraction of the economy) we see at least half the second batch being in North America. While El Salvador were certainly groundbreaking in their adoption of Bitcoin as an official currency, besides that their tech sector and Bitcoin functionality would be dwarfed by many other places - I'm not even sure how they made the list, somewhere like Tallinn in Estonia should really sit in that slot. Anyway, the fact is these countries have solid legal and financial structures that are enforced, while the workforce is willing to adapt to new technologies - I'd say those would be the most useful drivers.

dezoel

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Having less problems. That is right, having less problems in a nation and for a city means that they could focus on getting more innovative and progressive. If everything goes well in your nation then you could focus on crypto or any other thing as well.

Look at all those marvelous places you can visit in London to have fun, the museums, the operas, the plays (specially royal shakespearen group), and many other things that looks like normal life in UK, but a very elite sense of fun for many nations. Tell the same thing to the south Africans, Indians, Chinese, West Africans and even some Pakistanis. You will not see that much elite fun in regular life of regular citizens there, why? Because UK managed to steal all the resources from those nations and grew superbly economically and gave their citizens a prosper life that can focus on beauty in the world.

fara_buduk

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Quote from: xSkylarx on December 04, 2021, 12:14:02 AM

Quote from: horrifiedx1 on December 03, 2021, 08:17:36 AM

Cities with high natural resources will of course be faster in responding to the times, so that cities are very open to responding to the development of cryptocurrencies. On the other hand, an environment that is very influential on the rapid spread of news, among business people and their community, it will be easier for them to exchange ideas for mutual progress.

Mostly those 3rd world country cant adapt crypto currency fast since they dont have enough resources like internet and other devices since it is really a poor country. On the first world country that is we called a lot of resources that can catch to the latest tech and able to adopt easily in crypto. Also having communication with other countries to exchange ideas , i think that was for business purposes only but in terms of crypto most of the countries right now are just thinking of it

In general, developing countries - 3rd world countries - are actually slower to catch up because of technological infrastructure that still does not reach all regions, especially remote areas so they cannot know a system and innovation that is developing in this world is not like developed countries too poverty and the culture of the people in the country also make it difficult to accept it

Renampun

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Quote from: Jaycee99 on November 24, 2021, 10:26:33 PM

...

QUESTIONs
1) When it comes to cryptocurrencies from your point of view. what do the think about why this counries top best in innovation and in the hotspot in bitcoin?

I compared these two for when you are a hotspot in bitcoin and innovation it shows from my point of view that your country is rich and a part of the innovated country this 2021.

2) Do you think of the people of the Government? on why this country is listed in the top 10 best?

I am just curious what others think

If your country is listed quote it and answer what you think

my country is not included in the list because it is still a developing country...

The government of my country still strongly considers bitcoin to be something that should not be allowed to be freely allowed so that our government only allows bitcoin as an investment asset, not a means of payment, whereas in developed countries such as Singapore, they have begun to want to take advantage of the advantages that can be obtained from bitcoin as well as possible.

dothebeats

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If anything, these countries are more open to change, and them failing on accepting said changes won't really put them in too much trouble since they can easily bounce back as if nothing happened. Also, culture probably plays an important role, too. Other countries that haven't posted any significant contributions or innovations in the past tend to have leaders and people that are extremely conservative, and won't change their ways just because something is more efficient by just a small percent.

xSkylarx

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Quote from: horrifiedx1 on December 03, 2021, 08:17:36 AM

Cities with high natural resources will of course be faster in responding to the times, so that cities are very open to responding to the development of cryptocurrencies. On the other hand, an environment that is very influential on the rapid spread of news, among business people and their community, it will be easier for them to exchange ideas for mutual progress.

Mostly those 3rd world country cant adapt crypto currency fast since they dont have enough resources like internet and other devices since it is really a poor country. On the first world country that is we called a lot of resources that can catch to the latest tech and able to adopt easily in crypto. Also having communication with other countries to exchange ideas , i think that was for business purposes only but in terms of crypto most of the countries right now are just thinking of it

Shasha80

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Quote from: Reid on November 28, 2021, 02:13:23 PM

Economy, leadership. This is a big jump to accept it and it requires time consuming research before they did. Perhaps, they even paid for consultations just so they could really adopt it.
But there is a problem that I see beyond it, they accepted it but was not meant for usage. It became like a display just to say they are one of the innovative countries unlike what El Salvador and Japan did.
It's like a race of who did it first and not literally adopted for a change.

Most countries that accept crypto from the start did not intend to make a change, because they still believe in the old system. That's why many
countries that accept crypto only limit it as a digital asset, very different from what has been done by the state of El Salvador which legalized
Bitcoin as a legal tender. This means that most countries really just want to look like innovative countries and not be left behind by technological
advances. The reality is that many country is not really using crypto for change. Perhaps if in the next few years El Salvador experiences a very
rapid development in the economy, it will trigger other countries to adopt crypto for change. Sometimes a country wants to adopt new things,
if it is really proven that the new thing will make other countries experience positive changes first.

South Park

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Quote from: jrrsparkles on November 26, 2021, 04:28:44 AM

Government run by the people who have knowledge and futuristic vision in their decision that is what makes the difference, especially some countries wre banning bitcoin with no actual reason but in reality they don't know what is blockchain so they simply call bitcoin and blockchain is scam so they are banning it and also comment that by this move their country will become crime free, biggest joke isn't it? Grin

Unfortunately very few governments are run by people like that, people that are interested in innovating and have a vision for the future are out there making their dreams a reality, like satoshi, while politicians have most of the time a vision of the world in which they retain their power and as such oppose innovation, fortunately for us the world is always trying to move forward, so regardless of what the politicians want if an idea is good then people will eventually adopt it, so while it will take some time the pressure of the people will force politicians to accept bitcoin even if they do not want to.

stomachgrowls

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Quote from: magneto on December 03, 2021, 05:08:10 PM

It honestly depends and it's a bit counterproductive to try to pigeonhole each country into either innovative or not innovative.

The US is definitely still leading the way with adoption but other countries are catching up when it comes to crypto use.

Singapore and Australia are up and comers in the field in my opinion, but that could change in a heartbeat.

Everything could changed in a heartbeat and pretty much sure that majority of those countries which are still in neutral phase or still on observation does

still wait up for the entire herd on going with the same line but we are already seeing that some of them do made out decisions without relying on other countries decisions when it comes to this.

Each country does have its own decision it might neither be influenced externally or would definitely be independent on what they are current seeing.
Lets not make in a hurry and let adoption move on its own.

magneto

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It honestly depends and it's a bit counterproductive to try to pigeonhole each country into either innovative or not innovative.

The US is definitely still leading the way with adoption but other countries are catching up when it comes to crypto use.

Singapore and Australia are up and comers in the field in my opinion, but that could change in a heartbeat.

Mauser

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It doesn't surprise me that Switzerland is on the first place in your list. For hundreds of years Switzerland has been the place for wealthy people to invest their money anonymously. Hiding the names and identity of their clients is one of the big selling points for wealth managers to open bank accounts in Switzerland. No wonder that they are staying up to date in the financial world. Innovations and going with the trend is one of the reasons of the crypto success. Having the chance to be independent and secure from the reach of federal governments is interesting for most investing. Unfortunately are the services provided in Switzerland usually for the wealthy clients. Trying to invest 5 or 10,000 USD is not very lucrative for the banks. That is why cryptos are so attractive for the average Joe.

horrifiedx1

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Cities with high natural resources will of course be faster in responding to the times, so that cities are very open to responding to the development of cryptocurrencies. On the other hand, an environment that is very influential on the rapid spread of news, among business people and their community, it will be easier for them to exchange ideas for mutual progress.

paxmao

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There is a public list of how easy is to do business by country. This is published officially and has certain weight on the decisions many large companies take on regards to where they choose to open central offices and even on how they decide to conduct business and on doing so at all. Corruption, they can live with most of the times for the larger part, but unnecessary burdens, taxes, bureaucracy, union power, and other issues of the like are not accepted.

https://www.visualcapitalist.com/ranked-the-20-easiest-countries-for-doing-business/

As you can see, the list matches well the list of cities you have listed.

LUCKMCFLY

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Quote from: Cling18 on November 27, 2021, 09:05:00 AM

These cities are open to modern technology adaption which includes cryptocurrency that's why their progress and modernization is too fast. Since people are knowledgeable and open to adaption, they're able to develop different aspects that affect the improvement of their city. I must say that these cities are risk-takers which is an advantage.

Because these cities are so relevant at all levels, it is noteworthy that they are practically the most representative in the world, with my good economies, but putting all of them aside, I think one of the cities that need to be reviewed or more Well, a nation that must be reviewed is El Salvador, whose country only survived with international remittances, and since President Bukele implemented the use of Bitcoin as one of his main currencies, everything is going well, in fact, everything they do he is earning great profits from the government whose action will be focused on the improvement of his country.

Topic: What do you think does this Cities have that we dont? (Read 283 times)