All the counties and cities in your list have one thing in common-High standard of living.
This attracts young and talented people from the poor countries,which leads to a migration from the poor to the rich countries.
All those countries also have several other features:
1.Less bureaucracy and easiness of registering and running a business(maybe except USA).
2.Good educational system.
3.An abundance of young and highly qualified people(some of them are coming from underdeveloped countries).
4.An abundance of risk seeking investors,who are willing to invest into high tech startups.
5.The entrepreneur culture in these countries favors innovation and new technology,rather than traditionalism and conservatism.
6.Good infrastructure.
Topic: What do you think does this Cities have that we dont? - page 2. (Read 283 times)
The government of this countries are innovative and have the growth of their economy at heart, some of them may not know in details what the system the have adopted is all about but the trust the judgement of their citizens and are particular about how the economy rises in the nearest future.
Unlike most of our countries which instead of adopting the system choose to completely ban the use of it with no justified reason.
If we're to research thoroughly, we'll find out that this countries are doing far better than those of ours yet to adopt the system.
Unlike most of our countries which instead of adopting the system choose to completely ban the use of it with no justified reason.
If we're to research thoroughly, we'll find out that this countries are doing far better than those of ours yet to adopt the system.
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.
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.
I can tell you just about a few of them:
San Francisco was able to create a hub of technology and a go-to place for innovation as a first mover. Many other cities have tried to replicate this, but is just not possible - it has to grow organically from a certain economic, political and cultural environment.
London has an abnormally oversized financial sector and two of the world class universities nearby. Money, talent and fintech grow well together. Needless to say that Londoners have an insatiable appetite for the next gadget or service out there that can either make their life better or make them look better.
Miami and Florida in general have the University of Central Florida and other educational centres that may not be the firsts you would hear about but are certainly doing their job in creating high-paying ready individuals and feeding the accelerators and incubators, second only to California.
San Francisco was able to create a hub of technology and a go-to place for innovation as a first mover. Many other cities have tried to replicate this, but is just not possible - it has to grow organically from a certain economic, political and cultural environment.
London has an abnormally oversized financial sector and two of the world class universities nearby. Money, talent and fintech grow well together. Needless to say that Londoners have an insatiable appetite for the next gadget or service out there that can either make their life better or make them look better.
Miami and Florida in general have the University of Central Florida and other educational centres that may not be the firsts you would hear about but are certainly doing their job in creating high-paying ready individuals and feeding the accelerators and incubators, second only to California.
Very few countries around the globe are technology wise developed. When we talk of innovation/technology based development what comes to mind is the infrastructure development. Very few countries are able to plan and execute thinking the future, whereas most of the countries plan the infrastructure development for a short term. In terms of cryptocurrency adoption my city hasn't reached a milestone, because of the government's on the same. But people of my country are much used to it and are to the next level of adoption.
The main reason for this is that many nations do not have the funds to improve tech. Many nations are working to just survive, whereas there are some super rich nations with liberal policies where they do pay people for innovating or creating great jobs and so forth. Amazon (as far as I know) didn't pay a dime in federal taxes for example, which is proof enough that they are promoted to use that for creating more jobs and innovation.Elon musk got 3 billion dollars in contract and a ton of billions of dollars as a loan as well just so he could create spacex and keep it going. So, I would say that it is clear when there are a lot of money in a nation then innovation could be done by government or it could be done by people in that nation and get funding. Which is why we see it in those cities and not in other cities who are barely surviving and under a lot of debt.
Funny thing.
Even if UK adopted Bitcoins wholeheartedly they still do not accept cryptocurrencies as a form of investment for supporting financial statements. Which does mean that there is still a long way to go for them.
I do think we should talk about El Salvador in detail as well what the country is doing is amazing. They are even going to mine Bitcoins using renewable sources of energy which can also be taken as a green flag for the Environmental summits happening every now and then.
My native country is suggesting to ban bitcoins right now which I think would be immensely sad for the people involved rest there are still countries like Ukraine which is silently accepting bitcoins and cryptocurrencies more.
Even if UK adopted Bitcoins wholeheartedly they still do not accept cryptocurrencies as a form of investment for supporting financial statements. Which does mean that there is still a long way to go for them.
I do think we should talk about El Salvador in detail as well what the country is doing is amazing. They are even going to mine Bitcoins using renewable sources of energy which can also be taken as a green flag for the Environmental summits happening every now and then.
My native country is suggesting to ban bitcoins right now which I think would be immensely sad for the people involved rest there are still countries like Ukraine which is silently accepting bitcoins and cryptocurrencies more.
Very few countries around the globe are technology wise developed. When we talk of innovation/technology based development what comes to mind is the infrastructure development. Very few countries are able to plan and execute thinking the future, whereas most of the countries plan the infrastructure development for a short term. In terms of cryptocurrency adoption my city hasn't reached a milestone, because of the government's on the same. But people of my country are much used to it and are to the next level of adoption.
This list doesn't make any sense. Innovation doesn't matter at all if you're talking crypto. Bitcoin itself is not innovative, it's an alternate currency system, the technology is not ground breaking, it's not new. The only hotspots for Bitcoin are economies that can support it, meaning a wealthy population. Whether or not the Nordic countries are innovative in their technology has little to do with bitcoin adoption if the population are generally satisfied with their government and sustain confidence in their local currency. There is no incentive to ditch government back currencies if you already trust them.
Regarding the lists overall, I agree these are largely prosperous places, but there's one important exception: El Zonte. El Salvador is a country with a terrible economy, and the majority of people there are far from rich, with many living in poverty. If you read about El Zonte, it's a village where people are fishing and farming, and photos don't exactly scream 'prosperity'. That's because unlike the rest of the list which consists of places that can basically afford to take a risk and experiment with innovations because they're prosperous, El Salvador basically went all-in on Bitcoin, which is a huge risk they're taking out of desperation and due to their authoritarian leader's strong faith in Bitcoin.
The difference is that if your nation is a dictatorialship or just not "great" in any regard at all when it comes to corruption, then it means you leave it to the dictator in charge to accept bitcoin and crypto. Whereas when you are in a great nation where even the president could be charged with something (which may sound understandable to some people who live those nations but UNIMAGINABLE for people like me where I live) you could get people to actually care about a thing and get it legal.El Salvador is different because it was the president who pushed for it, if in North Korea the president there ends up wanting to push for it, he can, if China wants to they can, if they don't want to they could ban it, simple as that. So all in all I would assume that it would be very reasonable for certain not so rich nations to end up getting crypto to accepted only if the president wants to.
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.
Op, in terms of the difference between the list of top cities and top countries, I think it's because in some places big cities (often the capital) have a high degree of autonomy and can act swiftly and be more progressive than their countries in general.
Regarding the lists overall, I agree these are largely prosperous places, but there's one important exception: El Zonte. El Salvador is a country with a terrible economy, and the majority of people there are far from rich, with many living in poverty. If you read about El Zonte, it's a village where people are fishing and farming, and photos don't exactly scream 'prosperity'. That's because unlike the rest of the list which consists of places that can basically afford to take a risk and experiment with innovations because they're prosperous, El Salvador basically went all-in on Bitcoin, which is a huge risk they're taking out of desperation and due to their authoritarian leader's strong faith in Bitcoin.
Regarding the lists overall, I agree these are largely prosperous places, but there's one important exception: El Zonte. El Salvador is a country with a terrible economy, and the majority of people there are far from rich, with many living in poverty. If you read about El Zonte, it's a village where people are fishing and farming, and photos don't exactly scream 'prosperity'. That's because unlike the rest of the list which consists of places that can basically afford to take a risk and experiment with innovations because they're prosperous, El Salvador basically went all-in on Bitcoin, which is a huge risk they're taking out of desperation and due to their authoritarian leader's strong faith in Bitcoin.
I think the most obvious reason is that the high ranking officials of those respective countries aren't too corrupt and greedy about the connections they have despite of their positions in the government, they prefer to adopt new technologies and inventions as time goes by and have the right funds for the right projects. Especially when cryprocurrencies are so famous and so fancy to own nowadays, they had the right mindset that's why their economy keeps on growing.
And that's how they stay in the top 10 list of most innovated countries across the globe.
And that's how they stay in the top 10 list of most innovated countries across the globe.
It's the people that will normally drive adoption, and since people elected the people who will govern the country, they should be listening to what people want, and crypto although new can be regulated so adoption is happening because the government is willing to adopt and regulate crypto.
In our country, crypto is already regulated but the adoption is still low, well, what can I expect, our country is not as rich as the countries listed in the OP, so we will just follow, but it's better than to be left behind.
In our country, crypto is already regulated but the adoption is still low, well, what can I expect, our country is not as rich as the countries listed in the OP, so we will just follow, but it's better than to be left behind.
Many time I get the fact that innovation are adopted much faster by western countries than my countries. There must be a factor that causes these countries to top the list in term of openness to adopting new emerging innovation and one of them is culture and information. Developed countries will lead, while developing countries will always be left behind.
Finally the last major aspect could be the relative amount of research, development and production that can be achieved per dollar. Scientific research that costs $20 in the USA might be equivalent of $1 of scientific research that can be achieved in another country. For reasons similar to american healthcare being more expensive in contrast to foreign nations.
Then why is the US there higher placed than Spain, France, and Germany?
You said the cost is a negative here, I don't think anyone would claim deregulation is a key factor, not with all the laws in the EU, I honestly think they would score again in education against the US, at least according to the PISA scores, and credits and loans are actually more accessible in at least one of these countries, so why are they lagging behind?
The reason is exactly money, but not how you pictured it, the enormous amount of money the USwith its investors and companies can throw at any project sums that other countries can't even dream of. That's why everyone migrates there with their start-up with they shall company once it has a product, the difference in available financing is beyond enormous.
Not worrying about justice. I know that "justice" may not be something that many people who live in those places realize that they have and very valuable but for all of us who live in other nations we realize that justice is the most important thing. When your nation is so corrupt that you find out your president stole few billion dollars from the citizens and it didn't even make the news, I do not mean any consequences, it literally doesn't even make the news because news is afraid of the president and doesn't deliver that news, so you find out about it on social media.
This is why justice is important for innovation and planning for the future. If you do not have justice, then who will make innovations? Nobody would be caring about getting better because they do not have a hope that it will be supported and someone close to president could literally steal it anytime they want.
This is why justice is important for innovation and planning for the future. If you do not have justice, then who will make innovations? Nobody would be caring about getting better because they do not have a hope that it will be supported and someone close to president could literally steal it anytime they want.
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? 
Both have different cause:
- Countries that have faster technology adoption = they invest heavily in human capital (education, R&D, etc.)
- Countries that adopt Bitcoin = they have more freedom or less government intervention*
*it shouldn't be that way since money is heavily used in commerce/trade, so in the future when governments become more open to Bitcoin, countries/cities that adopt Bitcoin should be countries/cities that do a lot of trade.
- Countries that have faster technology adoption = they invest heavily in human capital (education, R&D, etc.)
- Countries that adopt Bitcoin = they have more freedom or less government intervention*
*it shouldn't be that way since money is heavily used in commerce/trade, so in the future when governments become more open to Bitcoin, countries/cities that adopt Bitcoin should be countries/cities that do a lot of trade.
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?
It is easy to follow that if your country or city is one of the most innovative countries or cities in the world that it is also a Bitcoin hotspot. If a country or city is very open to innovation, it is most likely that it has also embraced Bitcoin, one of the most popular rising innovations in finance for the past years.
As to why these countries are top in terms of innovation, I cannot speak as if they all share similar characteristics. There must be a mixture of factors. Hydrogen mentions some of them.
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2) Do you think of the people of the Government? on why this country is listed in the top 10 best?
Partly, it is about the government. After all, whether a country embraces a certain innovation or not largely depends on policies and regulations and whether or not they are tolerant and open. But there must be far deeper reasons why a certain country, people, culture, and so on are leaning toward adoption and not resistance to innovation.
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?
2) Do you think of the people of the Government? on why this country is listed in the top 10 best?
1. Its all about acceptance and thanks to the government itself because it wont boom out if government had banned or having negative stance to crypto in the first place but it turns out to be positive then it did really make adoption more faster.
2. Level of adoption and thats just common sense.They wont be on the rankings if we do saw low recognition or adoption of bitcoin.
Not on the sense on being legal tender but at least on some aspect which turns out to be positive.
How about minding on telling those negative ones?
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