Deregulation is usually a key factor behind high rates of growth and innovation. Less red tape and obstacles to overcome on the development and production side of things, usually translates to higher growth.
Education and quality development of youth another critical factor. Greater intelligence and knowledge of citizens, translates to higher degrees of growth and innovation.
Credit and loans (liquidity) is another key element of high growth and innovation. A lower bar to entry for quality start ups acquiring financing, will translate to higher rates of growth and innovation.
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.
Culture also factors in. Nations like japan which have high rates for interest in engineering and science fields. Typically enjoy higher rates of innovation and development than nations like the USA lacks a culture of interest in engineering and science fields. The united states has tried for many years to foster interest in science and engineering in its youth. Without success.
Topic: What do you think does this Cities have that we dont? - page 3. (Read 293 times)
For a lot of those countries, it's not very risky to do something and fail and enough people know that to try. The UK historically has around 30 years of innovation and 20 years of slowness (very roughly) and if this has been the same internationally then that might have been a contributing factor to those countries that have experienced all (3?) cycles so far.
Rather than the government it's probably more the culture though too that forces the government to make decisions. But I'm quite surprised China, India, Germany and France also aren't on the list if this is just based off innovating.
As simple as that, it is known that if you have more resources then you can take more risks, and this is because in the case you fail that was some spare money you had set aside that it is not going to interfere with your lifestyle if you lose it, someone that is more limited in their resources will instead decide to go for the safest option as they cannot take the same risk and this means they will have some problems innovating and adapting to inovation. Rather than the government it's probably more the culture though too that forces the government to make decisions. But I'm quite surprised China, India, Germany and France also aren't on the list if this is just based off innovating.
Rather than the government it's probably more the culture though too that forces the government to make decisions. But I'm quite surprised China, India, Germany and France also aren't on the list if this is just based off innovating.
Because as always they tend to make these list on some indicators that have little to do with the actual innovation, here is an example and mix a lot of socialism flavored rating in it, like the GDP PPP in half of them and a lot of useless stuff like Wikipedia edits.
Another stupid criteria is the energy production per capita, lol, what this has to do with innovation? It helps Russia score the 26th rank on that and get close to Portugal on the general score on infrastructure. Just because of that Norway who ranks 1 on that will get a 3rd place overall even with the others criteria ranks being over 20.
It all remains at the discretion of a country whether to take action more quickly towards the advantage in terms of Bitcoin adoption or to let other countries take over first. Because if we talk about a country's progress, it depends on its policies, which make it each have its own advantages. If it is classified as developed and developing countries, it will be very difficult to see such rapid development and provide equality to the community.
The list above has indeed become quite a concern, but it cannot be separated from the pros and cons that are still obstacles to their achievement of economic growth. Especially when talking about cities where they make a big contribution to their economic life, which is the benchmark for success.
The list above has indeed become quite a concern, but it cannot be separated from the pros and cons that are still obstacles to their achievement of economic growth. Especially when talking about cities where they make a big contribution to their economic life, which is the benchmark for success.
Well, from the point of view of New York.... let's just look at what happened with them in the early days of Bitcoin, namely :
Benjamin Lawsky wanted to profit from Bitcoin, by creating the most complex business license for virtual currency activities in the world (called BitLicense) and this was developed and implemented back in July of 2014. He was the Superintendent of Financial Services back then, but he knew he could make big profits by charging people to "assist" them as a consultant to adhere to all the "red tape" that was required to get that license.
So, he single handily f#%#cked the New Yorkers in the early days and created a huge barrier to entry for Crypto businesses to flourish. The bureaucracy and politics in these cities.... killed their innovation and paused their progress as a Crypto currency hub.
Benjamin Lawsky wanted to profit from Bitcoin, by creating the most complex business license for virtual currency activities in the world (called BitLicense) and this was developed and implemented back in July of 2014. He was the Superintendent of Financial Services back then, but he knew he could make big profits by charging people to "assist" them as a consultant to adhere to all the "red tape" that was required to get that license.
So, he single handily f#%#cked the New Yorkers in the early days and created a huge barrier to entry for Crypto businesses to flourish. The bureaucracy and politics in these cities.... killed their innovation and paused their progress as a Crypto currency hub.
I see most of the countries listed here are small, both demographic way and by population except the China country. The benefit of being small has got big relationship with the countries development and also how they spend the money on innovations. The fact that they have less population and more industrial revolution bring more money to the country and less expenses for government too for developing the nation. This very much burden increase the chances of adopting automising of country at low budget or they just have so much money to adopt the tech that it feels like cheap for them.
Now for country like India where there is huge population and big demography to develop its very hard one to do. Before you could even fulfill the basic need of one population there arises another demand from other activists ans what not. This has led to under developed systems, bad educations out reach and ultimately less adoption of tech stuf. This is big topic to discuss and I think I have just spoken drop from the ocean as to why some of them are so adaptive for tech and some of them are not.
Now for country like India where there is huge population and big demography to develop its very hard one to do. Before you could even fulfill the basic need of one population there arises another demand from other activists ans what not. This has led to under developed systems, bad educations out reach and ultimately less adoption of tech stuf. This is big topic to discuss and I think I have just spoken drop from the ocean as to why some of them are so adaptive for tech and some of them are not.
Hmm, probably the factor of being more advanced than others (minor part) and their spirit of innovativeness probably? (Major part). They also have plenty of space to support said innovativeness hence why they're pretty open to adopting crypto. There'd probably be more countries there tbh but their government is generally in denial of crypto development. Honestly, the concept of money makes the world go round couldn't be more apt, the more resources one country has the more chances they have to explore and innovate after all.
Your list contains highly developed countries that have either a strong economy or have a lot of export. When a country has money, it can channel money for development of different spheres. Developed countries invest in science a lot, so technologies are developing very fast there.
In terms of adopting crypto, it is being adopted not only by developed county as the only one which accepted Bitcoin as a means of payment was Salvador that is not very rich country and because of hyperinflation it adopted Bitcoin.
In terms of adopting crypto, it is being adopted not only by developed county as the only one which accepted Bitcoin as a means of payment was Salvador that is not very rich country and because of hyperinflation it adopted Bitcoin.
1. I think that is because those people in the top list countries have an open mind to accept a new thing that pops up in many places so they start learning about what that thing is and trying to get involved deeper to see if they can benefit from that or they should leave it right away.
2. It could be people from the government who are involved in the crypto or ordinary people because we do not know who are they who support crypto.
When people think about how they can increase their wealth, they will try to search for other sources of income. And when crypto came to them and offers the investment side by holding crypto for some period and those people see the chance, they will start to buy and hold it and boom, suddenly, their investment grows fast from time to time.
But that is just speculation as we do not know what is the real reason for that country that have fast adopted crypto.
2. It could be people from the government who are involved in the crypto or ordinary people because we do not know who are they who support crypto.
When people think about how they can increase their wealth, they will try to search for other sources of income. And when crypto came to them and offers the investment side by holding crypto for some period and those people see the chance, they will start to buy and hold it and boom, suddenly, their investment grows fast from time to time.
But that is just speculation as we do not know what is the real reason for that country that have fast adopted crypto.
For a lot of those countries, it's not very risky to do something and fail and enough people know that to try. The UK historically has around 30 years of innovation and 20 years of slowness (very roughly) and if this has been the same internationally then that might have been a contributing factor to those countries that have experienced all (3?) cycles so far.
Rather than the government it's probably more the culture though too that forces the government to make decisions. But I'm quite surprised China, India, Germany and France also aren't on the list if this is just based off innovating.
Rather than the government it's probably more the culture though too that forces the government to make decisions. But I'm quite surprised China, India, Germany and France also aren't on the list if this is just based off innovating.
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)
______________________________________________________________________________
https://www.worldfinance.com/home/the-10-most-innovative-countries-in-the-world
______________________________________________________________________________
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
______________________________________________
https://www.investopedia.com/articles/forex/042415/10-cities-leading-bitcoin-adoption.asp
______________________________________________
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
1. Switzerland
2. UK
3. Sweden
4. Finland
5. Netherlands
6. US
7. Singapore
8. Denmark
9. Luxembourg
10. Hong Kong (China)
______________________________________________________________________________
https://www.worldfinance.com/home/the-10-most-innovative-countries-in-the-world
______________________________________________________________________________
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
______________________________________________
https://www.investopedia.com/articles/forex/042415/10-cities-leading-bitcoin-adoption.asp
______________________________________________
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
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