Which city deserves to be the blockchain capital?

mm2543363580

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Quote from: darewaller on September 19, 2022, 12:31:30 AM

I agree with El Salvador deal, I mean they are literally the first nation to make it a legal tender, if that doesn't make you want to create a crypto capital there then I do not know where it would be. Sure places like London or California, or even Singapore makes sense financially, London is huge on finance, California is 5th biggest economy of the world if it was a nation, and Singapore literally grew big based on the regulations they allow people to run around freely.

But, those are all regular finance world stuff, if you look at El Salvador you do not see a great nation, you do not see a rich nation, but you see a nation that is based on Bitcoin right now, it is getting bigger thanks to it.

Philippines and Nigeria are also growing on crypto but capital should be rich and secure where people feel free to come and do business with each other.
And I believe Dubai and Singapore are best because they have comparatively better visa policy

worldofcoins

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Quote from: el kaka22 on September 13, 2022, 12:31:34 PM

Interestingly Amsterdam is not far away from the current climate neither. I mean I agree that London is on another level when we are talking about finance, they are literally the headquarters of the world and even though USA looks like a richer nation and has wall street which is known as a big finance center, London is a lot bigger when it comes to moving money around like crazy.

Many people are suggesting London as blockchain's capital, I remember a project I was hyped up about which was initially built in London is Pillar an altcoin.
The altcoin PLR is used as fuel for the Pillar phone app.

Quote from: el kaka22 on September 13, 2022, 12:31:34 PM

So, crypto should be feeling very welcome there if the regulations are met, the law is not clear on it as much as we want it to be, because not every bit of angle on crypto is covered right now, simple stuff like trading and exchanges could happen, but we could also have a lot more stuff going on like defi or nft or whatever which could be built all there.

Yes you're right you also have to consider the law before making blockchain capital for London, I doubt OP checked the whole laws and regulations regarding the consideration of blockchain as capital for London.

serjent05

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I also think that conferences are irrelevant in naming a country to be the blockchain capital. I believe a blockchain capital should be a country that integrates blockchain technology and contributes the most when it comes to blockchain development and integration. Just because someplace is having lots of conferences I do not think that it is deserving to be a blockchain capital unless it fully integrates, propagates, and leads other countries in blockchain development.

Quote from: mm2543363580 on September 19, 2022, 04:16:00 PM

Philippines and Nigeria are also growing on crypto but capital should be rich and secure where people feel free to come and do business with each other.
And I believe Dubai and Singapore are best because they have comparatively better visa policy

I believe Blockchain capital should be the place that leads blockchain development and propagation. Regardless of security and wealth.

Mario Yamasaki

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Quote from: Techkoy407 on October 26, 2022, 07:47:41 PM

london might be better,because london is a safe city,
and progress in the country or city is quite good,
the technology is also good.

whichever city you mentioned above, all of them are also good for being the capital city of the blockchain,
but i chose london.

In my opinion, London already has a strong influence on Cryptocurrencies because currently there are many large projects based in London, besides London, in my opinion Dubai deserves to be a candidate because of all infrastructure and state policies on cryptocurrencies.

Techkoy407

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london might be better,because london is a safe city,
and progress in the country or city is quite good,
the technology is also good.

whichever city you mentioned above, all of them are also good for being the capital city of the blockchain,
but i chose london.

darewaller

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I agree with El Salvador deal, I mean they are literally the first nation to make it a legal tender, if that doesn't make you want to create a crypto capital there then I do not know where it would be. Sure places like London or California, or even Singapore makes sense financially, London is huge on finance, California is 5th biggest economy of the world if it was a nation, and Singapore literally grew big based on the regulations they allow people to run around freely.

But, those are all regular finance world stuff, if you look at El Salvador you do not see a great nation, you do not see a rich nation, but you see a nation that is based on Bitcoin right now, it is getting bigger thanks to it.

ShowOff

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El Salvador is the boldest country in terms of adopting bitcoin as a legal currency. The same regulation regarding crypto should make them more likely to be at the forefront of being represented as the best blockchain capital candidates, but what's the point?

El Salvador was the first country to echo the country's bitcoin city building, this is the best way for anyone not to forget it even though so far not many conferences have been held there. I think many government representatives from the crypto industry in different countries have done research on El Salvador's success in adopting bitcoin, so I think apart from a few Asian and European countries, El Salvador should be one of the worthy countries as blockchain capital.

bocyaj

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It’s very good one to make the capital based on the amount of transaction made on that city.It also based on the population involved in the trading of crypto currency with respect to the total population.But the drawback on this was,the decentralised nature of bitcoin will be spoiled.The decentralised way of bitcoin is the main reason for the huge pump in a short period of time in bitcoin.

YOSHIE

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When talking about the capital city, of course it must be seen in terms of the level of what percentage of the community, especially in the field of crypto investment and blockchain users, to become a blockchain city.

I am referring to the source below.

Quote

Crypto or cryptocurrency and blockchain investment in Singapore has skyrocketed more than 10 times last year. This is a record high while strengthening Singapore's perception of being a crypto-hub country as a digital asset.

From the data that I see, currently crypto & blockchain is one of the hot discussions this year that is happening in Singapore, currently Singapore is included in the list of number five countries that use crypto & blockchain as a whole in the fintech investment field & education.

Several well-known universities in Singapore have developed education and support ecosystems for blockchain, which is one of the technological systems used to store all data in a digital way, technology, industry, blockchain is one of the new breakthroughs that Singapore has long dreamed of.

I think blockchain insight in all aspects especially in the field of education in Singapore will make good progress in the future, for that, the best blockchain city from the international sector, in my opinion, Singapore deserves to be proposed.

el kaka22

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Interestingly Amsterdam is not far away from the current climate neither. I mean I agree that London is on another level when we are talking about finance, they are literally the headquarters of the world and even though USA looks like a richer nation and has wall street which is known as a big finance center, London is a lot bigger when it comes to moving money around like crazy.

So, crypto should be feeling very welcome there if the regulations are met, the law is not clear on it as much as we want it to be, because not every bit of angle on crypto is covered right now, simple stuff like trading and exchanges could happen, but we could also have a lot more stuff going on like defi or nft or whatever which could be built all there.

Invester

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I didn't knew London has more events than New York or Miami or Singapore. Even Rome at the third spot is new to me.

If I were to pick a city to become the blockchain capital I will favor New York. New York is the world's capital to stock market. Wall Street is there too. New York as a blockchain capital in the world would ignite the crypto market. Stock traders will become more exposed to cryptocurrencies and it won't take long before they will study it and then they will enter the crypto market also. New York will make crypto big.

shynar_data40

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Quote from: worldofcoins on September 10, 2022, 08:30:05 AM

I'd choose Singapore because I think they're most creative in their approach to tackling situations.
For example, take a look at their water purifying system. They convert every drop of wasted water into drinkable, and that's crazy wow for me.

You can call me a tech fan because the reason I chose Singapore for the blockchain capital but I don't mind.

I agree, their techology is fascinating, now Singapore is even being called Asia's haven for blockchain startups. But amid the recent downturn in the cryptocurrency market and the spectacular collapses of cryptocurrency firms such as Terra, the Singapore authorities seem to be getting bolder in their criticism of the crypto industry and outlining its potential dangers, with legislation and licensing becoming more difficult. Do you think Singapore will loosen requirements for market players?

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Quote from: AmoreJaz on September 12, 2022, 05:13:12 PM

Quote from: samcrypto on September 12, 2022, 04:48:55 PM

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To me a country which have a softer visa policy should be the hub
I am not in the clear mind state - I have to complete all the comments - too I will read all the comments and will come up with my suggestion

This is a good suggestion since other countries are too strict when it comes to visa application but of course it will still depend. Having more events doesn’t tell you to be the blockchain capital, i believe it will still depend on how friendly that country is and if blockchain technology or cryptocurrency is already accepted on that country and being used by many.

It’s hard to tell where the capital is but the good thing here, many countries are now accepting crypto and that is what matter the most here.

for me, this should not be a competition at all. the more cities we have in terms of being open to crypto market, the better. because it means, more people will be encouraged to join this market if they are promoted by more cities or countries. it will also lessen the hesitations of most newcomers about the negative notion about crypto.

But then again - if people have to go and attend meeting and the visa policies are sticker - how would people be able to meet and discuss the matters with other in the industry so for me too - softer visa policy should be the main priority.

These days Visa processes weren't a big issue when you're an investor. Even for layman this has turned to be an easy thing, if there is no legal issues out of crime and other activities. Most of the countries mentioned were good, but for me it is Singapore which best suits for the technology based move.

AmoreJaz

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Quote from: samcrypto on September 12, 2022, 04:48:55 PM

Quote from: ?? on ??

To me a country which have a softer visa policy should be the hub
I am not in the clear mind state - I have to complete all the comments - too I will read all the comments and will come up with my suggestion

This is a good suggestion since other countries are too strict when it comes to visa application but of course it will still depend. Having more events doesn’t tell you to be the blockchain capital, i believe it will still depend on how friendly that country is and if blockchain technology or cryptocurrency is already accepted on that country and being used by many.

It’s hard to tell where the capital is but the good thing here, many countries are now accepting crypto and that is what matter the most here.

for me, this should not be a competition at all. the more cities we have in terms of being open to crypto market, the better. because it means, more people will be encouraged to join this market if they are promoted by more cities or countries. it will also lessen the hesitations of most newcomers about the negative notion about crypto.

samcrypto

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Quote from: ?? on ??

To me a country which have a softer visa policy should be the hub
I am not in the clear mind state - I have to complete all the comments - too I will read all the comments and will come up with my suggestion

This is a good suggestion since other countries are too strict when it comes to visa application but of course it will still depend. Having more events doesn’t tell you to be the blockchain capital, i believe it will still depend on how friendly that country is and if blockchain technology or cryptocurrency is already accepted on that country and being used by many.

It’s hard to tell where the capital is but the good thing here, many countries are now accepting crypto and that is what matter the most here.

Jemzx00

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Quote from: Wapfika on September 12, 2022, 07:27:16 AM

Is this the best for Blockchain to have a capital country? Satoshi become anonymous just to make the Bitcoin blockchain completely anonymous and can’t be taken down by the regulators while people that adapts want Blockchain to become centralized at all by choosing a country to it’s capital.

Maybe crypto capital is the right term and not blockchain if the main purpose of the topic is about adaption level of different country to the use of crypto.

Having a Crypto or Blockchain Capital would vary depending on how we interpret things. You may interpret it as having a decentralized platform such as blockchain and having a blockchain capital may somehow negate its meaning as the anonymity of having a central capital where blockchain or crypto is well-versed.

However, we must look into the fact that there are a lot of places where crypto and blockchain are banned while in some places it is welcomed and widely accepted. We may identify it as the Blockchain Capital however before we may be able to decide whether or not it is to be considered as the capital, various aspects should be factored out, and not only the most hosting but also the most adaptations done.

Obito

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San Francisco is my likely candidate for the blockchain capital because that city houses the Silicon Valley region which is the melting pot of all technological innovations out there and why wouldn't we choose it when it's already obvious. I would nominate in second place is probably Estonia with their adoption of technology and focus on computer science related stuff, they can be a good capital too.

EarnOnVictor

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In my truthful opinion in relation to what Satoshi wants, no country should be or deserve to be the capital of blockchain, anyone can do their conference anywhere before one country will begin to claim superiority. You don't know human beings, when they are now talking about capital in the name of gatherings, they will look for a way to semi-centralise the blockchain in the guise of it being a decentralized one. Bitcoin and other important coins should remain decentralized and no meetings or headquarters should be thought about irrespective of the countries that hold or trade it mostly. The principle and mechanism of operation are there already online, nothing should alter it, not even conferences. In no time, they will begin to manipulate one thing or the other and bring politics into it.

Conclusively, all countries should/deserve to be the headquarters of blockchain.

worldofcoins

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Quote from: CryptoHeadlineNews on September 10, 2022, 08:21:14 PM

Las Vegas is popularly known as the city of gambling because it has the highest rate of gambling activities and highest revenue generated from gambling activities, so in regards to the question you just ask, the city with the highest Blockchain activities should be called the Blockchain city, while the city with the highest crypto/Bitcoin activities and revenue generated from crypto should be also known as the crypto/Bitcoin capital, likewise vice versa to any other

It's true Las Vegas is popularly known as the city of gambling but making it the capital of crypto will mostly harm the reputation of blockchain, showing it's leaning toward the gambling hub of the world.

I think one of the innovative countries deserves the title of capital. That's the reason I chose Singapore.

Wapfika

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Is this the best for Blockchain to have a capital country? Satoshi become anonymous just to make the Bitcoin blockchain completely anonymous and can’t be taken down by the regulators while people that adapts want Blockchain to become centralized at all by choosing a country to it’s capital.

Maybe crypto capital is the right term and not blockchain if the main purpose of the topic is about adaption level of different country to the use of crypto.

Topic: Which city deserves to be the blockchain capital? (Read 477 times)