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

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

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.



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.

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.



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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

Why can London be an American city while London is in the European part? I think that the problem with more events in the London area is because London has cool air temperatures that tend to be cold, ranging from 11 to 15 degrees Celsius. Let alone Asian tourists, residents of London were reluctant to linger outside when the wind began to blow hard.

So London is more suitable to be the blockchain capital because it is easier to reach by everyone in other parts of the continent and also with a fairly dense population there.
So that it can be easier to hold any event related to blockchain because there are also more people who know about blockchain.

Your idea that in time a cryptocurrency capital will be created on Mars or the Moon is interesting.
Don't you think it will become a global commons and making it a cryptocurrency capital would be inappropriate?
What do you think about London and Dubai?

I'll also go with Singapore, because it have made themselves high in technology adoption earlier. It also have the system that lets Investment to me made with ease than other countries. So, more number of blockchain startups have moved from other countries to Singapore. Next in my list will be Dubai, which always intend to keep themselves top in technology. The oil wealth is an advantage for them to go high and make things better.

My vote is for Singapore. They have a great success story. Every time I look at their history, I am impressed. In just 30 years, they have done great work with an innovation-based growth model. I think this small country that has managed to become an important part of the financial world can also succeed in becoming the capital of the cryptocurrency world. Also, I would not say no to a commemorative coin to be minted in memory of Lee Kuan Yew. :)

Most of these crypto event organizers usually look for the perfect venue that a lot of crypto enthusiasts will attend and they always do this base on the nucleus event team's decision.
Therefore, a certain city having a huge number of crypto events does not justify the city being the deserving city to be the blockchain capital, and the last time I checked every government acknowledges blockchain but only a few support cryptocurrency, and a city with a huge tax on crypto or which government doesn't legalize crypto doesn't deserve to be blockchain capital.

Like Satoshi, we should all be humble and not seek out fame, so creating such a label will always be fraught with difficulty and is totally unnecessary. The amount of events these places hold is completely redundant in meaning as well, because they could be super small or super large, they could be garbage or high quality, so it has no bearing on how useful they are. It is best to see innovation happening all around the world because there are almost 8 billion minds coming up with good ideas every day and they should not be stifled due to their location. Besides, with so much activity taking place online these days and work at home being so big, everyone is becoming more scattered already.

Time after time each country is making progress and they will step forward into the blockchain. Also regarding bitcoin and cryptocurrencies, I guess between countries and cities mentioned by OP New York deserves the most because they have had bitcoin atms for a long time and events since years ago also there are freedom for bitcoiners and the mayor of New York is a bitcoin-friendly person. However, regarding the op post, I should say the events are not good reasons for blockchain capital by themselves.

I don't think having that title would be necessary because each country has blockchain activities that some people aren't aware of. There are lots of countries that are involved in blockchain and as long as adoptions and developments are happening each country should be known as a blockchain city.

Than in other what? Events? Organizers choose more than one city because not all people can attend the event as they are too far. @STT common man it's only just an event or a meeting to help spread the word blockchain so let us not take things seriously.

This does not affect the decentralization of the blockchain but it is still fully decentralized. We can just treat this the same to those countries who are titled to be the first to adopt btc or to make btc as a legal tender. London got 26 events so far but I think Dubai and Singapore will be a better venues for this. Not only about cryptos or blockchain but Dubai is known for business meetings while Singapore has a good ambiance. It's clean and there are great scenery there.

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

Agree with what you said, Apart from making this into other pros and cons, this is also an assumption that when there is a city that is used as capital for crypto this becomes another conversation because with things like this there will be things that are difficult to accept such as for example, when there is a city that is friendly to Crypto but the government still makes this thing Illegal or Neutral, for example, this will also be an irony later.

It's nice to see a list of worldwide cities that are hosting blockchain events; however, this in and of itself should be the ultimate qualifier but one of the criteria.  Before going any further, I would say to stop right here as naming a "blockchain capital" just feels too much like centralization.

What's the purpose of having a blockchain capital?. I don't think it's necessary to have Blockchain capital because if I know there is one then It will make me feel that it is not decentralized when it is really decentralized. Having a capital is just like giving an impression that it id centralized in my opinion and may cause damage to crypto as what kakmakr said but if there will be one then I would choose Singapore for that.

The Dubai government is supporting the cryptocurrency space and they understand the trend and they want to make sure they want to attract investors in this regard and few of my friends moved to Dubai once the Indian government implemented exorbitant tax but everything that glitters in Dubai is not gold as you cannot find qualified IT expert even for e commerce companies as they hire freelancers if they have any major technical issues .

So when it comes to government friendly places for cryptocurrencies Dubai will be the place in the next 5 years, Singapore is a good spot but it is bloody expensive place to move if you are an outsider.

A very interesting and beautiful topic. When I look at the list, I think the city that will suit me best is London. It hosted many conferences that I followed closely. After that, I can say that it would be a city from America.

I can tell you which one does not deserve to be the Blockchain capital of the world ===> New York!!

They damaged Bitcoin in the early days with their "BitLicense" fiasco ....when Benjamin Lawsky tried to create a barrier to entry to Bitcoin... by creating some of the most complex license requirements known to man. 

It later became clear why he did this, because he started a consultancy firm to help people to adhere to this license. (So he created a job for himself, because he knew his time as Superintendent of Financial Services were at an end.)

Ownership. It doesn't matter.
Blockchain is used to avoid that. So, there should not be any blockchain capital in the world. It doesn't matter where you are as long as you are using the technology.
If there will be a place where people will visit just to see how cool a blockchain capital is, then we are repeating the mistakes our ancestors did. Let it be free, there is no necessity to put that claim to anyone. If they are doing events then good, if not but the support is intact then cool.

Singapore become a Crypto Hub of many investors especially when China bans cryptocurrency in Asia. Singapore's friendliness toward crypto helped attract crypto firms and investors to their country as some trading and altcoin projects were located there, it has also numerous bitcoin ATM that can be use in Singapore. Though there is no need to identify which should be the so called Capital but maybe in Asia Singapore can be consider as is since the Government supports crypto development but other countries might offer more factors other than being the event center or high adoption rate.

London.

Now the queen is dead, we have a new king.

Maybe King Charles (the first of his name king of the Andals and the first men, lord of the seven kingdoms, and protector of the realm) will be a more crypto friendly king unlike the dead queen.

If there will be a crypto capital, it should be either New York or London but USA is pretty paranoiac with the money stuff so I wouldn't count on them too much. I think UK is better in this regard so London would be a greater choice.

Rome, Dubai, San Francisco, Miami, Singapore... these are all crap choices imo.

Miami.... FFS... Why not Amsterdam?

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.

The last idea seems more reasonable. The centers could be regional based so that managing such conferences could be far easy and locality could gather way faster than international conference. It may happen that interested acquaintances may not get invitations for the VISA applications or even if they get its no guarantee they will get visa approval for the same. There are some issues which are never thought off for international meet ups. It might be easier for the western peeps to get visa faster than the other half. So why not have it regional based and everyone gets involved.

El Salvador appears to have made the largest per capita commitment to crypto. If there is a capital they might merit the distinction.

Given the history of the internet I wouldn't be surprised if someone tried to establish a capital somewhere in international waters. There is unclaimed land near the mojave desert and far south not far from antarctica. Perhaps cryptocurrency capitals could be established there. Or perhaps one might eventually be established on mars or the moon. All of the motivation for such things appears to have waned. Local governments have shown that they will not tolerate such positions to be established in international waters near their borders. Which could have put a damper on things.

People have flocked to find sympathetic representatives. There are a few US states who are sympathetic or even supportive of crypto. While other US states have adopted the opposite approach. I don't think its too hard to tell which direction the wind is blowing. But you can never tell.

But for some reason blockchain events are held more often in some cities than in others. Why do you think organizers choose 1 city more often?

Blockchain is a decentralized technology that was developed to be able to accelerate and secure transactions globally.. because it is a decentralized technology, this technology should be available globally,,, can be developed by everyone, and not centralized in one place, because when it focuses on in one place, meaning that there are parties who can monopolize blockchain technology .. especially without the "Blockchain Capital", I think blockchain technology itself has developed very much in recent years, so I don't think this blockchain capital is needed rn

That's just the big events, but there's also the problem of keeping track of the smaller ones, such as blockchain breakfasts.
Have you attended such small events? Where do you keep track of blockchain events?

I agree that a big future for crypto industry can be expected in Dubai. Unfortunately, I have not yet had a chance to go to an event there. Were you able to take part in a major blockchain event in Dubai?
Have you organized a blockchain event?

I wouldn't want one to be but if I were to be forced to pick, it'd either be Singapore or New York. They're both hubs imo in the eastern and western side, I wouldn't even mind if both were considered as one. But yea, if possible I wouldn't want one to exist since I don't think we even need it in the first place. Maybe if a group or community wanted to establish one, it'd be better as a traveling group of sorts that goes to various countries voluntarily instead of tying it to a single country.

Or just let every place be its own blockchain capital, if they wanted to.

I'd vote on Dubai. The number of crypto events are largely irrelevant. I could register a hotel lobby, gather a party of a dozen people for a Bitcoin event anywhere in the world to run the tally up if that was the standard.

I'd consider any city that is pro-crypto, anti-regulation, and pro-free market to be the only contenders. UK and U.S. will be regulating Bitcoin soon, more than they have already. London is out, NYC is out (along with any other U.S. cities) on your list.

Dubai's economy and tech space has developed rapidly over the last 20 years. My understanding is their regulatory governance board has allowed some crypto companies to offer their services there recently. Seems to me they'll embrace Bitcoin more than any other region. They'll likely become a crypto hub with large crypto corporations HQ'd there over the next decade.

A few years ago, it was likely Malta was the best IMO because of their law and structure towards crypto and taxation. But it seems that they've been out of the popularity because of some other countries have been going out and at most times, they're on the news so they get the attention.

I agree on this one, any place can be a hub and should just be named as "blockchain friendly" or "crypto friendly" area.

Firstly a city hosting a crypto-currency event doesn't mean the City has to be Crypto inclined or hot on crypto-currency. There are many reasons a city can host an even one is its popularity, how advanced is the city, tourist attractions and hospitality. All this reasons and more can make events get hosted in those cities. So I won't say your list and reasons for it solely qualifies those cities to be the blockchain capital.

I think we should look at which cities uses crypto more, how are laws and restrictions on crypto in them, government and institutions acceptances for crypto-currency, how is the crypto education especially to the next generation like.

Sounds so obviously ironic, its not a centralized standard.  Surely there should be no center or any aim to direct the blockchain in that way even if it were purely publicity.   You could argue maybe the countries with BTC as a national currency deserve the first attempt at such a title but the whole world is the ideal.

If we are to actually go by this i don't know how accurate we can be because some other countries may take the need sonner than the ones presented here since adoption continues and we've fot a large number of countries already giving it a green indication for the adoption of cryptocurrency in general, another thing to consider here is that, should hosting an event be the major criteria for giving this title? maybe there could be more things to consider than that.

You know what I think?  There shouldn't be a so-called blockchain capital.  It's nice that there are municipalities around the world (cities/states) who've touted themselves to be crypto-friendly and that some of the larger cities have been host to big conferences and other get-togethers, but that "blockchain capital" title just rubs me the wrong way, as it goes against the decentralized nature of bitcoin--and it's that decentralization that makes it so great.  Well, it's one of the reasons anyway.

Besides, any place could claim that title but it doesn't mean everyone would agree on it. 

Many major and minor conferences occur worldwide for people to gather and discuss blockchain development and the crypto industry. Everyone can find a lot of helpful information and make the necessary acquaintances during such events. According to our research, the list of cities hosting the most events in 2022-2023 is topped off by:

• London - 26 events;
• New York - 25 events;
• Rome - 20 events;
• Dubai - 16 events;
• San Francisco - 13 events;
• Miami - 13 events;
• Singapore - 10 events.

Looking at the data, London emerges as the world's blockchain capital, with New York falling just a tiny bit short of taking the lead in this competition. However, it is not only the number of events that matters, but also the number of people they attract, and how many valuable decisions they inspire.

Hundreds if not thousands of blockchain events take place worldwide, promising visitors the opportunity to interact with leading experts in the field and familiarize with the latest innovations. Still, only a few of them are truly worth the visitors' time and money.

In 2018, before the pandemic, New York exploded with closed parties arranged by crypto investors and millionaires participating in one of the most famous blockchain conferences in the world — Consensus 2018. Aston Martin sport car raffles, whose cost starts at $150 000, rental Lamborghinis, long viewed as the necessary attribute of dolce vita, and nightclubs with extravagantly clothed waitresses—despite the fall of Bitcoin in the first half of 2018, the industry continued to live a life in which Bitcoin traded at $20,000.

Holding blockchain conferences at the time was almost more profitable than trading, especially given the significantly lower risks. CoinDesk, the organizing company, earned about $8 million on tickets to the Consensus 2018 blockchain conference alone.

The prolonged recession in the cryptocurrency market has also affected conferences. The main complaint against blockchain event organizers was sloppy speaker selection: employees of dubious cryptocurrency companies or total newcomers with little knowledge of technology would at the time often make the list anyway. Now that the world of cryptocurrencies has more or less stabilized, the public's awareness of the field has grown, and people have grown much more picky when it comes to event speakers, especially considering ticket prices and the distance one has to travel.

From this, it can be deduced that the number and quality of blockchain events held in certain cities may vary depending on the speakers, organizers, and the number of people locally engaged in the industry.

Relevant minor events are often held in the same city a day or two before and after a significant conference, increasing their visibility. For example, Facebook and meetup.com turn out to be well-suited for finding such events in Bangkok. Here you can immediately find a discussion held by blockchain enthusiasts with the unusual name of Satoshi Square. Upon joining, you will see how everything in the local blockchain community works and find access to local investors, partners, and resources. Meetups like Satoshi Square take place in venues such as bars and cafés, where one can meet the leaders of the local Google Developers Network. Minor events are a starting point of entry into the local hangout and an opportunity to make new acquaintances. Such events are often free or relatively inexpensive.

There are several ways to go about finding the most successful blockchain events — you can, for example, follow a noteworthy speaker to the place where a significant event is set to take place or go through our list and choose the city with the most blockchain events and try to visit as many of them as possible. It all depends on the goals that you want to achieve visiting such conferences in the first place.

It is worth remembering that the situation can change at a moment's notice. Some experts believe that every region may have its own center. For Europe, that would be London. In North and South America, most crypto enthusiasts congregate in New York. For Asia, Singapore plays the role of crypto Mecca, while in Africa and the Middle East people are drawn to Dubai.