Which city will be the center of crypto currency - page 6.

yayayo

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Quote from: redHeadBlunder on July 27, 2014, 01:08:35 AM

There will be none.

The decentralized nature of bitcoin will prevent any one place from being the center of bitcoin related transactions.

That is the ideal case.

Quote from: The Bitcoin Co-op on July 30, 2014, 07:55:08 AM

If you mean a city in which the administrative authorities use Bitcoin predominantly and support its adoption, then it's going to be some small city-state, likely a tax haven.

That is the alternative case if most governments employ bitcoin-hostile regulations such as NYC.

Of course I hope that there will be no center and that CCs will flow freely around the entire globe.

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If you mean a city in which the administrative authorities use Bitcoin predominantly and support its adoption, then it's going to be some small city-state, likely a tax haven.

Vancouver's a pretty good hub of cryptocurrency activity, though, especially per capita. We have plenty of ATMs of at least 4 different models and dozens of brick and mortars in a small geographic area. I can get groceries, a bicycle, a haircut, Indian food, Chinese, Italian, German or Polish cuisine, marijuana paraphernalia, computers, games... etc. We have at least 2 Meet Ups a week, and large ones at least once a month. A major technical school and Simon Frasier University are getting on board, and we've got 2 (coming on 4) online exchanges based here. The list goes on

ensurance982

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Quote from: Rum152 on July 29, 2014, 11:43:46 AM

Quote from: ensurance982 on July 29, 2014, 11:28:54 AM

A couple of weeks ago I'd have said New York City, but if they really are enforcing those laws they're currently working on, it may hinder Bitcoins development a lot. :-/

I don't think New York City would ever become the bitcoin center of the world. They are already the center of fiat based investments.

Yeah, but both of them are about money in general. And why wouldn't a center of finance absorb another financial instrument as well?

williamj2543

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Quote from: west420 on July 29, 2014, 07:50:10 PM

Quote from: ?? on ??

Quote from: baxto on July 29, 2014, 06:53:34 PM

Can't believe no one has mentioned Seattle. Such a liberal city, Surrounded by many high tech industries.

its in the US

The US is actually one of the friendlier countries towards bitcoin.

From what I've heard, Canada is nicer right? Toronto is a very large city that could potentially be good as a center, but again, bitcoin is DEcentralized, not centralized, meaning there can't be a definitive "center" for bitcoin. US has the income laws right? Bitcoins are taxed now aren't they?

west420

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Quote from: ?? on ??

Quote from: baxto on July 29, 2014, 06:53:34 PM

Can't believe no one has mentioned Seattle. Such a liberal city, Surrounded by many high tech industries.

its in the US

The US is actually one of the friendlier countries towards bitcoin.

baxto

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Can't believe no one has mentioned Seattle. Such a liberal city, Surrounded by many high tech industries.

bigasic

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Honestly, Toronto has a really good start. San Francisco is a good choice in the future. But I think Toronto is the front runner right now.

jbreher

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Quote from: TaunSew on July 29, 2014, 05:04:20 PM

That's not 3% discount. That's only $10 off if you spend more than $100. It's not much of a discount if your buying a whole computer or laptop off Newegg.

Hate to break it to you, but you are absolutely, categorically, incorrect:

jjc326

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Quote from: ducatitalia on July 29, 2014, 04:24:46 PM

Eventually, planet Earth...but starting small, and I may have missed it here, but is it possible that no one mentioned San Francisco...?! Silicon Valley makes up 46% of all VC going into Bitcoin infrastructure at the moment...rest of the world 54%.

I'd definitely think it would be San Fran more than LA. LA thinks it's too cool and has other things to do than BTC. I would think it would be a more liberal city in the US that would take the lead in BTC. Yes LA said ok it was legal but they don't even have authority to do that I don't think - money would be regulated at the federal level.

elasticband

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Amsterdam or the Hauge

TaunSew

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Quote from: Swordsoffreedom on July 29, 2014, 04:28:16 PM

Quote from: jbreher on July 29, 2014, 03:24:46 PM

Quote from: TaunSew on July 29, 2014, 03:32:28 AM

Maybe the one difference now is that we can use Bitcoin on Overstock and Newegg and I admit that's a positive change but unless they offer a 3% discount it offers no advantage over using credit.

Isn't 10% a bigger discount than 3%?

http://promotions.newegg.com/nepro/14-3631/index.html

For posterity:

Nice I didn't notice that newegg gives a 10% discount on Bitcoin purchases and that its an active campaign
If I need to do some shopping will know where to look thanks.

That's not 3% discount. That's only $10 off if you spend more than $100. It's not much of a discount if your buying a whole computer or laptop off Newegg.

TheCloser

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My bet is San Francisco.

Swordsoffreedom

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Quote from: jbreher on July 29, 2014, 03:24:46 PM

Quote from: TaunSew on July 29, 2014, 03:32:28 AM

Maybe the one difference now is that we can use Bitcoin on Overstock and Newegg and I admit that's a positive change but unless they offer a 3% discount it offers no advantage over using credit.

Isn't 10% a bigger discount than 3%?

http://promotions.newegg.com/nepro/14-3631/index.html

For posterity:

Nice I didn't notice that newegg gives a 10% discount on Bitcoin purchases and that its an active campaign
If I need to do some shopping will know where to look thanks.

ducatitalia

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Eventually, planet Earth...but starting small, and I may have missed it here, but is it possible that no one mentioned San Francisco...?! Silicon Valley makes up 46% of all VC going into Bitcoin infrastructure at the moment...rest of the world 54%.

jbreher

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Quote from: TaunSew on July 29, 2014, 03:32:28 AM

Maybe the one difference now is that we can use Bitcoin on Overstock and Newegg and I admit that's a positive change but unless they offer a 3% discount it offers no advantage over using credit.

Isn't 10% a bigger discount than 3%?

http://promotions.newegg.com/nepro/14-3631/index.html

For posterity:

Rum152

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Quote from: ensurance982 on July 29, 2014, 11:28:54 AM

A couple of weeks ago I'd have said New York City, but if they really are enforcing those laws they're currently working on, it may hinder Bitcoins development a lot. :-/

I don't think New York City would ever become the bitcoin center of the world. They are already the center of fiat based investments.

ensurance982

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A couple of weeks ago I'd have said New York City, but if they really are enforcing those laws they're currently working on, it may hinder Bitcoins development a lot. :-/

izanagi narukami

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Amsterdam is a good city that capable maintance economical challenge.
Bitcoin is another challenge that can be lure by their professional economists i think

Whitehouse

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Why does bitcoin even need a city? I think that's what's great about it. It's decentralised worldwide currency and it exists anywhere and everywhere and doesnt need a hub or a physical location.

Quote from: cryptomr on July 29, 2014, 07:55:26 AM

Amsterdam, best crypto community here in Holland!

Amsterdam is a cool city. I hear there's quite a lot of activity there. Can you spend bitcoins at any of the cannabis shops yet?

tsoPANos

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In math we trust.

Amsterdam (Netherlands) and Nicosia(Cyprus) and the best crypto cities imo.

Topic: Which city will be the center of crypto currency - page 6. (Read 9395 times)