Why the Future of Bitcoin Lies in Europe

nickenburg

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Quote from: DimensionZ on March 01, 2016, 09:40:48 AM

Was the guy who implanted a micro chip with his private keys for his Bitcoin wallet from the Netherlands? In general I think Northern Europe is much more interested in using Bitcoins than Southern Europe. I hope people from all the European countries become more forward-thinking and take the time to learn about this new technology and how to use it.

Yes I looked it up and there was actually a Dutch guy who injected his private keys in both his hands Cheesy

Here is a article about it: http://arstechnica.com/business/2014/11/man-has-nfc-chips-injected-into-his-hands-to-store-cold-bitcoin-wallet/

Pretty sick but it is a good way they have to kill you if they want to touch your Bitcoins:D

But Yes definitely people from the western world need to become more involved.
And aware of Bitcoin and the opportunities

lumeire

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Quote from: Bitcoinpro on March 01, 2016, 11:28:22 AM

Quote from: NeuroticFish on September 06, 2015, 12:02:42 PM

The future of Bitcoin lies in global use.

When the big exchanges will not be only from USA and China, when every country will have at least in airports and shopping centers bitcoin ATMs, when you'll be able to buy with BTC from your fav shop in your city/country, when selling bitcoin for your local currency is not an issue / a tough task, then Bitcoin is a succes. Globally.

their is no need for Bitcoin ATM's

ur Smartphone has 1 million X the power of an ATM

But you'd still want to hold cash right? It's a matter of preference I suppose, so yes Bitcoin ATMs would still have a market.

Altynbekova

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Quote from: Bitcoinpro on March 01, 2016, 11:28:22 AM

Quote from: NeuroticFish on September 06, 2015, 12:02:42 PM

The future of Bitcoin lies in global use.

When the big exchanges will not be only from USA and China, when every country will have at least in airports and shopping centers bitcoin ATMs, when you'll be able to buy with BTC from your fav shop in your city/country, when selling bitcoin for your local currency is not an issue / a tough task, then Bitcoin is a succes. Globally.

their is no need for Bitcoin ATM's

ur Smartphone has 1 million X the power of an ATM

No I also think this is not needed everyone has a phone these days or something else that is digital with them so that is something you can spend your bitcoins with.

I think a ATM is not necessarily at all because everyone can just use there digital money on their phone or their smart watch in the future.

Bitcoinpro

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Quote from: NeuroticFish on September 06, 2015, 12:02:42 PM

The future of Bitcoin lies in global use.

When the big exchanges will not be only from USA and China, when every country will have at least in airports and shopping centers bitcoin ATMs, when you'll be able to buy with BTC from your fav shop in your city/country, when selling bitcoin for your local currency is not an issue / a tough task, then Bitcoin is a succes. Globally.

their is no need for Bitcoin ATM's

ur Smartphone has 1 million X the power of an ATM

n2004al

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Quote from: ChrisPop on September 06, 2015, 11:43:02 AM

Chris Grundy is a self-confessed bitcoin obsessive and avid tech fan. He works for bitcoin lending platform Bitbond and has written for a variety of online publications. In this article, he speaks to a number of European bitcoin companies about why the future of cryptocurrency and blockchain technology could lie in their home continent, not the US.

Innovation is the primary distinction between leaders and followers. It represents disruption and a challenge to our way of life.

Bitcoin is an important innovation, and it needs progressive legislation to unlock its full potential. Clear and progressive legislative guidance will give aspiring bitcoin entrepreneurs the confidence they need to find new use cases and bring bitcoin to the masses.

Despite this, bitcoin regulation in the US remains unfriendly.

What are your thoughts? Does the future of bitcoin lies in Europe? Could it lie in Asia?

I think that the future of bitcoin is everywhere on the Earth. Is matter of time not if it will be or where will be. As for the regulation in USA which is named "unfriendly" by the author I think that he have wrong. USA at least have regulated it. It is always much better than nothing (like in to many other countries of the world). Maybe is not as is needed but the things are made and can be made step by step when there are risks within. Bitcoin is a time bomb and if is not managed as is needed can damage not few the economies of the countries in which can be regulated as it deserve to be regulated. The fear regarding it is showed clearly at the position taken from Russia against it. Banning. It is better the "unfriendly" regulation of USA, the ignoring of bitcoin from most of the world countries or the ban of it from Russia?

BTCBinary

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I don't think that is right. I do think that the future of bitcoin is not in europe for sure. China has the largest bitcoin mining and trading market in the world, so if there's a place supposed to be the future of bitcoin, that place is China

n0ne

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Due to the increased users in the Europe, it is predicted that bitcoin future will be in europe. But they will face big problems when Europe gets the highest bitcoin adoptions.

DimensionZ

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Shit, did I leave the stove on?

Was the guy who implanted a micro chip with his private keys for his Bitcoin wallet from the Netherlands? In general I think Northern Europe is much more interested in using Bitcoins than Southern Europe. I hope people from all the European countries become more forward-thinking and take the time to learn about this new technology and how to use it.

gregyoung14

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Quote from: nickenburg on March 01, 2016, 09:26:51 AM

Quote from: RealBitcoin on February 29, 2016, 04:41:19 PM

Netherlands and Czeck Republic is very open to BTC, maybe Russia too if you consider that europe.

But not many other places I know other than that. I`d like to see germans , french and UK more in bitcoin.

Well I am from The Netherlands , and yes many people know about Bitcoin.
Especially my friends, I told them about it of course.
But still not open enough to fully believe in it, they like paper money to much Tongue

Most people in the western world ignore it because, either they don't believe in it or think it's a scam.

Nice that is good to hear. To me this is still a good news. In my own opinion, everything starts in this - awareness. Once people are aware of what it is and what it is not, only then the product will be available in the market.

nickenburg

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Quote from: RealBitcoin on February 29, 2016, 04:41:19 PM

Netherlands and Czeck Republic is very open to BTC, maybe Russia too if you consider that europe.

But not many other places I know other than that. I`d like to see germans , french and UK more in bitcoin.

Well I am from The Netherlands , and yes many people know about Bitcoin.
Especially my friends, I told them about it of course.
But still not open enough to fully believe in it, they like paper money to much Tongue

Most people in the western world ignore it because, either they don't believe in it or think it's a scam.

RealBitcoin

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Netherlands and Czeck Republic is very open to BTC, maybe Russia too if you consider that europe.

But not many other places I know other than that. I`d like to see germans , french and UK more in bitcoin.

bitbitch

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i don't see the slightest chance of any nation state adopting bitcoin in the medium term.

justdimin

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Quote from: CryingMidget on February 29, 2016, 01:21:07 PM

Quote from: ?? on ??

I think future of bitcoins lies in all the countries and continents. I think India is also becoming very popular among BTC and soon almost all the Indians will start using them at least through mobile.

may be, but most probably India has less chance I guess bro. It will start to arise from europe only.

I dont know why btc future lies in europe, but surely I know that in ASIA many people are using it and the amount of users will always increase rather than decreasing, though the top country being using BTC is USA.

CryingMidget

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Quote from: ?? on ??

I think future of bitcoins lies in all the countries and continents. I think India is also becoming very popular among BTC and soon almost all the Indians will start using them at least through mobile.

may be, but most probably India has less chance I guess bro. It will start to arise from europe only.

ShrykeZ

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Quote from: tn211 on February 29, 2016, 12:28:34 PM

Quote from: ShrykeZ on February 29, 2016, 12:21:12 PM

I think some countries within the EU are likely to be more lenient on Bitcoin and unlikely to come down harsh on it which could happen in the US.

No I do not see this happen, its also a fact that European country's have more influence because there are a lot of them and they can invest for sure in the bitcoin.

If Europe people step the bitcoin will succeed for sure because than the euro will disappear for the bitcoin, it would be awesome.

I think you misunderstood what I meant, it was a positive outlook towards Europe, not negative.

nickenburg

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I don't think the future of Bitcoin is only in one Continent of the world.

Bitcoin is for the whole world, imagine the western people all have it cool now, with theire money and don't care about Bitcoin.

And all the more poorer country's of the world, are using bitcoin faster then them,And get more of it.
And then the wealth shifts to all the poor people and then the western world will be poor a fuck, because they miss their change.

I know it is a little far fetched but I think people are going to miss out eventually.

They need to realise this is something of the future and better then our current financial debt system.

tn211

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Quote from: ShrykeZ on February 29, 2016, 12:21:12 PM

I think some countries within the EU are likely to be more lenient on Bitcoin and unlikely to come down harsh on it which could happen in the US.

No I do not see this happen, its also a fact that European country's have more influence because there are a lot of them and they can invest for sure in the bitcoin.

If Europe people step the bitcoin will succeed for sure because than the euro will disappear for the bitcoin, it would be awesome.

Bestwishes745

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Because the Europeans are more oriented towards peaceful advancement in any aspect of life especially in economics, they have a well established manners towards world affairs. their people are also more oriented towards business .

ShrykeZ

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I think some countries within the EU are likely to be more lenient on Bitcoin and unlikely to come down harsh on it which could happen in the US.

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Since bitcoin developed outside of Asia , Europe so it's reasonable if EU zone notice bitcoin first.
As we know how's EU works, when bitcoin appear on first glance on worldwide , many country try to use and make bitcoin more advance.
So as Asian , mostly only able to follow what's update that appear for bitcoin development.

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