I'll be the advocatus diaboli:
- even though EU has increasingly bitcoin-friendly VAT rules, they remain privacy-hostile (the rate to be charged is based on the country where the customer is located), which make some business models not possible
- it's not very difficult to get a bank account in most EU countries, for private persons or businesses. There are some exceptions, like UK and perhaps Ireland.
- SEPA payments within the EU normally take one day and have no fees for smaller amounts
- debit card PoS payments and cash withdrawals within SEPA are typically also with no fees
Peter Šurda
and:
Bitcoin's future does not depend on one part of the world, a "killer app," or any other singular event or group. If it did then Bitcoin would end up being weak. The strength is that it does not fully depend any of these things.
Milly Bitcoin
Topic: Why the Future of Bitcoin Lies in Europe - page 5. (Read 3689 times)
BITCOIN is internet.
Internet early known on Europe so bitcoin is early known in Europe rather in Asia. When bitcoin has been adopt by europe zone ( so mostly bitcoin market hold by europe market meanwhile Asia still want to know bitcoin identity.... somekind that analogy
Internet early known on Europe so bitcoin is early known in Europe rather in Asia. When bitcoin has been adopt by europe zone ( so mostly bitcoin market hold by europe market meanwhile Asia still want to know bitcoin identity.... somekind that analogy
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.
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.
Whichever nation tries to choke bitcoin, will miss the future of global e-commerce.
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?
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?
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