Bitcoin Forum

And I believe it can be done!!

Japanese proverb: "The water of even a great ocean comes one drop at a time"

how do you do Will you hold an event about blockchain technology and cryptocurrencies?
I see many people who are still unable to make good use of blockchain technology right now and therefore cannot pay with cryptocurrency.
Hope you can change their minds with these free presentation programs.

I'm not sure that's exactly true, because all the oceans were already in place when whatever Japanese person coined the proverb. 

In any case, I'd be interested to know at least a few details about what you're planning, though I think you're just blowing smoke here.  But the reason for my interest is that I don't live all that far away from NYC.  I've always wondered how many N'Yawkers are into bitcoin--I'm sure it's a lot just based on the population alone, but I'm pretty sure there aren't dedicated crypto communites or organizations devoted to such.  Are there?

I've not visited NYC in a long time, but I'd love to go back one of these days.  If you ever do get anything started, keep this thread updated, eh?

The wheels are already in motion.  See this topic here: https://bitcointalk.org/index.php?topic=5182596.msg52386343#msg52386343
 
 
 
"I have been out there scouting for a location in NYC.  The thing I see is that the city is having a real estate crisis with way too many empty retail spaces.  So I see this as a great opportunity for us.  Another thing I have learned is that our idea is just too small... It needs to be bigger and I mean much much bigger if we plan to really get something cool happening.

So I seen this area at East 34th Street, this is near the Empire State Building.  But the idea is that we need the whole street.  I mean the whole damn street needs to be converted into a new theme of crypto and Bitcoin related commerce with specialty store fronts, crypto cafes, the whole shabang.  Not just one store but a whole massive street dedicated to this.

Sure the rents are high.  But we need a whole (Major) street in Manhattan.  We need government and city support not just one or two angel investors because we need to make a street into a whole new concept style of: Crypto District.

There is already a store on East 34th Street for virtual reality.  See: www.vrworldnyc.com   We need to expand or partner with them, or just buy them out.  Our main partners need to be the city government itself with a push to expand the struggling commercial real estate issues into something more feasible that can solve an interesting combonation of concerns while adapting into the future of digital finance.

The kids will love it.
 
East 34th is busy as hell, that was the one thing I don't like about it.  It's not pedestrian friendly.  Maybe we need to keep scouting.   But we need to build New Yorks new Crypto District, not just some internet cafe, we need a whole road built out for this.  New York needs this.  The world needs this."

The rates would be astronomical for an entire street, not high, that's not even close.


Do you honestly think the government is going to pump money into your plan just because kids might love it?
If they do this here would be thousands of lawsuits since other business will feel discriminated by this, which is essentially state aid.


Common, I understand your enthusiasm but the world will do fine even without a crypto street as if a hundred cafe and restaurants accepting bitcoin would solve something.
You should really start first your small business and then think of creating such a project, you're going to encounter a lot of surprises and things you had no idea about previously.  Things are not that easy out there, you don't set a shop and it starts raining customers and money.

Listen Buster, in a Free World a person can dream, scheme, and have wild ideas.  At least I am not some Negative Ninny like most of the Bitcoin Talkers who respond to my business plan topics (that is topics, plural, because this is numero tres).

I am a 58 year old guy here among a rather youthful crowd of people that have better computer skills than me, but I have real life business experience, and I have Zeel...  So you can say what you want to say and do what you want to do.

Nursing that hangover
 :'(

You should defienetly use New Yorker proverbs. You are not gonna build crypto district in Tokio afterall.

Well let me tell you... A clever hawk hides it's claws.

And... Every journey of a thousand miles begins with the first step.

I may just have a few surprises up my sleeve?  :)

Already people have got united and has created separate cryptocurrency nation. This country has less than ten citizens. Creating a district in New York is not an easy task, because already they've got their own policies and laws to be followed. Building a crypto district needs everything to be changed with reference to legal formation. This is quite hard to implement in New York.

Japan and America are countries that legalize cryptocurrency. if in new york like that, your dreams can come true

You might need a lot of time to process everything and it is not that easy because it is like you are making a pioneering business that you are the only one knows. That means you have a secret recipe/ingredients to make yourself one of the people that are on the top of the list.

And you also need the help of the people in order to build your dream/plan i guess you have the right charisma to unite people to join at your cause. ;)

Again, I totally support OP for his crazy dream--but I don't think this sort of business model could justify renting out that much space in Manhattan.  You're absolutely correct that the rent would be astronomical.  Most people with decent incomes can't even afford to live in NYC as far as I know.  A friend of a friend rented a tiny little apartment in Manhattan about 15 years ago, and the rent was like $1500/month.  I can't even imagine how much it would cost to rent an entire block of buildings.  How would you even get financing for that with this proposal?  I'm trying not to be a "negative ninny" but damn.

And I was thinking about this since I wrote my previous post: isn't New York NOT crypto-friendly?  If I recall correctly, they were one of the first states where exchanges like Coinbase couldn't operate.  I could have the details wrong, but I do remember getting the impression that NY didn't support crypto-based businesses.  Hell, I just learned that residents in my state can't use Binance anymore (nor can New Yorkers for that matter).

It can be, it can't be. I know that the OP is wanting to help the community but there will always be an opposing party and I am not talking about the people disagreeing here, I am talking about the people that will abuse this crypto district when it is already built, someone that has the power to increase the tax from it since they can't tax investors of crypto currencies directly.

"I'm pretty sure there aren't dedicated crypto communites or organizations devoted to such.  Are there?"
Yes this is happening in NYC.  Yes, but it is in infant stages.  I think it is a lot of people arriving on the scene and they can be overly ambitious and controlling but cryptocurrency appears to have an interesting profile of randomness and it is difficult to pin down within the context of old fashion business operations.  So, one person will not lead the show per se because the cryptocurrency environments can reject individual plans.

Something I notice is that females have entered the crypto job arena.  They have great jobs that must pay well, but are they really truly interested in this technology, or is it just their job?

"The rates would be astronomical for an entire street, not high, that's not even close. "
Oh heck yeah it would be astronomical.  But I am an optimist about it.  Plus there are tons of opportunities in NYC.  There are lesser expensive and run down areas, in outer boroughs, that are cheaper and have more room for this.

The thing about it is that crypto is going to be all over the city.  I am seeing a pattern that crypto is not something that can be contained in any one district.  However, housing a bunch of people with crypto jobs, to build a community concentrated like that, like a larger incubator with housing and buildings with their offices.  And food places.  Laundry.  To transform a run down area into a thriving crypto community.  Now that is more like it.  It still has possibilities.

"Do you honestly think the government is going to pump money into your plan just because kids might love it?"
NYC government is massive and it operates unlike any other city in the world.  I think the NYC government would be the #1 biggest supporter for this type of vision we are drafting up.  They would support the living Hell outta this sort of concept.  They already are I think.

"This is quite hard to implement in New York."
Man, Everything is hard in NY.  It is that way for me at least.  It may not be the largest city in the world but we are really massive with a mix of everybody and everything.  The amount of red tape in NYC, well it's weighty.  But crypto is here already.  It has already started.  There are hundreds of crypto related businesses here already.  Oh and how about Wall Street.  And the New York Stock Exchange.  This is still the world centerpiece of finance however you want to cut it.

It is probable that NYC is already the crypto capital of the world, and I am not just saying that.  The city has already recognized the importance of taking the lead on the race to digital assets and "blockchain".  It's important to NYC.

"Most people with decent incomes can't even afford to live in NYC as far as I know. "
Yeah that is definitely the most common way of looking at NYC rents. But think of it this way: there are also people here who have so much money and so much property that they do not know what to do with it all.  There are still plenty of vacant lots in outer boroughs.

There are people who get gifted whole portfolios of buildings for nothings day.  It seriously happens.  There is magic to money.  I mean look back at Walt Disney.  He built a fucking cartoon castle in a remote and uninhabitable swamp.  He built the castle before anything else was ready.  That castle was enough to keep the workers interested and believing in his wild vision.  Now look at Florida!

"Hell, I just learned that residents in my state can't use Binance anymore (nor can New Yorkers for that matter)."
The best thing that ever happened to New York was Binance blocking us.  We don't need Binance.  Thank you Binance!  You always sucked!

I support your dream and your goal, it's not going to be easy but don't do it by yourself ask for helps from experts in that area I'm sure you can find one, you can form a group, ask people to share their experiences, give them pamphlets, and most important lead by example you should be an investor, if you reach that goal, people can imitate what you've achieved in that region.

I thin united state is not allowing for cryptocurrency become legal payment, Trump really hate about bitcoin and altcoin and how come you will have crypto district in New York city.

That is very nice to know. Bitcoin nowadays is an essential tool in our daily lives and portability is always a win situation for consumers using it as a payment processor. Envisioning something like this is also a great step in attracting more investors in Bitcoin.

I was expecting to see more than a Japanese proverb. It would be better if you included some of your thoughts and plans in what you're planning to do, how would you do it, its purpose and such... But just like what you believe, I agree with you that it can be done. It  will only take a lot of process, but everything will be worth it if you achieve your dream of building a crypto district in nyc. Goodluck, I guess..

Oh man... You chose NYC not knowing how the local government will react? You don't have a support of businesses, you don't have your own money, you haven't talked to any of the politicians. You have a great idea but such ideas need support from someone or something already in the early phase. Now you're like a kid who says he'll be an astronaut one day, without knowing if he has the brains and the physics to go through all the tests.
First go and talk to politicians and business owners and ask if some of them would support the project. Why did you choose NYC? It's not the cheapest of places and the Bitlicense sucks.

Fate aids the courageous.  ;D


A hook is well lost to catch a salmon.   :)

How about we put a Japanese steak house in the middle of the District?  Like a really fine steak house.  It makes me hungry just thinking about it...  and I think the Japanese will fully support this project.

We really do not need politicians, because when building a District like this, politicians are secondary (if that even).  I'd take a Japanese steak house operation over some NYC politician any day of the week.  So let's all just tuck those politicians back into their little cages for now...

So... if we just get the Japanese on board, and also, get the Russians on board, then we can start to embark upon this long journey together...

I'm not here to burst your bubble but the answer may surprise you a bit.
According to coimarketcap.com, total market capacity for the entire crypto market is currently around ~0.2 trillion $
So the answer to you question is actually zero trillions... unfortunately.
I guess 213 billions of dollars still can make an impression, yes?
Dream big as the say (I see you like proverbs) but maybe start with something more realistic (do not tilt at windmills), like NY-BTC-day or NY-crypto-fest? Couple of days of sheer fun, a parade maybe a concert etc. Definitely impressive achievement in terms of spreading the crypto awareness, without any districts takeovers and all the legislative hassle. Just saying.

Let every bird sing its note.   ;)
 
 
Now, how about some of those Japanese steaks?  Perhaps the best in the world...   :)

The point is that - if you really succeeded in creating a district based only on cul crypto - you would probably create so many legal and fiscal problems that the authorities would stop you before.
Well, as they say, Good luck!

All the best to you. My first thought was well this guy is crazy, but hey, we have to start somewhere. Maybe you will be the crypto-currency kingpin in New York. Like the Silicon Valley but for Bitcoin. :o

the funny thing is, if it were 2017 you could have run an ICO and funded this whole thing with it. you couldn't buy the properties of course, but it would fund rental overhead and startup capital for the businesses. then you could create an "ecosystem" around the token, beginning with global acceptance within the district. then poof, you can claim it's a "utility token".

too bad ICOs are dead eh? :D

There are always opportunities somewhere and if it is not ICO's it will be something else, right?  Because, 2017 is long gone and over with.  I believe that right now is the most magical moment for this.  As a matter of a fact I have a meeting next week with a finance person who is potentially well connected with angel investors.  I plan to mention this wild and massive Crypto District concept.  Let's see if the person shoots it down, or not!

What is wrong with a New Yorker proverb?  Carlos Matos is from Bronx, he could a company you there to talk with Mayor. He already have New Yorkanian accent. He is a perfect guy. All we need is a good proverb.

And you need lots of money to be able to realize your dream. Finding investors maybe one way to get funds but the difficult thing is how to convince them that this project will run and you must know that investors will always calculate profit and loss.
When it comes to crypto I find it difficult to get support from the government, because the government itself has not yet found the benefits to be gained from adopting crypto in daily life in its environment.

Instead of creating a whole new Crypto District and finding the money to fund the high rentals, why not just fund a education drive to increase Bitcoin education and adoption with the existing retailers and companies that are doing business there already? I think that would be much easier and cheaper to do than going big like this.  ::)

New York City is also the birth place of the BitLicense and one of the most controversial business licenses that was enforced in that state. Doing business in a city with regulators that are that close minded is going to be a uphill battle. Good Luck.

Well, I just can't fight feeling that OP is just trolling us... It is almost impossible to do such thing, goverment wouldn't let him do this no matter how hard he would be trying. He basically needs to own his island to be even remotely close to establishing something like this  :(

No it's not trolling.  This is as real as you and I all make it.

But come to think of it, "Crypto" is the wrong term for naming this District... There is already a Financial District in NYC, aka FiDi.  What we are creating is a bonafied Decentralized Financial District, so this should be known as the DeFiDi, thank you very much.  Easy as pie.  How does that new name suit you?

We will need a public space outdoors, too.  Satoshi Square, anyone?    :)

So how do you plan to raise money? Crowdfunding, angel investors? It'll cost a pretty penny to get this idea off the ground.


How do you pronounce that, "dee-fye-dye?" Not too catchy! I remember people tried to start calling downtown San Francisco "FiDi" but it never caught on.


Yes! Meetups and peer-to-peer trading @ Satoshi Square sounds perfect.

Some facts: "FiDi" is printed on the maps in NYC and FiDi is well known.  The Financial District is the heart of finance in New York City.  It includes Wall Street and the New York Stock Exchange all the way to One World Trade Center.

The DeFiDi, is appropriately christened.  DeFiDi will be a physical location.  We do not yet know the exact site of DeFiDi but it will be massive enough to have the name installed on the subway map.  This is all part of the planning process.

Oh and the kids will love it.   ;)

Of course, we can assume that the whole area of ​​New York can be named after cryptocurrency, but knowing what laws in the United States, it can be accurately assumed that such an idea will encounter very big bureaucratic problems.  Especially if you take into account the current attitude of the US government towards cryptocurrencies, then you can not rely on the support of local or central authorities.

The only limitation we have is the one we have imposed on ourselves by our short thinking. Doing this in New York city is not going to come as a small task. You need more than paper work to get this done. I hope you succeed.

your saying that its possible but you also said that its not going to be easy  . are you encouraging or discouraging the op ?  if its possible then its possible but nothing really is impossible for a person that is willing and dedicated to pursue his goals/plans  . nyc is big , but that is already a good start since its a big country and its also a well developed country , meaning to say, alot of people on this country are now aware if what is crypto  . its not hard if your going to have a project related to crypto because people will surely be attracted on it  .

I'm just some anonymous dude on the internet. You're telling me I would be entrusted to hold the funds?! Heck of a vetting procedure! ;D

It seems like I'm on the wrong coast anyway. I guess if the New York project is successful, we can always seed a new DeFiDi somewhere in California. The Bay Area maybe?

 

Nice trolling here! Actually, do you know who owns that?


Yeah, too bad I don't see any of this actually happening, who has funded with how much...what?
Cause the only thing I see is you coming each day with ideas but presenting nothing real and when somebody questions you, you start babbling nonsense.
Ideas, dreams, everyone has it, you claim you have started already ..show the members here what you have done if you want support.


If he actually starts a donation page or something similar with no proof I'll be the first to tag him, I'm already suspicious on how things start unfolding here, we had already three ICOs for New York Coin, I guess is enough.

No one was trusting Satoshi with any money, were they? ;)


You can look at his early posts and read the threads from that time. (https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts) Back then, it was a geek endeavor and people were quite supportive. As Bitcoin gained more attention over the years, the naysayers started coming out in numbers.

Could you provide more details about this project? Like, what exactly are you doing.

If this is true then I wish you the best but do remember, New York is like all the oceans in the world, you can keep throwing all your money at it and it still will never be full.  ;D

A district that restricts only the use of cryptocurrency(?), I like it. Not only it will have media attention (as they always do) which will result in even more exposure to blockchain and the existence of cryptocurrency. It will also grant instantaneous accessibility for a lot of users, which makes it convenient.

So the question now is, how will you start this project? I'm sure you already have plans ready as we speak.

New York not allowed for using bitcoin as legal payment is right? Not only cryptocurrency in United State is not available using binance exchange market for trading or investing and buying and IEO coin.

There are many countries where bitcoin has not been legalized yet but if all the investors join hands together and demand its legalization in their state, I am pretty sure government will give in to their demands. Bitcoin is not a black money; it is a transparent system of making money. it could even help governments in reducing poverty.

There are times when I do not fully agree with someone who is proposing something big just like a Crypto District and not only that but in the middle of New York City. Now, I do not usually laugh at dreamers because there are the people that keeps the flame of innovations and changes alive. However, to dream has no limit actually and it is free so anybody can do it regardless of financial condition, race, religion, gender or whatever human limitations. But then since we are living in the reality, there is a need to dissect the big dream into smaller digestible parts so we will not be overwhelmed. I am suggesting that a project proponent made  a specific program of works where the details are expounded and ideas on how to achieve things are explained. I am supporting your dream and hope that years from now it can be a big reality.

elaboration is the Key OP,people her are more than interested on how you will conduct this project and maybe some are also from newyork or states near you that might interested in helping you for crypto popularization and for our own good also
you are targeting one of the most popular and biggest city in the world so help from others might bring this to success
but first let us know how would this be.
OP doesn't mention about USING bitcoin in NewYork instead he will build crypto district and that made us all curious about what.why and how will this become reality

I like your idea despite the fact that it looks like impossible to implement. The chances are small, but they are not zero, and that's what important.

I think you should try to attract as many advertisers as possible, not necessarily crypto related ones, in order to make those high rental payments more realistic to deal with. Think of this look of the DeFi District:

https://i.imgur.com/i6ITLEr.jpg

Crypto community consists of open minded people, in general, so I think they wouldn't mind having a district that looks like on the photo above, instead of something as boring as this one:

https://i.imgur.com/FEsqnPC.jpg

---

Just my two cents, because I don't only wish you good luck with your project, but I also want to be helpful as much as I can.

I am very happy to hear enthusiasm from various countries about it and building districts in New York City. Hopefully with the building you can have a good influence on the price movements of bitcoin and hold education about cryptocurrency so that more people and more demand in the cryptocurrency.

That's the spirit and I was moved by it. You could possibly do it by starting in simple ways. Advertising and promoting cryptocurrency at your place would be a good start. You should inform everyone in your community about the advantages and risks of cryptocurrency. There will surely be people who will support your journey. Nothing is impossible if you'll work hard for it.

In any case, this idea has every chance to translate into reality.  Especially not for nothing that the United States of America is called the Country of Opportunities.  After all, many can realize their dreams in this country, and the cryptocurrency quarter in New York is no exception.

Isn't United States and particularly state of New York now infamous for being one of the most trigger happy places on Earth for exerting the authority of the state on its people to the point that some are calling the country names like "police" & "surveillance" state

A crypto district in New York would likely make the news very fast with everyone involved in such a project hunted down by the IRS & FBI and compromising their financial fortunes and earning power, if not their very freedoms...

As a matter of fact, many smart Americans I know are keeping their assets offshore or even expatriating out of the country so they don't feel the sting of Big Daddy reaching in to their bank accounts for the most frivolous reasons...

Would like to resurrect this discussion.  We have a retail store in the East Village where we can meet to discuss.  Check out what we have just started for NFT Creators and Collectors at Creatorium.network

If you would like to have regular meet-ups to discuss Crypto related topics, contact me via the above web site.

Well said, i will agree with you.Cryptocurrency it's not easy to use any person.Some of the people as well as knowing this but it's not enough for the country.They're many people don't knowledge about cryptocurrency.How to use cryptocurrency,what is cryptocurrency they are making mny question for a general people.To speak be frank your concept is good but your need to spand more and more time then hopefully will be success.Why people use cryptocurrency and what's it's beneficial? your need to share knowledge with people.