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Title: Where do you think is the world’s bitcoin center? Post by: Huobi-USD on August 11, 2015, 07:55:32 AM There is no doubt that New York is recognized as the world’s finance center with Wall Street signifying the powerful financial markets of the United States. However, New York has just enacted a virtual currencies regulatory framework, namely New York State BitLicense, which forced many bitcoin business to leave the state, including top exchanges as Bitfinex and Kraken.
Where do you think will be the center of bitcoin business? Will it be in America, Asia or Europe? Title: Re: Where do you think is the world’s bitcoin center? Post by: Jace on August 11, 2015, 08:06:06 AM Currently, Arnhem (http://www.arnhembitcoinstad.nl/) in The Netherlands is the Bitcoin Capital in the world.
See also this reddit thread (https://www.reddit.com/r/Bitcoin/comments/3fwwtf/the_story_of_a_bitcoincity/), and two earlier posts on this: Bitcoin is getting mainstream here. See also these articles: journalist from MIT living a weekend on bitcoins (http://www.technologyreview.com/news/534011/a-weekend-in-bitcoin-city-arnhem-the-netherlands/) and Allen Scott's experience in Arnhem Bitcoincity (http://cointelegraph.com/news/113262/my-experience-in-bitcoin-city-arnhem). If you want to be truly amazed by the amount of physical goods and IRL services you can pay for with Bitcoin, come and visit Arnhem (http://www.arnhembitcoinstad.nl/) in the The Netherlands (close to the German border, approximately 1 hour from Amsterdam). There's all kinds of business accepting Bitcoin here: book stores, hairdressers, clothing stores, computer stores, car companies, bed & breakfast, a shoemaker, diving shop, massage salon, gift shop, dentist, bowling center, hotel, supermarket, bike shops, and loads of restaurants, bars, pubs, coffee shops and lunchrooms. Arnhem has the highest concentration of Bitcoin-accepting merchants worldwide (http://cointelegraph.com/news/112707/bitcoin-city-arnhem-becomes-densest-concentration-of-btc-merchants-in-the-world), making it the most Bitcoin-friendly city in the world (also according to this article (http://insidebitcoins.com/news/the-most-bitcoin-friendly-city-in-the-world)). See also this report (http://bitcoinvox.com/article/1419/living-on-bitcoin-in-the-netherlands) from someone spending a weekend here in Arnhem, living entirely on Bitcoin. Seriously, if you want to experience how far Bitcoin mainstream acceptance has come already, visit Arnhem and you will be surprised. Title: Re: Where do you think is the world’s bitcoin center? Post by: Dire on August 11, 2015, 08:15:20 AM There is no doubt that New York is recognized as the world’s finance center with Wall Street signifying the powerful financial markets of the United States. However, New York has just enacted a virtual currencies regulatory framework, namely New York State BitLicense, which forced many bitcoin business to leave the state, including top exchanges as Bitfinex and Kraken. Where do you think will be the center of bitcoin business? Will it be in America, Asia or Europe? I think Canada is doing well with their 'hands-off' laws they've enacted to allow for Bitcoin business development, and Australia is making all the right moves too. If I had to choose either of them, I'd probably go with Canada. Not sure how much actually Bitcoin economic activity goes on there though. I think there are perhaps two different answers, one country for positive laws/regulations, and another for Bitcoin usage. Title: Re: Where do you think is the world’s bitcoin center? Post by: batesresearch on August 11, 2015, 08:16:02 AM Currently, Arnhem (http://www.arnhembitcoinstad.nl/) in The Netherlands is the Bitcoin Capital in the world. ^ Wow they look very active with a great range of participants in the city, wish the UK was more like theseTitle: Re: Where do you think is the world’s bitcoin center? Post by: irfan01 on August 11, 2015, 08:21:31 AM I think maybe in Japan, because the Japanese people who make bitcoin :D
Title: Re: Where do you think is the world’s bitcoin center? Post by: zero01 on August 11, 2015, 08:52:10 AM Currently, Arnhem (http://www.arnhembitcoinstad.nl/) in The Netherlands is the Bitcoin Capital in the world. ^ Wow they look very active with a great range of participants in the city, wish the UK was more like theseI think so, it would be a bitcoin financial centers around the world in my opinion is UK, UK is a country that can quickly intervene development, probably will grow Faster bitcoin Title: Re: Where do you think is the world’s bitcoin center? Post by: batesresearch on August 11, 2015, 09:08:54 AM Currently, Arnhem (http://www.arnhembitcoinstad.nl/) in The Netherlands is the Bitcoin Capital in the world. ^ Wow they look very active with a great range of participants in the city, wish the UK was more like theseI think so, it would be a bitcoin financial centers around the world in my opinion is UK, UK is a country that can quickly intervene development, probably will grow Faster bitcoin I hope so, I did think at one time the US was at the for front but opinions from the US have changed my mind. I do think we should all not wait for a Bitcoin capital but make new ones and network them. Title: Re: Where do you think is the world’s bitcoin center? Post by: Kakmakr on August 11, 2015, 09:29:25 AM I think maybe in Japan, because the Japanese people who make bitcoin :D This is news to me, I thought the Bitcoin protocol generates the coins. ^joke^ We do not need a single "World Bitcoin Center" This concept already failed with the Bitcoin foundation. Let's just accept Bitcoin as a global technology without a central figure head. We all know these entities are prone to corruption and targeted for attacks. Let the technology dictate it's own flow in the world. Free as a bird. Title: Re: Where do you think is the world’s bitcoin center? Post by: ikydesu on August 11, 2015, 09:38:44 AM I think maybe in Japan, because the Japanese people who make bitcoin :D I'm sure Satoshi Nakamoto is not Japanese, He's just use initial name. And people in Japan not really support Bitcoin, https://bitcointalk.org/index.php?topic=1148238.0 Title: Re: Where do you think is the world’s bitcoin center? Post by: lottery248 on August 11, 2015, 09:45:56 AM trust me, there would be numbers of bitcoin centres for various usage soon, anyone could create it.
one would be in hong kong, such as "stock market" that you would be able to trade lots of alt coins worth thousands within a few clicks, restaurants in which accepts bitcoins. since hong kong is one of the region without regulating bitcoin. Title: Re: Where do you think is the world’s bitcoin center? Post by: Herbert2020 on August 11, 2015, 11:47:01 AM i have heard that Canada was doing some groundbreaking work on bitcoin scene but i didn't follow the news so much afterwards. you can check it out if you like.
Title: Re: Where do you think is the world’s bitcoin center? Post by: nioc on August 11, 2015, 01:53:04 PM yes, where is the center of this decentralized network?
Title: Re: Where do you think is the world’s bitcoin center? Post by: Wexlike on August 11, 2015, 02:14:19 PM Currently, Arnhem (http://www.arnhembitcoinstad.nl/) in The Netherlands is the Bitcoin Capital in the world. See also this reddit thread (https://www.reddit.com/r/Bitcoin/comments/3fwwtf/the_story_of_a_bitcoincity/), and two earlier posts on this: Bitcoin is getting mainstream here. See also these articles: journalist from MIT living a weekend on bitcoins (http://www.technologyreview.com/news/534011/a-weekend-in-bitcoin-city-arnhem-the-netherlands/) and Allen Scott's experience in Arnhem Bitcoincity (http://cointelegraph.com/news/113262/my-experience-in-bitcoin-city-arnhem). If you want to be truly amazed by the amount of physical goods and IRL services you can pay for with Bitcoin, come and visit Arnhem (http://www.arnhembitcoinstad.nl/) in the The Netherlands (close to the German border, approximately 1 hour from Amsterdam). There's all kinds of business accepting Bitcoin here: book stores, hairdressers, clothing stores, computer stores, car companies, bed & breakfast, a shoemaker, diving shop, massage salon, gift shop, dentist, bowling center, hotel, supermarket, bike shops, and loads of restaurants, bars, pubs, coffee shops and lunchrooms. Arnhem has the highest concentration of Bitcoin-accepting merchants worldwide (http://cointelegraph.com/news/112707/bitcoin-city-arnhem-becomes-densest-concentration-of-btc-merchants-in-the-world), making it the most Bitcoin-friendly city in the world (also according to this article (http://insidebitcoins.com/news/the-most-bitcoin-friendly-city-in-the-world)). See also this report (http://bitcoinvox.com/article/1419/living-on-bitcoin-in-the-netherlands) from someone spending a weekend here in Arnhem, living entirely on Bitcoin. Seriously, if you want to experience how far Bitcoin mainstream acceptance has come already, visit Arnhem and you will be surprised. Exactly! I really love how the people in Armheim bring bitcoin "down to the street". My next vacation with my gf is planed to take place in Arneim, just to experience and support bitcoin. I love Arnheim for doing this. Title: Re: Where do you think is the world’s bitcoin center? Post by: afriezalie on August 11, 2015, 02:17:11 PM For now i think asia have big potential to become bitcoin center because there are many bitcoin users in asia, also Canada has the potential. I heard that Canada government allow us to use bitcoin until today.
Title: Re: Where do you think is the world’s bitcoin center? Post by: Abiky on August 11, 2015, 02:26:43 PM I think the world's Bitcoin center is in China. Probably, since Chinese been using Bitcoins a lot. My opinion, though. Please correct me if I'm wrong ::)
Title: Re: Where do you think is the world’s bitcoin center? Post by: Hazir on August 11, 2015, 02:32:49 PM I think maybe in Japan, because the Japanese people who make bitcoin :D I'm sure Satoshi Nakamoto is not Japanese, He's just use initial name. And people in Japan not really support Bitcoin, https://bitcointalk.org/index.php?topic=1148238.0 So Japan is not exactly supporting bitcoin, it is rather they do not interfere with anything bitcoin related. It means they won't chase bitcoin scammers too... Title: Re: Where do you think is the world’s bitcoin center? Post by: Herbert2020 on August 11, 2015, 03:08:12 PM I think the world's Bitcoin center is in China. Probably, since Chinese been using Bitcoins a lot. My opinion, though. Please correct me if I'm wrong ::) i don't think if China is the bitcoin center in the world right now but it definitely has the potential of becoming the center because of all the mining they are doing and also the amount of investment that Chinese have made into bitcoin over the years. Title: Re: Where do you think is the world’s bitcoin center? Post by: flock123 on August 11, 2015, 03:11:10 PM I think bitcoin world center is in the America, they may have the world's largest bitcoin central office :)
Title: Re: Where do you think is the world’s bitcoin center? Post by: odolvlobo on August 11, 2015, 03:14:09 PM yes, where is the center of this decentralized network? Yes. Bitcoin is global and decentralized. There is and never will be a center other than the center of the Earth. Title: Re: Where do you think is the world’s bitcoin center? Post by: NorrisK on August 11, 2015, 03:49:38 PM Currently, Arnhem (http://www.arnhembitcoinstad.nl/) in The Netherlands is the Bitcoin Capital in the world. See also this reddit thread (https://www.reddit.com/r/Bitcoin/comments/3fwwtf/the_story_of_a_bitcoincity/), and two earlier posts on this: Bitcoin is getting mainstream here. See also these articles: journalist from MIT living a weekend on bitcoins (http://www.technologyreview.com/news/534011/a-weekend-in-bitcoin-city-arnhem-the-netherlands/) and Allen Scott's experience in Arnhem Bitcoincity (http://cointelegraph.com/news/113262/my-experience-in-bitcoin-city-arnhem). If you want to be truly amazed by the amount of physical goods and IRL services you can pay for with Bitcoin, come and visit Arnhem (http://www.arnhembitcoinstad.nl/) in the The Netherlands (close to the German border, approximately 1 hour from Amsterdam). There's all kinds of business accepting Bitcoin here: book stores, hairdressers, clothing stores, computer stores, car companies, bed & breakfast, a shoemaker, diving shop, massage salon, gift shop, dentist, bowling center, hotel, supermarket, bike shops, and loads of restaurants, bars, pubs, coffee shops and lunchrooms. Arnhem has the highest concentration of Bitcoin-accepting merchants worldwide (http://cointelegraph.com/news/112707/bitcoin-city-arnhem-becomes-densest-concentration-of-btc-merchants-in-the-world), making it the most Bitcoin-friendly city in the world (also according to this article (http://insidebitcoins.com/news/the-most-bitcoin-friendly-city-in-the-world)). See also this report (http://bitcoinvox.com/article/1419/living-on-bitcoin-in-the-netherlands) from someone spending a weekend here in Arnhem, living entirely on Bitcoin. Seriously, if you want to experience how far Bitcoin mainstream acceptance has come already, visit Arnhem and you will be surprised. Exactly! I really love how the people in Armheim bring bitcoin "down to the street". My next vacation with my gf is planed to take place in Arneim, just to experience and support bitcoin. I love Arnheim for doing this. Wow, I never realized how much bitcoin is accepted there.. I live a stone throw away, will definitely check it out! :D Any stats on whether the shops keep the coins or directly transfer them to euros? Title: Re: Where do you think is the world’s bitcoin center? Post by: Amph on August 11, 2015, 06:02:33 PM yes, where is the center of this decentralized network? Yes. Bitcoin is global and decentralized. There is and never will be a center other than the center of the Earth. thinking about this for a bit, in the remote case, a very distant future with a good colonization, bitcoin may be seen as a centralized from other population that live in other planets, at least at first, before that enough satellites are deployed to redirect internet all over the other worlds in this sense bitcoin will be centralized for a good amount of time Title: Re: Where do you think is the world’s bitcoin center? Post by: Mickeyb on August 12, 2015, 05:36:35 AM There is no doubt that New York is recognized as the world’s finance center with Wall Street signifying the powerful financial markets of the United States. However, New York has just enacted a virtual currencies regulatory framework, namely New York State BitLicense, which forced many bitcoin business to leave the state, including top exchanges as Bitfinex and Kraken. Where do you think will be the center of bitcoin business? Will it be in America, Asia or Europe? Well NY screw it up big time in my opinion. This was another great chance for them but oh well. After this, I would be afraid to stay in US. Asia is also questionable, we all see what's been happening in China but maybe Hong Kong if it's not too much under jurisdiction of the mainland or even Singapore. But the best in my opinion would be to concentrate on Europe and Amsterdam in my opinion. This would be a great choice, city and a country very open to new things is what we need. Title: Re: Where do you think is the world’s bitcoin center? Post by: Possum577 on August 12, 2015, 05:53:17 AM Currently, Arnhem (http://www.arnhembitcoinstad.nl/) in The Netherlands is the Bitcoin Capital in the world. This is interesting, do you have any understanding of how adoption and use became so high? It's great to see that map with so many places that accept bitcoin and with such variety - grocery stores, cafes, shops - really impressive! Do you live in this area? I think a bitcoin capital needs to embrace its use but also drive innovation and business that's pushing the use further down the road. For me, Silicon Valley (the original center of technology) is a location that needs to be considered as a center or hub of activity. But I'll concede that Bitcoin may still be too new to have any single location to call "home". Title: Re: Where do you think is the world’s bitcoin center? Post by: Phoenix1969 on August 12, 2015, 06:07:53 AM With China accounting for 80% of it all trading volume, and Huobi leading the way, how could someone think anywhere else on the globe is the "Bitcoin Capitol of the world"?
Title: Re: Where do you think is the world’s bitcoin center? Post by: Kprawn on August 12, 2015, 08:23:07 AM The traditional idea to have all financial institutions in one place, does not apply to Bitcoin in my opinion. Bitcoin for me is more a technology than a currency and I think it would be better to keep it close to the
people driving the innovation and the development in that scene. New York have closed it's doors to the Bitcoin community, so why do they need to benefit from it's growth and innovation? I would go with Possum577 with his suggestion, to have it in Silicon Valley for the USA and also something similar for the other countries which was Bitcoin-friendly. Let's go where we are wanted, not where people want to profit from our technology and at the same time push us down. >:( Title: Re: Where do you think is the world’s bitcoin center? Post by: randy8777 on August 12, 2015, 08:49:49 AM With China accounting for 80% of it all trading volume, and Huobi leading the way, how could someone think anywhere else on the globe is the "Bitcoin Capitol of the world"? china will only get more involved in bitcoin than it already is. so it's fair to say that china is the most important place as far as bitcoin goes. Title: Re: Where do you think is the world’s bitcoin center? Post by: boopy265420 on August 12, 2015, 09:03:35 AM I think World's Bitcoin center will be in London (UK).Although New York has already introduced BitLicense and some regulations about Bitcoin but this time new financial hub of Bitcoin will be in Europe.
Title: Re: Where do you think is the world’s bitcoin center? Post by: Velkro on August 12, 2015, 09:20:28 AM Im not sure where center is, but biggest chance for it has UK.
Don't screw this up UK please Title: Re: Where do you think is the world’s bitcoin center? Post by: newcripto on August 12, 2015, 09:28:03 AM Australia will be the new financial hub and business center for Bitcoin in near future.The are taking quick and effective steps to regularize Bitcoin in their economy after recent legislation adopted by Australian Gov in which the recognized Bitcoin as currency.
Title: Re: Where do you think is the world’s bitcoin center? Post by: Coins168 on August 12, 2015, 09:40:16 AM i think that will be somewhere in Europe
most articles i see about bitcoins is from that region Title: Re: Where do you think is the world’s bitcoin center? Post by: tadakaluri on August 12, 2015, 10:39:29 AM No doubt, it must be CHINA. Because lot of people work hard to mine them.
But India still far away............... Title: Re: Where do you think is the world’s bitcoin center? Post by: nioc on August 12, 2015, 12:17:39 PM Australia will be the new financial hub and business center for Bitcoin in near future.The are taking quick and effective steps to regularize Bitcoin in their economy after recent legislation adopted by Australian Gov in which the recognized Bitcoin as currency. I have been to Australia twice and love it there! I agree, it's much better to regularize btc than to regulate it! Title: Re: Where do you think is the world’s bitcoin center? Post by: Blawpaw on August 12, 2015, 12:37:55 PM I don't understand why everybody says New York is the Bitcoin Capital in the world... I personally think its wrong.
There are a lot of cities that can be considered has the BTC city coin. Take as an example several countries whose Bitcoin industry is growing at full steam, Spain, Brazil, China. This year Brazil has been the country who had the biggest growth in the industry... In my opinion there is no Bitcoin city but a lot of places where we have a lot of bitcoin action! Title: Re: Where do you think is the world’s bitcoin center? Post by: aakashsangwan on August 12, 2015, 12:48:06 PM According to me, it is Paris.
Because approximately every shop there accepts bitcoins and we would have not to convert our cash into other currency. And even customs cannot see that how much money we have brought with us. Title: Re: Where do you think is the world’s bitcoin center? Post by: batesresearch on August 12, 2015, 01:16:12 PM Im not sure where center is, but biggest chance for it has UK. Don't screw this up UK please I think we will! Title: Re: Where do you think is the world’s bitcoin center? Post by: HeroCat on August 12, 2015, 01:35:26 PM In USA without doubt ;) There are a lot of BTC users ;D
Title: Re: Where do you think is the world’s bitcoin center? Post by: rinhunter on August 12, 2015, 04:28:56 PM yes, where is the center of this decentralized network? Yes. Bitcoin is global and decentralized. There is and never will be a center other than the center of the Earth. I agree with your opinion, because bitcoin is not as dollar circulation is regulated by the government. correct me if im wrong. Title: Re: Where do you think is the world’s bitcoin center? Post by: ikydesu on August 12, 2015, 08:46:05 PM Well I think the best answer is New York, based on Bitcoin Center NYC that was founded by Nick Spanos in 2013 https://en.wikipedia.org/wiki/Bitcoin_Center_NYC Oh nice, forget about Bitcoin Center in NYC, they have a nice place: http://www.coindesk.com/inside-new-yorks-bitcoin-centre/ The next is Australia ;D Just curious why no one said Liberland ;D I was preceded by you :D http://en.wikipedia.org/wiki/Liberland Title: Re: Where do you think is the world’s bitcoin center? Post by: m4nki on February 11, 2016, 02:27:00 AM Currently, Arnhem (http://www.arnhembitcoinstad.nl/) in The Netherlands is the Bitcoin Capital in the world. This is interesting, do you have any understanding of how adoption and use became so high? It's great to see that map with so many places that accept bitcoin and with such variety - grocery stores, cafes, shops - really impressive! Do you live in this area? I think a bitcoin capital needs to embrace its use but also drive innovation and business that's pushing the use further down the road. For me, Silicon Valley (the original center of technology) is a location that needs to be considered as a center or hub of activity. But I'll concede that Bitcoin may still be too new to have any single location to call "home". Would be great to know what drove adoption of Bitcoin in Arnhem! Other cities and areas could learn from it and build a viable Bitcoin ecosystem themselves |