It is exciting times in N.Ireland in regards to Bitcoin at the moment with the first upmarket coffee shop in Belfast starting to accept Bitcoin, the arrival of the first exchange terminal making purchasing the currency as easy as sending a text message and the Non-Profit Bitcoin Association Northern Ireland holding its first regional meet-up in Belfast on the 28th of May.
Bitcoin in the North of Ireland had been lagging behind the rest of the United Kingdom and Ireland in regards to education, promotion and adoption in the past, although that all seems to have changed in the last few months.
The Non-Profit Bitcoin Association Northern Ireland was founded by me in November of 2014 after a previous six months of preparation in getting an official non-profit status registered.
Since then I have been amazed at the amount of support I have encountered here in regards to digital currencies and having an organisation specifically focusing on education, promotion and adoption.
The mainstream press here especially the Belfast Telegraph has been covering Bitcoin related news in a fair, truthful and transparent manner which has been a brilliant help.
There are numerous start-up businesses which are all Bitcoin related that I know of registered and soon to be launched throughout the year, and with the announcement of Fidor Bank opening in the UK things couldn’t be looking any better.
There is even some speculating that N.Ireland could be the Hong Kong of Bitcoin when the corporation tax cut to 12.5% takes place, leaving us with a worldwide advantage as a base for new businesses and with it much needed employment.
This would leave the North of Ireland with the lowest corporation tax rate in the United Kingdom which is currently at 21%. Include this with having the most crypto friendly environment in the world and you have a recipe for success.
http://cointelegraph.uk/news/114173/could-northern-ireland-be-the-hong-kong-of-bitcoin
