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Author Topic: Can London be a Global Bitcoin Hub?  (Read 2503 times)
tyz
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April 30, 2015, 02:28:40 PM
 #21

I hope not. London stands (in one row with some other finance centers around the globe) for the fiat based economic misery.
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April 30, 2015, 03:21:01 PM
 #22

If NYFDS Bit License is too tight, then London could become a global hub.  But BTC has no borders, even Singapore or Shanghai can become the hub if their laws are encouraging.

that Branson's island would be a perfect hub for bitcoin, something that isn't under the control of the governments would be good for a "Bitcoin Center"
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April 30, 2015, 03:30:22 PM
 #23

Yes for sure London can be Global bitcoin hub as the government of london has started to accept the fact that bitcoin is the future and they already have started using and accpeting bitcoins as a mode of payment in most of the places in uk so i think london can be the best bitcoin hub.
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May 01, 2015, 03:25:46 AM
 #24

No, not London. I know there are a few strong BTC supporters there, but BTC isn't important to them. It's just another opportunity. London's one of the most expensive place to live in the world, and most people there strongly benefits from the actual financial system. Since BTC will shake up all that, I'd say it has more chances in a corrupted country where people cannot trust their local government and/or currency. Argentina's more like it.
no, the gov of the corrupted countries are always against bitcoin. The bitcoin ecosystem are none existing. The ppl, institutions and banks are getting away from it! No bitcoin startup will go there.No merchant is accepting bitcoin payment.How could they be bitcoin club!?

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May 01, 2015, 03:35:19 AM
 #25

London can be a Global Bitcoin Hub surely and if look at some other countries like china of japan they can be a better option to go for. China and Japan mostly popular for their technology and most of the population in technologically sound so they can adopt bitcoin very easily.
I think London could be bitcoin hub! The gov are open to and accept it! There are many ppl there, who are supporting bitcoin and operating related businesses!

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May 01, 2015, 10:21:29 AM
 #26

London can be surely a Global Bitcoin Hub as the Government of UK is not corrupted as compared to other countries so they will not be against the adoption and accepting the bitcoins and they have already started accepting bitcoins so i believe london can be the best.
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May 01, 2015, 10:33:45 AM
 #27

If NYFDS Bit License is too tight, then London could become a global hub.  But BTC has no borders, even Singapore or Shanghai can become the hub if their laws are encouraging.

that Branson's island would be a perfect hub for bitcoin, something that isn't under the control of the governments would be good for a "Bitcoin Center"
So you would rather put control of bitcoin hub in the hands of rich individuals than place it in in the spot when it can be reached by masses?

I don't think that many people will have access to Bronson's Island or other remote areas which are beyond reach of governments.

If we truly want to be eccentric and progressive why don't we try to establish bitcoin hub in space? It is the safest place after all.
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May 01, 2015, 11:11:20 AM
 #28

I Don't think London is good Option,
I would rather go with Shanghai. Shanghai can be better Bitcoin Hub as compared to London. Already the Government has shown their interest in accepting the bitcoins and i think People will adopt it very soon.

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May 01, 2015, 11:30:48 AM
 #29

This is the situation of BTC acceptance according to coinmap.org



If you explore the Map you will see that the UK (London Area), the Netherlands and Germany play a major role in this.
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May 01, 2015, 12:38:31 PM
 #30

If NYFDS Bit License is too tight, then London could become a global hub.  But BTC has no borders, even Singapore or Shanghai can become the hub if their laws are encouraging.

that Branson's island would be a perfect hub for bitcoin, something that isn't under the control of the governments would be good for a "Bitcoin Center"
So you would rather put control of bitcoin hub in the hands of rich individuals than place it in in the spot when it can be reached by masses?

I don't think that many people will have access to Bronson's Island or other remote areas which are beyond reach of governments.

If we truly want to be eccentric and progressive why don't we try to establish bitcoin hub in space? It is the safest place after all.


this is what i want, rich private island is not good for bitcoin, maybe, but staying in any place where there is a government is even worse, i still think it must be a neutral zone

the space would be fabulous, but it is not a easy task to do it in space, it would be problematic
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May 05, 2015, 07:34:14 PM
 #31

Yes. London can surely a bitcoin hub as the Government has already shown the interest in adopting and accepting the bitcoin so london has a great future with bitcoin. Basically the Government plays an very vital role in the future of bitcoin so when it comes to london government i think it would be totally fine.
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May 05, 2015, 07:46:28 PM
 #32

This is the situation of BTC acceptance according to coinmap.org



If you explore the Map you will see that the UK (London Area), the Netherlands and Germany play a major role in this.

This is pretty cool tbh.

Never seen this before, fascinating really.

Amazing how far around the globe bitcoin use has reached. It'd be cool to see a map of bitcoin use worldwide in 10 years.

One hopes it'd be even more populated.

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Whitehouse
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May 05, 2015, 08:21:06 PM
 #33

I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

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May 05, 2015, 08:25:24 PM
 #34

Last time i checked London, they were making it impossible for the Middle class or lower to live. Regarding Bitcoin, the rich will always stick to the banks which is why they are still alive. Making it a harder task for Bitcoin adoption in London, who knows...

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May 05, 2015, 09:10:39 PM
 #35

I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

Very true! And the recent news about regulations aren't good at all. London's definitely one of the most expensive cities in the world (check property prices), it's one of the first place in the world to regulate BTC, and the government has already said it wants to regulate more. Sorry, but I can't see London as a good place for a start-up. Barcelona has more potential, but I'd bet on a tax heaven or... The cloud. Actually, the blockchain: that's where the global BTC hub stands.

I used to be a citizen and a taxpayer. Those days are long gone.
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May 05, 2015, 10:07:36 PM
 #36

I don't think london can make it. Shanghai is the better option. The main issue is with the Government of the countries who see bitcoin as threat to fiat money.

China can be a better option as the Government of China has shown willingness towards the adoption of bitcoins and we don't need any hub in special .
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May 05, 2015, 10:30:11 PM
 #37

London?? I Don't think so I mean London can never be the Bitcoin Hub but I think China can be the next Bitcoin Hub as its population is the largest across the globe so they can entertain bitcoins as more population more number of users as India is still out of it so I bet on China as a next Bitcoin Hub.

Impossible. China do not recognise Bitcoin as a currency. They're treated like stamps.

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May 05, 2015, 10:33:33 PM
 #38

Probably, enough people keep saying that London could end up becoming major actor in the btc space due to being btc friendly.
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May 06, 2015, 11:02:31 AM
 #39

I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

Very true! And the recent news about regulations aren't good at all. London's definitely one of the most expensive cities in the world (check property prices), it's one of the first place in the world to regulate BTC, and the government has already said it wants to regulate more. Sorry, but I can't see London as a good place for a start-up. Barcelona has more potential, but I'd bet on a tax heaven or... The cloud. Actually, the blockchain: that's where the global BTC hub stands.


London and the British government actually seem quite supportive of bitcoin and regulations are not necessarily a bad thing which I think is a common misnomer. If we want bitcoin to go mainstream or become a viable and useable currency then regulation is inevitable, but I agree bitcoin should be seen as a worldwide currency and not limited to certain cities.

London?? I Don't think so I mean London can never be the Bitcoin Hub but I think China can be the next Bitcoin Hub as its population is the largest across the globe so they can entertain bitcoins as more population more number of users as India is still out of it so I bet on China as a next Bitcoin Hub.

Impossible. China do not recognise Bitcoin as a currency. They're treated like stamps.

Some countries will always refuse to classify bitcoin as a currency or legal tender, but remember even stamps are legal tender in some countries https://www.youtube.com/watch?v=nAcdV019oMQ  Cheesy

louise123
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May 06, 2015, 11:11:22 AM
 #40

I don't get why people are so concerned with making certain cities bitcoin 'hubs' or 'capitals'. Isn't the biggest thing about bitcoin it being decentralized and essentially boderless? We don't need any central places so lets concentrate on spreading adoption far and wide rather than trying to get clusters in cities.

Didn't Brock Pierce try to do something like a Bitcoin city/center or whatever.
And there have been several threads talking about a Bitcoin Island.

I still don't get why though.
Whar is the need for these things?
Can't Bitcoin just be global?

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