Cryptocurrency boost: Slovenia creates first bitcoin city in the world

[btj]

SLOVENIA is set to open a bitcoin city in its largest shopping mall in Ljubljana, where customers can pay for goods simply using bitcoin and cryptocurrency, operating via blockchain technology, in a world first.

Good news for Bitcoin and cryptocurrency world !

I invite you to read the full article from here:
https://www.express.co.uk/news/world/971527/bitcoin-news-slovenia-bitcoin-city-Ljubljana-cryptocurrency-btc

[Wind_FURY]

I believe attempts like these will not be successful if Bitcoin, in its present state, is considered. Today, Bitcoin is best used as a store of value. It is a powerful form of "sovereign asset" that cannot be taken from you and cannot be censored.

Bitcoin as a medium of exchange will come later when more efficient ways of sending them are easier to use. #LightningNetwork.

[btj]

I believe attempts like these will not be successful if Bitcoin, in its present state, is considered. Today, Bitcoin is best used as a store of value. It is a powerful form of "sovereign asset" that cannot be taken from you and cannot be censored.

Bitcoin as a medium of exchange will come later when more efficient ways of sending them are easier to use. #LightningNetwork.

Even at this time, transactions can be made for cheap fees, since they are quite low again ... for sure LN will open many doors for the transactions, but at this current state is still possible to make cheap and fast transactions.

A great chance of success for this project!

Check this informative thread about fees:
https://bitcointalk.org/index.php?topic=2848987.0

[squatz1]

Meh, I'll beleive something like this when it actually comes to fruition and isn't just a way for a company (such as a news site) to attempt to get more clicks for themselves through advertisements. This probably isn't that good of an idea anyway, how would strores deal with TX fees and confirmations?

Lots of things to be answered on this.

[Juggy777]

This is a good sign for the crypto king, I believe this model could be implemented soon in all other countries and this would really increase the demand for cryptos, everyone could shop and buy hasslefree and the urge to try something new would bode well for bitcoins. I would take it as a positive step and waiting to see some positive results comin.

[btj]

Meh, I'll beleive something like this when it actually comes to fruition and isn't just a way for a company (such as a news site) to attempt to get more clicks for themselves through advertisements. This probably isn't that good of an idea anyway, how would strores deal with TX fees and confirmations?

Lots of things to be answered on this.

I think before they invested on a big project like this, the first thing to do is to think this at first place no ?

Before launching any project, must list the advantages and disadvantages.

and well make advanced studies, business plan, ect.

[davis196]

SLOVENIA is set to open a bitcoin city in its largest shopping mall in Ljubljana, where customers can pay for goods simply using bitcoin and cryptocurrency, operating via blockchain technology, in a world first.

Good news for Bitcoin and cryptocurrency world !

I invite you to read the full article from here:
https://www.express.co.uk/news/world/971527/bitcoin-news-slovenia-bitcoin-city-Ljubljana-cryptocurrency-btc

How come those news are good for BTC and the crypto world?This is Ljubljana,not New York or London.
What happend to the idea of an crypto island,or a crypto state?Nothing,because nobody was interested.
I really doubt that people in Slovenia are hardcore crypto fanatics.

[btj]

SLOVENIA is set to open a bitcoin city in its largest shopping mall in Ljubljana, where customers can pay for goods simply using bitcoin and cryptocurrency, operating via blockchain technology, in a world first.

Good news for Bitcoin and cryptocurrency world !

I invite you to read the full article from here:
https://www.express.co.uk/news/world/971527/bitcoin-news-slovenia-bitcoin-city-Ljubljana-cryptocurrency-btc

How come those news are good for BTC and the crypto world?This is Ljubljana,not New York or London.
What happend to the idea of an crypto island,or a crypto state?Nothing,because nobody was interested.
I really doubt that people in Slovenia are hardcore crypto fanatics.

But the main purpose i think is to attract peoples around the world and promote tourism in the region, national economy, and they can even expand their business and sell over internet etc ... So, in your opinion this will add no value to cryptocurrency world ?

[bitart]

...
But the main purpose i think is to attract peoples around the world and promote tourism in the region, national economy, and they can even expand their business and sell over internet etc ... So, in your opinion this will add no value to cryptocurrency world ?

Well, it's good that it's not New York or London or any other giant city wants to become a bitcoin city yet.
Fees are fine now, but as it was mentioned earlier here, you need to have a decent transaction speed too, if you want to be able to handle the needed tx count as well.
This will be done by the Lightning Network hopefully, so it's a good start now, but bitcoin needs time before the real mass adoption, to be a success story in the end...

[cryptorTUX]

SLOVENIA is set to open a bitcoin city in its largest shopping mall in Ljubljana, where customers can pay for goods simply using bitcoin and cryptocurrency, operating via blockchain technology, in a world first.

Good news for Bitcoin and cryptocurrency world !

I invite you to read the full article from here:
https://www.express.co.uk/news/world/971527/bitcoin-news-slovenia-bitcoin-city-Ljubljana-cryptocurrency-btc

This is great to hear that merchants are actually willing to do go through this and offer us the ability to pay with crypto. This whole thing brings us closer to adoption as when more people start to realize the potential benefits of using crypto and the fact that they can use it in everyday life it doesn't matter for them call it fiat or crypto because all that matters at the end of the day is for them to earn and spend their money. Will be interesting to watch how this situation unfolds in the future

[cynical]

SLOVENIA is set to open a bitcoin city in its largest shopping mall in Ljubljana, where customers can pay for goods simply using bitcoin and cryptocurrency, operating via blockchain technology, in a world first.

Good news for Bitcoin and cryptocurrency world !

I invite you to read the full article from here:
https://www.express.co.uk/news/world/971527/bitcoin-news-slovenia-bitcoin-city-Ljubljana-cryptocurrency-btc

How come those news are good for BTC and the crypto world?This is Ljubljana,not New York or London.
What happend to the idea of an crypto island,or a crypto state?Nothing,because nobody was interested.
I really doubt that people in Slovenia are hardcore crypto fanatics.

But the main purpose i think is to attract peoples around the world and promote tourism in the region, national economy, and they can even expand their business and sell over internet etc ... So, in your opinion this will add no value to cryptocurrency world ?

The aim also will be to attract blockchain industries and companies.
I think also there would be a big tourism factor and yet again raises big awareness for bitcoin and for crypto.
With around 500 stores visitors with bitcoin ciuld find it hard to keep their coins.

https://www.express.co.uk/news/world/971527/bitcoin-news-slovenia-bitcoin-city-Ljubljana-cryptocurrency-btcBTC City houses over 500 retails stores and strecthes over 1,558,398 square feet.

There is the issue that maybe people are reluctant to spend their coins instead opting to hodl for higher prices.

[Jossy111]

lets wait and see this come to reality its ganna be a bomb. am expectant.

[batang_bitcoin]

One the best news that I've seen so far after Malta's current state with cryptocurrencies.
Why some of the people here are negative about this news? when there are bad news out there you are complaining? and when there are positive news like this one you are still negative? ouch.
Give it a try and see on how things will work for this bitcoin paradise, the fees aren't the issue right now so people near that paradise will enjoy spending bitcoin through shopping it for real.

[bitvalak]

SLOVENIA is set to open a bitcoin city in its largest shopping mall in Ljubljana, where customers can pay for goods simply using bitcoin and cryptocurrency, operating via blockchain technology, in a world first.

Good news for Bitcoin and cryptocurrency world !

I invite you to read the full article from here:
https://www.express.co.uk/news/world/971527/bitcoin-news-slovenia-bitcoin-city-Ljubljana-cryptocurrency-btc

that's good, meaning bitcoin is useful and usable. I still hope all countries are doing the same thing as Slovenia does.

[franky1]

I believe attempts like these will not be successful if Bitcoin, in its present state, is considered. Today, Bitcoin is best used as a store of value. It is a powerful form of "sovereign asset" that cannot be taken from you and cannot be censored.

Bitcoin as a medium of exchange will come later when more efficient ways of sending them are easier to use. #LightningNetwork.

lightning network is not a bitcoin only feature.
LN is its own network where multiple coins will be able to be used. thus not something thats going to add anything to bitcoin alone.

the whole last 3-5 years has not been about making bitcoin feature rich to be more ahead of other currencies. but used as a beta experiment to develop things other currencies will use.

oh.. and whn you lock your btc into LN.. its no longer a sovereign asset. but something held in a controntract that neds a counter party to authorise
thus bitcoin becomes not a medium of exchange and not a sovereign asset.
its time you wake up to the reality of dvelopment and stop just looking at the social defense/offense games

[carter34]

...... how would strores deal with TX fees and confirmations?

Lots of things to be answered on this.

Yeah lots of things to answer but I think that of confirmation wouldn't be a problem because even with mobile cash transfer, you still wait to see the transfer message sent out to show that a transaction has been recorded.

[CoinstarF]

...... how would strores deal with TX fees and confirmations?

Lots of things to be answered on this.

Yeah lots of things to answer but I think that of confirmation wouldn't be a problem because even with mobile cash transfer, you still wait to see the transfer message sent out to show that a transaction has been recorded.

When dealing of transactions of tx it could be less of fees and faster process and if more countries enhances Bitcoin  possible the price will boom and easy to travel  vacations with no hassle .

[mostkey]

this will trigger the growth of bitcoin users. a good news and perhaps in the months ahead. if slovenia successfully runs this system smoothly. maybe other countries will follow that growth. and we can be proud of this situation. because the price will get better. and certainly we can open wider business opportunities with crypto

[Gleb Gamow]

SLOVENIA is set to open a bitcoin city in its largest shopping mall in Ljubljana, where customers can pay for goods simply using bitcoin and cryptocurrency, operating via blockchain technology, in a world first.

Good news for Bitcoin and cryptocurrency world !

I invite you to read the full article from here:
https://www.express.co.uk/news/world/971527/bitcoin-news-slovenia-bitcoin-city-Ljubljana-cryptocurrency-btc

Only in Slovenia could you call a shopping mall a Bitcoin City. Hey, I have an idea. I'll source a vacant strip mall in Detroit and call it Bitcoin Motors City.

[r1s2g3]

I guess more user registered here in this forum  than the entire population of slovenia. They are creating there own crypto currency and I think till now they do not have their any fiat currency.

I do not read anywhere in this article that they will be using bitcoin in that city. Article says that they will use Elipay.