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Author Topic: Which city deserves to be the blockchain capital?  (Read 445 times)
eaLiTy
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September 10, 2022, 07:25:52 PM
 #21

~
Dubai's economy and tech space has developed rapidly over the last 20 years. My understanding is their regulatory governance board has allowed some crypto companies to offer their services there recently. Seems to me they'll embrace Bitcoin more than any other region. They'll likely become a crypto hub with large crypto corporations HQ'd there over the next decade.
The Dubai government is supporting the cryptocurrency space and they understand the trend and they want to make sure they want to attract investors in this regard and few of my friends moved to Dubai once the Indian government implemented exorbitant tax but everything that glitters in Dubai is not gold as you cannot find qualified IT expert even for e commerce companies as they hire freelancers if they have any major technical issues Cheesy.

So when it comes to government friendly places for cryptocurrencies Dubai will be the place in the next 5 years, Singapore is a good spot but it is bloody expensive place to move if you are an outsider.
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September 10, 2022, 09:04:12 PM
 #22

What's the purpose of having a blockchain capital?. I don't think it's necessary to have Blockchain capital because if I know there is one then It will make me feel that it is not decentralized when it is really decentralized. Having a capital is just like giving an impression that it id centralized in my opinion and may cause damage to crypto as what kakmakr said but if there will be one then I would choose Singapore for that.

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September 10, 2022, 09:53:54 PM
 #23

It's nice to see a list of worldwide cities that are hosting blockchain events; however, this in and of itself should be the ultimate qualifier but one of the criteria.  Before going any further, I would say to stop right here as naming a "blockchain capital" just feels too much like centralization.
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September 11, 2022, 12:53:37 AM
 #24

You know what I think?  There shouldn't be a so-called blockchain capital.  It's nice that there are municipalities around the world (cities/states) who've touted themselves to be crypto-friendly and that some of the larger cities have been host to big conferences and other get-togethers, but that "blockchain capital" title just rubs me the wrong way, as it goes against the decentralized nature of bitcoin--and it's that decentralization that makes it so great.  Well, it's one of the reasons anyway.

Besides, any place could claim that title but it doesn't mean everyone would agree on it. 
Agree with what you said, Apart from making this into other pros and cons, this is also an assumption that when there is a city that is used as capital for crypto this becomes another conversation because with things like this there will be things that are difficult to accept such as for example, when there is a city that is friendly to Crypto but the government still makes this thing Illegal or Neutral, for example, this will also be an irony later.

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September 11, 2022, 01:21:14 AM
 #25

Many major and minor conferences occur worldwide for people to gather and discuss blockchain development and the crypto industry. Everyone can find a lot of helpful information and make the necessary acquaintances during such events. According to our research, the list of cities hosting the most events in 2022-2023 is topped off by:

  • London - 26 events;
  • New York - 25 events;
  • Rome - 20 events;
  • Dubai - 16 events;
  • San Francisco - 13 events;
  • Miami - 13 events;
  • Singapore - 10 events.

Las Vegas is popularly known as the city of gambling because it has the highest rate of gambling activities and highest revenue generated from gambling activities, so in regards to the question you just ask, the city with the highest Blockchain activities should be called the Blockchain city, while the city with the highest crypto/Bitcoin activities and revenue generated from crypto should be also known as the crypto/Bitcoin capital, likewise vice versa to any other

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September 11, 2022, 06:06:54 PM
 #26

Sounds so obviously ironic, its not a centralized standard.  Surely there should be no center or any aim to direct the blockchain in that way even if it were purely publicity.   You could argue maybe the countries with BTC as a national currency deserve the first attempt at such a title but the whole world is the ideal.
But for some reason blockchain events are held more often in some cities than in others. Why do you think organizers choose 1 city more often?
Than in other what? Events? Organizers choose more than one city because not all people can attend the event as they are too far. @STT common man it's only just an event or a meeting to help spread the word blockchain so let us not take things seriously.

This does not affect the decentralization of the blockchain but it is still fully decentralized. We can just treat this the same to those countries who are titled to be the first to adopt btc or to make btc as a legal tender. London got 26 events so far but I think Dubai and Singapore will be a better venues for this. Not only about cryptos or blockchain but Dubai is known for business meetings while Singapore has a good ambiance. It's clean and there are great scenery there.

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September 11, 2022, 06:24:37 PM
 #27

It's nice to see a list of worldwide cities that are hosting blockchain events; however, this in and of itself should be the ultimate qualifier but one of the criteria.  Before going any further, I would say to stop right here as naming a "blockchain capital" just feels too much like centralization.
I don't think having that title would be necessary because each country has blockchain activities that some people aren't aware of. There are lots of countries that are involved in blockchain and as long as adoptions and developments are happening each country should be known as a blockchain city.
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September 11, 2022, 07:30:25 PM
 #28

Time after time each country is making progress and they will step forward into the blockchain. Also regarding bitcoin and cryptocurrencies, I guess between countries and cities mentioned by OP New York deserves the most because they have had bitcoin atms for a long time and events since years ago also there are freedom for bitcoiners and the mayor of New York is a bitcoin-friendly person. However, regarding the op post, I should say the events are not good reasons for blockchain capital by themselves.

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September 11, 2022, 08:07:16 PM
 #29

Many major and minor conferences occur worldwide for people to gather and discuss blockchain development and the crypto industry. Everyone can find a lot of helpful information and make the necessary acquaintances during such events. According to our research, the list of cities hosting the most events in 2022-2023 is topped off by:

  • London - 26 events;
  • New York - 25 events;
  • Rome - 20 events;
  • Dubai - 16 events;
  • San Francisco - 13 events;
  • Miami - 13 events;
  • Singapore - 10 events.


Like Satoshi, we should all be humble and not seek out fame, so creating such a label will always be fraught with difficulty and is totally unnecessary. The amount of events these places hold is completely redundant in meaning as well, because they could be super small or super large, they could be garbage or high quality, so it has no bearing on how useful they are. It is best to see innovation happening all around the world because there are almost 8 billion minds coming up with good ideas every day and they should not be stifled due to their location. Besides, with so much activity taking place online these days and work at home being so big, everyone is becoming more scattered already.

R


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September 11, 2022, 08:41:34 PM
 #30

Most of these crypto event organizers usually look for the perfect venue that a lot of crypto enthusiasts will attend and they always do this base on the nucleus event team's decision.
Therefore, a certain city having a huge number of crypto events does not justify the city being the deserving city to be the blockchain capital, and the last time I checked every government acknowledges blockchain but only a few support cryptocurrency, and a city with a huge tax on crypto or which government doesn't legalize crypto doesn't deserve to be blockchain capital.

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September 11, 2022, 11:27:30 PM
 #31

My vote is for Singapore. They have a great success story. Every time I look at their history, I am impressed. In just 30 years, they have done great work with an innovation-based growth model. I think this small country that has managed to become an important part of the financial world can also succeed in becoming the capital of the cryptocurrency world. Also, I would not say no to a commemorative coin to be minted in memory of Lee Kuan Yew. :)

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September 11, 2022, 11:31:32 PM
 #32

My vote is for Singapore. They have a great success story. Every time I look at their history, I am impressed. In just 30 years, they have done great work with an innovation-based growth model. I think this small country that has managed to become an important part of the financial world can also succeed in becoming the capital of the cryptocurrency world. Also, I would not say no to a commemorative coin to be minted in memory of Lee Kuan Yew. Smiley
I'll also go with Singapore, because it have made themselves high in technology adoption earlier. It also have the system that lets Investment to me made with ease than other countries. So, more number of blockchain startups have moved from other countries to Singapore. Next in my list will be Dubai, which always intend to keep themselves top in technology. The oil wealth is an advantage for them to go high and make things better.

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shynar_data40
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September 12, 2022, 11:48:49 AM
 #33

El Salvador appears to have made the largest per capita commitment to crypto. If there is a capital they might merit the distinction.

Given the history of the internet I wouldn't be surprised if someone tried to establish a capital somewhere in international waters. There is unclaimed land near the mojave desert and far south not far from antarctica. Perhaps cryptocurrency capitals could be established there. Or perhaps one might eventually be established on mars or the moon. All of the motivation for such things appears to have waned. Local governments have shown that they will not tolerate such positions to be established in international waters near their borders. Which could have put a damper on things.

People have flocked to find sympathetic representatives. There are a few US states who are sympathetic or even supportive of crypto. While other US states have adopted the opposite approach. I don't think its too hard to tell which direction the wind is blowing. But you can never tell.
Your idea that in time a cryptocurrency capital will be created on Mars or the Moon is interesting.
Don't you think it will become a global commons and making it a cryptocurrency capital would be inappropriate?
What do you think about London and Dubai?
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September 12, 2022, 12:22:13 PM
 #34

A very interesting and beautiful topic. When I look at the list, I think the city that will suit me best is London. It hosted many conferences that I followed closely. After that, I can say that it would be a city from America.
Why can London be an American city while London is in the European part? I think that the problem with more events in the London area is because London has cool air temperatures that tend to be cold, ranging from 11 to 15 degrees Celsius. Let alone Asian tourists, residents of London were reluctant to linger outside when the wind began to blow hard.

So London is more suitable to be the blockchain capital because it is easier to reach by everyone in other parts of the continent and also with a fairly dense population there.
So that it can be easier to hold any event related to blockchain because there are also more people who know about blockchain.

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September 12, 2022, 12:27:16 PM
 #35

Is this the best for Blockchain to have a capital country? Satoshi become anonymous just to make the Bitcoin blockchain completely anonymous and can’t be taken down by the regulators while people that adapts want Blockchain to become centralized at all by choosing a country to it’s capital.

Maybe crypto capital is the right term and not blockchain if the main purpose of the topic is about adaption level of different country to the use of crypto.

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September 12, 2022, 12:41:05 PM
 #36

Las Vegas is popularly known as the city of gambling because it has the highest rate of gambling activities and highest revenue generated from gambling activities, so in regards to the question you just ask, the city with the highest Blockchain activities should be called the Blockchain city, while the city with the highest crypto/Bitcoin activities and revenue generated from crypto should be also known as the crypto/Bitcoin capital, likewise vice versa to any other


It's true Las Vegas is popularly known as the city of gambling but making it the capital of crypto will mostly harm the reputation of blockchain, showing it's leaning toward the gambling hub of the world.

I think one of the innovative countries deserves the title of capital. That's the reason I chose Singapore.
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September 12, 2022, 01:06:42 PM
 #37

In my truthful opinion in relation to what Satoshi wants, no country should be or deserve to be the capital of blockchain, anyone can do their conference anywhere before one country will begin to claim superiority. You don't know human beings, when they are now talking about capital in the name of gatherings, they will look for a way to semi-centralise the blockchain in the guise of it being a decentralized one. Bitcoin and other important coins should remain decentralized and no meetings or headquarters should be thought about irrespective of the countries that hold or trade it mostly. The principle and mechanism of operation are there already online, nothing should alter it, not even conferences. In no time, they will begin to manipulate one thing or the other and bring politics into it.

Conclusively, all countries should/deserve to be the headquarters of blockchain.

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September 12, 2022, 01:38:55 PM
 #38

San Francisco is my likely candidate for the blockchain capital because that city houses the Silicon Valley region which is the melting pot of all technological innovations out there and why wouldn't we choose it when it's already obvious. I would nominate in second place is probably Estonia with their adoption of technology and focus on computer science related stuff, they can be a good capital too.
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September 12, 2022, 02:03:30 PM
 #39

Is this the best for Blockchain to have a capital country? Satoshi become anonymous just to make the Bitcoin blockchain completely anonymous and can’t be taken down by the regulators while people that adapts want Blockchain to become centralized at all by choosing a country to it’s capital.

Maybe crypto capital is the right term and not blockchain if the main purpose of the topic is about adaption level of different country to the use of crypto.
Having a Crypto or Blockchain Capital would vary depending on how we interpret things. You may interpret it as having a decentralized platform such as blockchain and having a blockchain capital may somehow negate its meaning as the anonymity of having a central capital where blockchain or crypto is well-versed.

However, we must look into the fact that there are a lot of places where crypto and blockchain are banned while in some places it is welcomed and widely accepted. We may identify it as the Blockchain Capital however before we may be able to decide whether or not it is to be considered as the capital, various aspects should be factored out, and not only the most hosting but also the most adaptations done.

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September 12, 2022, 09:48:55 PM
 #40

To me a country which have a softer visa policy should be the hub
I am not in the clear mind state - I have to complete all the comments - too I will read all the comments and will come up with my suggestion
This is a good suggestion since other countries are too strict when it comes to visa application but of course it will still depend. Having more events doesn’t tell you to be the blockchain capital, i believe it will still depend on how friendly that country is and if blockchain technology or cryptocurrency is already accepted on that country and being used by many.

It’s hard to tell where the capital is but the good thing here, many countries are now accepting crypto and that is what matter the most here.

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