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Author Topic: Which city deserves to be the blockchain capital?  (Read 445 times)
AmoreJaz
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September 12, 2022, 10:13:12 PM
 #41

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.

for me, this should not be a competition at all. the more cities we have in terms of being open to crypto market, the better. because it means, more people will be encouraged to join this market if they are promoted by more cities or countries. it will also lessen the hesitations of most newcomers about the negative notion about crypto.

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September 12, 2022, 11:42:16 PM
 #42

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.

for me, this should not be a competition at all. the more cities we have in terms of being open to crypto market, the better. because it means, more people will be encouraged to join this market if they are promoted by more cities or countries. it will also lessen the hesitations of most newcomers about the negative notion about crypto.
But then again - if people have to go and attend meeting and the visa policies are sticker - how would people be able to meet and discuss the matters with other in the industry so for me too - softer visa policy should be the main priority.
These days Visa processes weren't a big issue when you're an investor. Even for layman this has turned to be an easy thing, if there is no legal issues out of crime and other activities. Most of the countries mentioned were good, but for me it is Singapore which best suits for the technology based move.

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September 13, 2022, 09:48:09 AM
 #43

I'd choose Singapore because I think they're most creative in their approach to tackling situations.
For example, take a look at their water purifying system. They convert every drop of wasted water into drinkable, and that's crazy wow for me.

You can call me a tech fan because the reason I chose Singapore for the blockchain capital but I don't mind.

I agree, their techology is fascinating, now Singapore is even being called Asia's haven for blockchain startups. But amid the recent downturn in the cryptocurrency market and the spectacular collapses of cryptocurrency firms such as Terra, the Singapore authorities seem to be getting bolder in their criticism of the crypto industry and outlining its potential dangers, with legislation and licensing becoming more difficult. Do you think Singapore will loosen requirements for market players?
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September 13, 2022, 10:08:32 AM
 #44

I didn't knew London has more events than New York or Miami or Singapore. Even Rome at the third spot is new to me.

If I were to pick a city to become the blockchain capital I will favor New York. New York is the world's capital to stock market. Wall Street is there too. New York as a blockchain capital in the world would ignite the crypto market. Stock traders will become more exposed to cryptocurrencies and it won't take long before they will study it and then they will enter the crypto market also. New York will make crypto big.

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September 13, 2022, 05:31:34 PM
 #45

Interestingly Amsterdam is not far away from the current climate neither. I mean I agree that London is on another level when we are talking about finance, they are literally the headquarters of the world and even though USA looks like a richer nation and has wall street which is known as a big finance center, London is a lot bigger when it comes to moving money around like crazy.

So, crypto should be feeling very welcome there if the regulations are met, the law is not clear on it as much as we want it to be, because not every bit of angle on crypto is covered right now, simple stuff like trading and exchanges could happen, but we could also have a lot more stuff going on like defi or nft or whatever which could be built all there.

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September 13, 2022, 07:39:35 PM
 #46

When talking about the capital city, of course it must be seen in terms of the level of what percentage of the community, especially in the field of crypto investment and blockchain users, to become a blockchain city.

I am referring to the source below.
Quote
Crypto or cryptocurrency and blockchain investment in Singapore has skyrocketed more than 10 times last year. This is a record high while strengthening Singapore's perception of being a crypto-hub country as a digital asset.

From the data that I see, currently crypto & blockchain is one of the hot discussions this year that is happening in Singapore, currently Singapore is included in the list of number five countries that use crypto & blockchain as a whole in the fintech investment field & education.

Several well-known universities in Singapore have developed education and support ecosystems for blockchain, which is one of the technological systems used to store all data in a digital way, technology, industry, blockchain is one of the new breakthroughs that Singapore has long dreamed of.

I think blockchain insight in all aspects especially in the field of education in Singapore will make good progress in the future, for that, the best blockchain city from the international sector, in my opinion, Singapore deserves to be proposed.

R


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September 13, 2022, 07:54:14 PM
 #47

It’s very good one to make the capital based on the amount of transaction made on that city.It also based on the population involved in the trading of crypto currency with respect to the total population.But the drawback on this was,the decentralised nature of bitcoin will be spoiled.The decentralised way of bitcoin is the main reason for the huge pump in a short period of time in bitcoin.

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September 15, 2022, 08:31:28 PM
 #48

El Salvador is the boldest country in terms of adopting bitcoin as a legal currency. The same regulation regarding crypto should make them more likely to be at the forefront of being represented as the best blockchain capital candidates, but what's the point?

El Salvador was the first country to echo the country's bitcoin city building, this is the best way for anyone not to forget it even though so far not many conferences have been held there. I think many government representatives from the crypto industry in different countries have done research on El Salvador's success in adopting bitcoin, so I think apart from a few Asian and European countries, El Salvador should be one of the worthy countries as blockchain capital.

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darewaller
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September 19, 2022, 05:31:30 AM
 #49

I agree with El Salvador deal, I mean they are literally the first nation to make it a legal tender, if that doesn't make you want to create a crypto capital there then I do not know where it would be. Sure places like London or California, or even Singapore makes sense financially, London is huge on finance, California is 5th biggest economy of the world if it was a nation, and Singapore literally grew big based on the regulations they allow people to run around freely.

But, those are all regular finance world stuff, if you look at El Salvador you do not see a great nation, you do not see a rich nation, but you see a nation that is based on Bitcoin right now, it is getting bigger thanks to it.
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October 27, 2022, 12:47:41 AM
 #50

london might be better,because london is a safe city,
and progress in the country or city is quite good,
the technology is also good.

whichever city you mentioned above, all of them are also good for being the capital city of the blockchain,
but i chose london.
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October 27, 2022, 07:03:32 AM
 #51

london might be better,because london is a safe city,
and progress in the country or city is quite good,
the technology is also good.

whichever city you mentioned above, all of them are also good for being the capital city of the blockchain,
but i chose london.

In my opinion, London already has a strong influence on Cryptocurrencies because currently there are many large projects based in London, besides London, in my opinion Dubai deserves to be a candidate because of all infrastructure and state policies on cryptocurrencies.
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October 27, 2022, 10:14:58 AM
 #52

I also think that conferences are irrelevant in naming a country to be the blockchain capital.  I believe a blockchain capital should be a country that integrates blockchain technology and contributes the most when it comes to blockchain development and integration.  Just because someplace is having lots of conferences I do not think that it is deserving to be a blockchain capital unless it fully integrates, propagates, and leads other countries in blockchain development.


Philippines and Nigeria are also growing on crypto but capital should be rich and secure where people feel free to come and do business with each other.
And I believe Dubai and Singapore are best because they have comparatively better visa policy

I believe Blockchain capital should be the place that leads blockchain development and propagation. Regardless of security and wealth.

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October 27, 2022, 10:48:57 AM
Last edit: October 27, 2022, 03:19:15 PM by worldofcoins
Merited by The Sceptical Chymist (3)
 #53

Interestingly Amsterdam is not far away from the current climate neither. I mean I agree that London is on another level when we are talking about finance, they are literally the headquarters of the world and even though USA looks like a richer nation and has wall street which is known as a big finance center, London is a lot bigger when it comes to moving money around like crazy.

Many people are suggesting London as blockchain's capital, I remember a project I was hyped up about which was initially built in London is Pillar an altcoin.
The altcoin PLR is used as fuel for the Pillar phone app.


So, crypto should be feeling very welcome there if the regulations are met, the law is not clear on it as much as we want it to be, because not every bit of angle on crypto is covered right now, simple stuff like trading and exchanges could happen, but we could also have a lot more stuff going on like defi or nft or whatever which could be built all there.

Yes you're right you also have to consider the law before making blockchain capital for London, I doubt OP checked the whole laws and regulations regarding the consideration of blockchain as capital for London.
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