p2pbucks (OP)
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July 27, 2014, 01:52:04 AM Last edit: July 27, 2014, 02:11:41 AM by p2pbucks |
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I guess There will be a city fully support crypto currency industry in a not far future. The definition of city of crypto : I. Any decentralized crypto currency is legal tender and tax free, let the free market decide which crypto will be the mainstream II. Crypto companies have rights to keep customers profile secret III. Gov guarantee will not interfere crypto currency industry Obviously , New york isn't suit for that title. I have some candidates : 1. Tokyo , though mtgox is in Tokyo but it seems japan still is very tolerant to crypto . 2. Hong kong , HK gov think there's no need to regulate Bitcoin if it does not pose a threat to the financial stability of HK . 3. Singapore , Bitcoin transactions may be treated as a barter exchange if it is used as a payment method for real goods and services in Singapore/ 4. Los angles , California gov have signed a bill legalizing Bitcoin , but not sure about the future . 5. Copenhagen , the Denmark top tax authority declared that personal profits and losses from Bitcoin trading would not be taxed 6. Toronto , Toronto has many Bitcoin ATMs and lots of merchant stores accept Bitcoin ( williamj2543 ) 7. Offshore tax free country , offshore countries will always be the heaven of crypto So ..any thoughts ? Ref : https://en.wikipedia.org/wiki/Legality_of_Bitcoins_by_country
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williamj2543
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July 27, 2014, 01:53:22 AM |
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Toronto, Canada anyone? We have a ton of stores, and we have lots of bitcoin atms. Vancouver may also be good, but Toronto is a bigger city.
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Chronikka
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July 27, 2014, 01:58:29 AM |
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I don't know about Singapore or Hong Kong. As Bitcoin grows it will increasingly pose a threat to fiat. I would expect the governments there to be less accommodating in the future.
Tokyo is interesting because they thrive in the technology sector. Bitcoin will bring a lot of new, lucrative business to the city.
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"The true sign of intelligence is not knowledge but imagination" -Albert Einstein
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deepestfear
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July 27, 2014, 03:18:05 AM |
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I have a sense New York will eventually find a way to be that
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banque
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July 27, 2014, 03:28:26 AM |
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Amsterdam
Legal Drugs Legal Hos
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SomethingElse
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Looking for the next big thing
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July 27, 2014, 03:31:14 AM |
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Boston because of the MIT initiative
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NEM
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banque
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July 27, 2014, 03:32:13 AM |
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Toronto, Canada anyone? We have a ton of stores, and we have lots of bitcoin atms. Vancouver may also be good, but Toronto is a bigger city.
hey can you start a thread about ATMS and btc how they work we got www.btcATM.biz and some others so we're researching how to monetize the assets if they got enough atm's there maybe we find a canuck company to join btcATM.biz/com/net/org those the top 4 terms for a tld for international biz .ca is canada good for your country that's it .us good usa .co.uk UK .eu europe .tld for any country limited to that country com/net/org/biz those the big four for international biz
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chennan
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July 27, 2014, 03:32:33 AM |
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Difficult to say right now! Every single gov is monitoring the financial market. If they find anything suspicious related BTC, they will be definitely tracking the BTC transaction and get the suspect's profile from any related BTC company.
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coinmaster222
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July 27, 2014, 03:33:49 AM |
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I have a sense New York will eventually find a way to be that
Their law makers disagree. Marihuana seems more likely to have it's center there once it's legalized.
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Sindelar1938
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July 27, 2014, 04:32:27 AM |
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Berlin, London, Singapore, New York are all credible and likely candidates
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Chef Ramsay
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July 27, 2014, 04:41:47 AM |
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Berlin, London, Singapore, New York are all credible and likely candidates
It's tough to narrow down one location as the likely hub when all of these are great choices, so I'd say you're gonna have hot pockets in many of these metropolises and they'll keep expanding from there. I'd really like to see Africa become one of these as a whole considering there's so many there that need to be banked and lifted up.
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mkc
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July 27, 2014, 05:21:12 AM |
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I vote for HK. because it is closer to where mining machine are made also itself is btc friendsly
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madken7777
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July 27, 2014, 05:38:13 AM |
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Hong Kong as it is easy to open a bank account there.
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mercistheman
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July 27, 2014, 05:58:00 AM |
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It may be too early to answer this but it's safe to say that the cities that seriously roll out the carpet for BTC will have a jump start over the others... millions of new revenue.. not including benefits of upstart companies willing to sink capital into the local economy... forward thinking legislators will be early adapters and reap the benefits.
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redHeadBlunder
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July 27, 2014, 06:08:35 AM |
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There will be none.
The decentralized nature of bitcoin will prevent any one place from being the center of bitcoin related transactions.
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Possum577
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July 27, 2014, 06:42:17 AM |
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I'm surprised Silicon Valley or San Francisco weren't on your list. You should replace LA with SF.
Isn't LA still fighting technology with record companies, TV networks, and Hollywood?
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deepestfear
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July 27, 2014, 08:06:05 AM |
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Come to think of it London, Singapore, Hong Kong and Berlin will also be influential
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seriouscoin
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July 27, 2014, 08:19:21 AM |
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Detroit,
Bitcoin community can buy out the damn city and start our own.
There are tons of house listing for $500 .
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franky1
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July 27, 2014, 08:25:09 AM |
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there will be no center.
keep it decentralized guys where every town is bitcoin friendly, why are people so obsessed with making bitcoin concentration camps.. it truly bewilders me
seems most would rather sit in basements and then run to a concentration camp, rather than write a letter or mail to their local politician to become bitcoin friendly..
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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BtcGains
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July 27, 2014, 08:28:43 AM |
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California and Tokyo high contenders Tier 1 countries always have the advantage reason being I chose California
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