Dubai is on the map - for Bitcoin

[Nilda]

People out there are loaded. Things are about to get exciting once the citizens of this oil-rich kingdom starts investing in bitcoin. The timing is also perfect.

[tanjilrifat]

This is somehow a cause of the people who invest in it successfully and people that are bitcoin enthusiast that has been well developed their projects and blockchains successfully.

[jayveerastrullo]

Dubai is number 1 in bitcoin or altcoin investment. Most of the new cryptocurrencies are came from dubai. Maybe people there really believe the future of bitcoin and most of them already became rich because of it. They are not afraid of being scammed because they know that no one can do that to them.

[iv4n]

Dubai is on Bitcoin map for years, they are very open to crypto general. It shouldn`t be a surprise, they are very advanced little state that invest a lot in everything, especially new technologies. In the beginning of this year they issued first licence for crypto service, I searched a bit and I found that article: https://news.bitcoin.com/dubai-issues-license-to-cryptocurrency-firm/. The largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services.  Dubai is definitely going in the right directions for this kind of enterprise, in few years they will be more crypto than now.

[GreenInformation547]

Dubai is always an upgraded country and in the case of bitcoin and ALTcoin they are the only one country who comes first and I really appreciate it.

[longyenthanh]

Dubai is always an upgraded country and in the case of bitcoin and ALTcoin they are the only one country who comes first and I really appreciate it.

I think that if Dubai will make something more than now other countries could follow that, it has proves so many times that their decision were made with big success.

[Catch-22]

People in Dubai are loaded. Lots of disposable income, perfect for bitcoin investment. What took them so long to get into cryptocurrency? Better late than never. 

[r2d2moons]

In Dubai, everything is developing well and probably that they have bitcoin for which you can buy everything)

[jojohamasa]

I visited Dubai and actually it is very sophisticated
Its economic policies are open
It will have a good future
But they have to check the choice of strong projects

[Dmitry.Vastov]

http://www.reddit.com/r/Bitcoin/comments/2kpwah/coinapult_locks_vs_bitreserve_price_comparison/

This is the very good news that Dubai is also thinking of be the part of bitcoin and no doubt introduction of bitcoin in Dubai will boost its development only and moreover will increase the GDP of the nation and not Dubai there are many more nation like Brazil 🇧🇷, japan 🇯🇵, South Korea 🇰🇷 who has legalised bitcoin and not get benefited by the bitcoin but I don’t understand not simple thing that now more and more countries are legalising bitcoin but why still bitcoin valuation is not increasing.