Dubai is on the map - for Bitcoin

[Coinapult]

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

[LiteCoinGuy]

hopefully we can see the videos from the conf some days ago 

[ChuckBuck]

Isn't there already an exchange available for trade in Dubai/UAE?

http://www.coindesk.com/uae-first-bitcoin-exchange-dubai/

https://www.igot.com/


Also, what does Coinapult and Bitreserve have to do with Dubai?

[Gianluca95]

Generally I think another thing. Is already exist in Dubai something which is connected with Bitcoin? Because it is very strange, a city which has many oil and money haven't nothing which is connected with bitcoin? 

[countryfree]

There are lots of folks with big money to invest in Dubai. This is the right place for BTC.

[bornil267645]

Well the amount of money Dubai have, they can buy all the Bitcoin at once if they want.

[Coinapult]

Isn't there already an exchange available for trade in Dubai/UAE?

http://www.coindesk.com/uae-first-bitcoin-exchange-dubai/

https://www.igot.com/


Also, what does Coinapult and Bitreserve have to do with Dubai?

Hi ChuckBuck, Coinapult's co-founders Erik Voorhees and Ira Miller were asked to speak at the Dubai Bitcoin Conference so that is how we came to be involved in the event. More generally though, all of our Bitcoin services are available in Dubai so we hope that people will find value in our products. In fact, our Bitcoin by SMS may be particularly useful considering about 90% of the population are migrant workers.

[KingOfSports]

Isn't there already an exchange available for trade in Dubai/UAE?

http://www.coindesk.com/uae-first-bitcoin-exchange-dubai/

https://www.igot.com/


Also, what does Coinapult and Bitreserve have to do with Dubai?

Hi ChuckBuck, Coinapult's co-founders Erik Voorhees and Ira Miller were asked to speak at the Dubai Bitcoin Conference so that is how we came to be involved in the event. More generally though, all of our Bitcoin services are available in Dubai so we hope that people will find value in our products. In fact, our Bitcoin by SMS may be particularly useful considering about 90% of the population are migrant workers.

Woah Sdice creator is now the cofounder of a currency exchange / Bitcoin liquidator? What a change that is. Good luck to you Voorhees, I still remember when your account got hacked couple months back and you sent me a PM asking to buy BTC  knew it wasn't you since you're probably a Bitcoin millionaire.

[panju1]

There are lots of folks with big money to invest in Dubai. This is the right place for BTC.

If one of the oil-rich sheikhs takes a liking for Bitcoin, we could be in for a serious bull run.
Crude oil being denominated in USD is one of the reasons why the dollar is the international reserve currency.

[Newar]

Well the amount of money Dubai have, they can buy all the Bitcoin at once if they want.

Actually Dubai is in the shits and is owned by Abu Dhabi. Pretty much same difference though.

[edmonddantes]

What about btc ATM I'm Dubai?

[HappyWhiteHuman]

Dubai Looks to Disrupt its Entire Legal System with ‘Court of the Blockchain’

The Dubai court system tasked to oversee all civil and commercial disputes involving financial transactions both domestically and internationally is turning to blockchain technology to “create the world’s first disruptive court”.

The Dubai International Financial Center (DIFC) Courts has announced its plan “to create the world’s first Court of the Blockchain” in a partnership with the government’s Smart Dubai initiative that it says will fundamentally reshape the judicial process in the future. The pivot to a “blockchain-powered future” will bring “greater efficiencies across the entire legal ecosystem,” the authority said in a statement.

The two bodies will form a joint-taskforce to specifically develop a network built on blockchain technology and smart contracts to explore verification of court judgments and sharing of documents in real-time for efficient cross-border law enforcement. Beyond the initial step, other ‘far-reaching benefits’ include removing document duplication and streamlining the broader judicial process the release added.
https://www.ccn.com/dubai-looks-to-disrupt-its-entire-legal-system-with-court-of-the-blockchain/

[Falmera]

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

Dubai is a rich country and of course a lot of rich people or businessmen. It is a good place for investors. I think it is impossible that bitcoin or crypto coins are not used there.

[InfiniteBlock560]

Wel this is a good news for btc. Place like Dubai can make a huge difference.

[SmartMetro54]

OMG. A brilliant news indeed. Good for btc.

[MightyTulip32]

Dubai is world's most wealthiest place.  They can buy all btc at a time.

[BestBoardroom36]

This is very good for Btc. This really the best place to go.

[ansarose1]

Bitcoin industry now is widely emerging and extending its popularity. 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. Hoping for yhe greatest success of the bitcoin world in the future.

[karagun125]

Dubai is a fully developed country and has gain the extent of knowledge about bitcoin, they welcome their people to the mode of bitcoin trading industry and they can facilitate bitcoin world with their facilities that is also well developed, high tech world.

[stayeduptolate]

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

This is a very good news that first South Korea 🇰🇷, then Germany 🇩🇪, then Brazil 🇧🇷, and now Dubai is on the map for bitcoin, I heard the bitcoin stories and knows the time when bitcoin was completely unknown to the people and no one was ready to believe it but now it has made such a tremendous progress and proved its worth to trust enough and more and more countries are understanding this potential of bitcoin and thus legalising its transactions in their nation.