Bitcoin Forum
May 07, 2024, 04:11:48 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Capacity exchange development presents untapped opportunity for London  (Read 917 times)
istar (OP)
Hero Member
*****
Offline Offline

Activity: 523
Merit: 500


View Profile
August 11, 2012, 06:52:09 PM
 #1

This following report for the City of London, recommends opening up for trade with alternative currencies it mentions Bitcoin.

In the summary of the long report.
Bitcoin is mentioned twice.

http://www.cityoflondon.gov.uk/business/economic-research-and-information/research-publications/Documents/research-2011/Capacity%20Trade%20and%20Credit%20Summary%20Findings_web.pdf

1.5.1 Alternative Currencies
Alternative currencies are increasingly discussed in both business and academia.
Some, hardly exhaustive, examples help to set the scene. Facebook credits and
BitCoins are attempts to create common tenders for virtual communities. Facebook
is tied to its social network while BitCoins are intended to be used across
communities.
...

There is also a table on page 12 with benefits. In which Bitcoin should be in category 3, in that category they stack up all the benefits.

Btw, City of London conducts more economic trade than wallstreet.
London Is Eating New York’s Lunch
http://www.nytimes.com/2012/03/04/magazine/how-london-surpassed-wall-street.html?pagewanted=all

In the full report.
On page 173 under Money 3.0 they appear to describe something that sounds a little similar to Bitcoin.
Money 3.0 is then the relationship within which value is exchanged by reference to an Energy Standard.

http://www.cityoflondon.gov.uk/business/economic-research-and-information/research-publications/Documents/research-2011/Capacity%20Trade%20and%20Credit_Full%20Report_Web.pdf




Bitcoins - Because we should not pay to use our money
1715055108
Hero Member
*
Offline Offline

Posts: 1715055108

View Profile Personal Message (Offline)

Ignore
1715055108
Reply with quote  #2

1715055108
Report to moderator
1715055108
Hero Member
*
Offline Offline

Posts: 1715055108

View Profile Personal Message (Offline)

Ignore
1715055108
Reply with quote  #2

1715055108
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
evoorhees
Legendary
*
Offline Offline

Activity: 1008
Merit: 1021


Democracy is the original 51% attack


View Profile
August 11, 2012, 08:30:33 PM
 #2

Cool Smiley
Serith
Sr. Member
****
Offline Offline

Activity: 269
Merit: 250


View Profile
August 11, 2012, 11:28:27 PM
 #3

City of London, Population: 7000 people, wikipedia.org/wiki/City_of_London

London and City of London technically two different cities, awesome video that explains it.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!