Germany can become the capital of the Bitcoin

in #bitcoin7 years ago

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Germany is becoming a new crypto center. The Germans are interested in the Bitcoin because of its anti-inflationary nature and anonymity, and the creators of leading crypto, including Ethereum, and other block projects live in Berlin.

The Wall Street Journal believes that if China really bans the extraction of digital currency, the miners will be transferred to Germany where the price of electricity is constantly falling due to the transition to renewable energy sources.

Deloitte, in turn, announced that the German blockbuster projects ranked fourth in China, the US, and the UK in the GitHub platform. The first projects of this type have begun to emerge as early as 2008.

The Berliner Jörg von Minwitz, the founder of the startup company Bitwala, says he was interested in the Bitcoin as early as 2011 after the debt crisis in Europe. There has always been a problem with the central authorities trying to control our money in Germany, according to Minkwitz.

They are interested not only in Berlin, but also in Frankfurt and Munich, and Deutsche Bank and Bertelsmann are trying to use a blockchain in their operations. Many German companies implement the new technology and make business plans related to crypto-currency.

image source - Instagram

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