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Ask HN: What city is the center of crypto innovation?

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Re: Ask HN: What city is the center of crypto innovation?

#23
post #19

Earlier quoted context omitted.

Then why can i travel with a credit card without restrictions? Shouldn't that be the same as carrying my crypto wallet?

Your credit card provides you with credit , as the name implies. It's not an asset in itself.

My bank credit card is indeed tied to real assets... am i supposed to declare all my assets?

Re: Ask HN: What city is the center of crypto innovation?

#24

You probably won't find much love for the topic here but Zug, Switzerland is the archetype "crypto valley" now. Besides that, there's a lot of western cryptocurrency enthusiasts in South East Asia for many years now, at startup events there cryptocurrency is a painfully common topic that crowds out the scene a lot. So I'd also add Singapore and Bangkok to the list, locals seem to have embraced it quite a bit too, a s…

Could you spare more information on Costa Rica?

Re: Ask HN: What city is the center of crypto innovation?

#25

You probably won't find much love for the topic here but Zug, Switzerland is the archetype "crypto valley" now. Besides that, there's a lot of western cryptocurrency enthusiasts in South East Asia for many years now, at startup events there cryptocurrency is a painfully common topic that crowds out the scene a lot. So I'd also add Singapore and Bangkok to the list, locals seem to have embraced it quite a bit too, a s…

Any resources to follow developments in BKK?

Re: Ask HN: What city is the center of crypto innovation?

#26

As a side statement to people liking cryptocurrency, am I the only one who doesn't want a public ledger where everyone can track how much cryptocurrency I possess, spend, etc...

You're far from the only one. You have your choice of privacy preserving blockchains, including Beam, Firo, Grin, Monero, and Zcash.

Re: Ask HN: What city is the center of crypto innovation?

#27

Earlier quoted context omitted.

Your credit card provides you with credit , as the name implies. It's not an asset in itself.

My bank credit card is indeed tied to real assets... am i supposed to declare all my assets?

Your assets remain at home. If you start making $20,000 purchases or taking out that much from ATM's on holiday then yes it will be noted by the authorities in their system and treated just the same as money in a bag at the airport.
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