Jump to content
Sign in to follow this  
Guest

Irish adaption

Recommended Posts

Guest

So undoubtedly most of us have probably told friends and family about our investment. Have many of them gotten involved? Personally, I've told a good few, however only 3 or 4 have bought in. Most seem to have no interest in crypto apart from turning over a quick profit.

There was a panel on morning Ireland on rte radio 1 last Friday. I didn't hear it myself, but a friend told me there were a lot of curious phone calls to the show, most had no idea how Bitcoin works and were laughing at the idea of "magical Internet money". We'll more than likely have the last laugh as adaption seems to be far behind other countries. 

Have any of you ever used crypto as currency in Ireland yet?

Share this post


Link to post
Share on other sites
17 hours ago, Niall said:

So undoubtedly most of us have probably told friends and family about our investment. Have many of them gotten involved? Personally, I've told a good few, however only 3 or 4 have bought in. Most seem to have no interest in crypto apart from turning over a quick profit.

There was a panel on morning Ireland on rte radio 1 last Friday. I didn't hear it myself, but a friend told me there were a lot of curious phone calls to the show, most had no idea how Bitcoin works and were laughing at the idea of "magical Internet money". We'll more than likely have the last laugh as adaption seems to be far behind other countries. 

Have any of you ever used crypto as currency in Ireland yet?

No I have not and there's a absolutely massive opening for it!!! Imagine if you got the franchise for ripple in Ireland or started operating bitcoin ATMs . I'd throw money to start some sort of company to get this achieved

Share this post


Link to post
Share on other sites
Guest

As far as I'm aware there's only 2 Bitcoin Atm's in Ireland, one on Abbey St, and one on South William St, both in Dublin.

Yeah I've often thought of different crypto businesses that could do well in Ireland. On top of that, if any of you are involved in politics, it's import to lobby and inform your politicians on crypto, I am imagine most have no clue what they are. Ireland could position itself as an an innovator and base for global block chain businesses.

In fact, there is a European blockchain finance conference on this October in the Aviva.

Share this post


Link to post
Share on other sites

@Niall I know one Dundalk based start up, Gecko Governance, is built on blockchain technology. From my research I believe it is built on HyperLedger Fabric. 

Have not used crypto personally, but am addicted to it now in learning how it works. Was thinking of starting a blog about it - I find I learn better when I write something down to see if it makes sense! 

I have told a few about it and a few just say oh that's sounds interesting, but don't do anything about it. For some reason uploading a passport photo and utility bill throws people off! My dad and brother have invested. Looking to branch out to other coins at the moment, with small investments

Share this post


Link to post
Share on other sites
Guest

http://m.independent.ie/business/technology/bitcoins-exploding-value-whats-it-all-about-should-i-invest-and-is-it-just-a-bubble-36042729.html

Article about bitcoin in Irish independent today. Looks like it was written by someone who spent no more than 10 minutes researching bitcoin.

"By downloading a coin based app you can buy bitcoin"... She must have heard coinbase somewhere yet didn't even bother to research what it is. 

"The transaction must carry the digital signature of every bitcoin owner"..... what the hell does that mean? I'm a bitcoin owner, I didn't realise I have a digital version of my signature.

no mention of a wallet, she calls it "a bitcoin app".

This is extremely poor journalism and for the average joe, it will probably only alienate and confuse them about cryptos. It looks like Ireland still has a very long way to go before we see even minor adaption.  

Edited by Guest

Share this post


Link to post
Share on other sites
Sign in to follow this  

×