Dubai financial cost-free zone to commit an additional $5 million into getting to be a worldwide Bitcoin and crypto hub
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Comments (9)
5 million, what is that? An investment for ants?
Let’s see them base their economy on Bitcoin then, instead of Emirati Dirhams.
Something about Dubai has always rubbed me the wrong way.
Its like someone was born into enormous wealth and thought “I want a city!” and built one and it attracted all the parasites you would expect.
Never been there so maybe I’m way off…
If they allow people and businesses to pay their taxes in bitcoin and/or if they set up a major bitcoin exchange there and/or if they export their oil and gas for bitcoin, we would know they are serious about being a major bitcoin center.
Why would a *decentralized*, distributed ledger need a *hub*?
Dubai is making Bitcoin moves!
Always suspicious when I hear “and crypto”
$5M investment? So they’re going to fund like, five tech startups?
5 million what a joke