The Complete Guide To The Crypto Community in Barcelona (Bitcoin, Ether, Litecoin)
June 19, 2018
Are you interested in cryptocurrencies like bitcoin, ether, or litecoin? The crypto community in Barcelona is growing rapidly. Keep reading to find out about cryptocurrencies, bitcoin atms, and more.
You probably heard of Bitcoin, Ether, Monero, and other crypto currencies. After all, the 2018 crypto bubble made a couple of millionaires.
Heve you ever heard about HODL, buidl, moon or lambo? If so, you can skip the next section.
First Things First: What are Cryptocurrencies? 🙂
Cryptocurrencies refers to digital currencies, such as Bitcoin or Ether, that are generally build on a blockchain, a decentralised ledger.
Recommended Book: Cryptoassets
Cryptocurrencies are a dream for dreamers, traders, and anarchists alike. New and volatile, their growing importance is probably going to change the world of fintech and monetary policy.
Bitcoin, one of the first cryptocurrencies, was created by Satoshi Nakamoto, an anonymous software developer. Other famous cryptocurrencies include Litecoin, Ether, or Monero, among others.
Cryptocurrencies vary in their main purpose. Their primary function include store of value, a means of exchange, or rights to a certain business operation.
Some crypto currencies are usually referred to as tokens, especially regarding
In fact, some leading thinkers such as Naval Ravikant believe that the crypto world might take over the financial world in the next 20 years.
In this sense, the crypto & blockchain world is particularly attractive for software engineers, cryptographers, and startup people.
Currently, different countries are responding to their expansion with different attitudes. This crypto world has produced a phenomenon called ICOs – where a new coin is sold to new “investors” (gamblers).
As a consequence, the world of crypto currencies remains a mix of extreme nerds, traders, investors, and scam artists. Whatever you do in this field, remember that you really have to be careful: you can lose money.
Bitcoin Community in Barcelona
The majority of the Bitcoin Community in Barcelona hangs around the UPC (Polytechnic University) and the 22@ IT & startup district.
The high costs of electricity have made mining bitcoin in Barcelona (and Spain) unprofitable, yet, there are some amateurs running small rig operations.
The local community also has a Barcelona Bitcoin Meetup group, that features events on a regular basis.
Ethereum Community In Barcelona
Vitalik Buterin’s followers, the Ethereum community have a following in Barcelona.
There are some local and international blockchain developers in Barcelona. The scene is growing.
Altcoin Community in Barcelona
The community of altcoin developers and traders is thinner, but there are some miners and developers.
Crypto ATMs In Barcelona
Do you need to exchange bitcoin for fiat in Barcelona?
There are a number of Bitcoin ATMs in Barcelona.
Bitcoin ATM (Mallorca St.)
Do you participate in the Bitcoin ecosystem? What is your role?