Slovenia - The Crypto Country | Bitcoin.com Documentary

Every crypto enthusiast knows that, even though crypto transactions are fast and cheap, it is still hard to leave fiat currencies. Behind. Blockchain based payments are still a novelty and it's, not easy to find merchants who accept crypto.

. However, if you look at a map that shows all the BCH accepting merchants, there is one country in Europe that pops out, above all, the others, Slovenia, The two million strong ex-Yugoslavian state, is located in the heart of Europe and it's.

A thing of beauty., The capital Ljubljana has a population of less than 300,000.. Despite its size, the city offers more places to pay with Bitcoin Cash than the entire US., But why are cryptocurrencies so successful in Slovenia? How did this country become one of Europe's? Most prospering blockchain centers.

Slovenia has been a pioneer in exploiting blockchain technology for years, and this endeavor is strongly supported by the highest level of local politics.. The situation in Slovenia is actually very positive.

. The country and the government is very loose towards the cryptocurrency, and you know it's. It's, legal to possess and trade cryptocurrencies.. The capital income from cryptocurrency is not subject to income taxation for individuals, which makes the country particularly attractive to entrepreneurs in the industry.

Legislators have a pivotal role in the creation of a blockchain friendly environment.. In addition, the local government is constantly studying which administrative areas could use blockchain technology.

, Even the Ex-Primeminister Minister, dr. Miro Cerrar, spoke about his government's, intention of using blockchain in administration.. This legislative support offers an incentive to entrepreneurs. Thus, Slovenia has numerous companies and startups in the blockchain industry.

. Some of the best examples are Origin. Trail, Viberate and Eligma.. Origin Trail helps to bring transparency to international supply chain, while Viberate is focused on creating the world's biggest curated live music database with over 500,000 events using blockchain.

, And then there is Eligma.. The company is building a smart commerce platform to create a unique shopping experience by using cryptocurrencies and AI technology.. Eligma has developed Elipay a transaction system that enables in shop purchases with Bitcoin cash Bitcoin, Core Ether and the ELI token.

Elipay is the single biggest reason. Slovenian merchants accept crypto at an unprecedentedly high rate., Especially in Ljubljana, where a shopping center called BTC city is committed to be a functioning test lab for crypto payments.

With it's 500 stores. It is amongst the biggest shopping complexes in Europe and about a hundred of those stores offer in shop crypto payments through Elipay. And who could be better to test it than Roger Ver.

I think Slovenia can win the world's, attention and build some world-changing businesses right here., Like the fact that there's, so many people and businesses accepting Bitcoin Cash and cryptocurrency using Elipay.

That's, a big deal because cryptocurrencies are the future.. These kind of projects carry an important message for the crypto industry. Cryptocurrencies have usability beyond trading and are here to stay.

. I think the entire point of cryptocurrency was preferred to be used as a currency. That means to buy and sell and pay for things around the world.. According to BTC City, there is a growing trend in usage and the number of Elipay wallet users already exceed 15,000.

. The Elipay system now accepts payments from the Bitcoin.com Wallet application, allowing the owners of the more than four million user generated wallets to make purchases in-store. There's too many things to choose from I don't even know what to buy.

. Following the launch of the Elipay system in 2018, even the ex-Prime Minister Miro Cerar was invited by the Secretary of State for a coffee he purchased with Bitcoin.. So the Prime Minister came to see what Bitcoin City is and one of the things was we immediately installed for them Elipay on the phone and we gave him some crypto and he said so well now.

Can I pay You know, can I pay for the coffee that we just drank And we said yeah sure you can., So he took the phone, he went he paid and he actually made the first transaction over there in that restaurant and it was really awesome because, If the Prime Minister understands what's, the purpose, then we all you know, are winning.

. The scene was also symbolic. It showed a future when paying with Bitcoin will be as common as paying with a credit card.. I think we & # 39. Ll see tens or even hundreds of thousands of physical shops accepting Bitcoin Cash in the not-too-distant future, because the work of companies like Elipay and others.

Right now, Slovenia is a forerunner of a world where crypto only living isn't just a utopia, but An available alternative. Just yesterday, we went to the very first business in all Croatia to start accepting Bitcoin Cash using Elipay and that's.

The first of hundreds of businesses that are about to be rolled out in Croatia, thanks to the Elipay team, and it's, gonna spread from there to the rest of the world., Whether the country becomes a stronghold for blockchain and cryptocurrencies, is yet To be seen, but nothing shows Slovenia's, enthusiasm more than the fact that it is probably the only country with a monument dedicated to Bitcoin.

. Every crypto enthusiast knows that, even though crypto transactions are fast and cheap, it is still hard to leave fiat currencies behind. Blockchain based payments are still a novelty and it's, not easy to find merchants who accept crypto.

However, if you look at a map that shows all the BCH accepting merchants, there is one country in Europe that pops out, above all the others, Slovenia, the two million strong ex Yugoslavian state, is located in the heart of Europe and it's.

A thing of beauty, the capital Ljubljana has a population of less than 300,000. Despite its size, the city offers more places to pay with Bitcoin cash than the entire US, but why are crypto currencies so successful in Slovenia? How did this country become one of Europe's? Most prospering blockchain centers.

Slovenia has been a pioneer in exploiting blockchain technology for years, and this endeavor is strongly supported by the highest level of local politics. The situation in Slovenia is actually very positive.

The country in the government is very loose towards the cryptocurrency, and we, you know it's. It's, legal to possess and trade cryptocurrencies. The capital income from cryptocurrency is not subject to income taxation for individuals, which makes the country particularly attractive to entrepreneurs in the industry.

Legislators have a pivotal role in the creation of a blockchain friendly environment. In addition, the local government is constantly studying which administrative areas could use blockchain technology, even the X Prime Minister, dr.

Moreau cerrar, spoke about his government's, intention of using blockchain in administration sadena. The novice lavigny is recurrent nefarious religion for dat key suspicion. Upon roadshow, blockchain technology, real in situ DT got ta, be impressed post, a very neat regulatory to the brown yo creo de Lavanya, the bowdabra, who, sir, this legislative support, offers an incentive to entrepreneurs.

Thus, Slovenia has numerous companies and startups in the blockchain industry. Some of the best examples are origin, trail, vibrates and Alima origin trail helps to bring transparency to international supply chain, while vibrate is focused on creating the world's biggest curated live music database with over 500,000 events using blockchain, and then there is a League mob, the company is building a smart commerce platform to create a unique shopping experience by using crypto currencies and AI technology.

Alig m & # 39, a has developed le pay, a transaction system that enables in shop purchases with Bitcoin cash, Bitcoin ether and the le token le pay is the single biggest reasons. Mobi nian merchants accept crypto at an unprecedented lehigh rate, especially in ljubljana, where a shopping center called BTC city is committed to be a functioning test lab for crypto payments with its 500 store.

It is amongst the biggest shopping complexes in Europe and about a hundred of those stores offer in shop crypto payments through le pay and who could be better to test it than Roger ver. The pink Slovenian would win the world's, attention and build some general world-changing businesses right here, like the fact that there's, so many people and businesses accepting the coin cash and uh and cryptocurrency using le pay.

That's, a big deal because cryptocurrencies are the future. These kind of projects carry an important message for the crypto industry. Crypto currencies have usability beyond trading and are here to stay.

I think the entire point of cryptocurrency was preferred to be used as a currency Edmonds to buy and sell and pay for things around the world. According to BTC City, there is a growing trend in usage and the number of le paid wallet users already exceed 15,000.

The le Pay system now accepts payments from the Bitcoin comm Wallet application, allowing the owners of the more than four million user generated wallets to make purchases in store there's too many things to choose from I don't even know What to buy following the launch of the le paste system in 2018, even the ex Prime Minister, Miro cerrar, was invited by the Secretary of State for a coffee he purchased with Bitcoin.

So the Prime Minister came to see what bitcoin city is and one of the things was we immediately style for them le pay on the on the phone, and we gave him some crypto and he said so. When how can I pay you know? Can I pay for the coffee that we just drank and we said yeah sure you can so he took the phone, he went he paid and he actually made the first transaction over there in that in that restaurant and it was really awesome because if the Prime Minister understand what's, the purpose that then we all you know are winning the scene was also symbolic.

It showed a future when paying with Bitcoin will be as common as paying with a credit card. I think we'll, see tens or even hundreds of thousands of physical shops accepting Bitcoin cash in the not-too-distant future, because the work of companies like le pay and others right now.

Slovenia is a forerunner of a world where crypto only living isn't just a utopia, but an available alternative. Just yesterday we went to the very first business in all Croatia to start accepting Bitcoin cash using la pay and that's.

The first of hundreds of businesses that are about to be rolled out in Croatia thanks to a leap, a team and it's, gonna spread from there to the rest of the world. Whether the country becomes a stronghold for blockchain and crypto currencies is yet to be seen, but nothing shows slovenia's, enthusiasm more than the fact that it is probably the only country with a monument dedicated to Bitcoin