Britain is home to an enthusiastic community of bitcoiners, but the UK as a whole is deeply ambivalent about the cryptocurrency. Whilst there are plenty of individuals who recognise the potential of bitcoin and are keen to explore its possibilities, the establishment – specifically the banks and the government – are rather more standoffish and uncertain. This conflict will likely both hamper bitcoin’s adoption in the UK and, paradoxically, fuel its rise as an unofficial currency. In January this year, London saw its first Satoshi Square event. Satoshi Square is an informal, outdoors face-to-face meet-up held on the edge of the City of London – the city’s wealthy financial district and, indeed, the world’s financial capital. Here, the narrow streets and picturesque buildings of
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