Lost and forgotten Crypto capitals
From my perspective there are only certain capitals of crypto. I don't think it's a useful term for a lot of cities but only just for those who "influence" in a way the global market and the trading trend. So you'll not see cities like London, Paris or even Moscow, but other ones which gained their place at the market for their own special reasons.
Firstly, I would like to mention Berlin for obvious reasons if you're familiar with the global trends. The German capital developed a lot in this alternative financial sector of the world economy. The interest of the Germans was so great and innovative that thousands of startups were created within a decade, moving billions of dollars annually. Berlin has distinguished itself both in terms of overall capital and technology around the systematic progress of cryptocurrency and security-related cryptography. You rarely come across a place that combines both elements as it is required a high level of expertise and entrepreneurial spirit.
Dubai is another top destination high in the respective list. Many cryptocurrency investors choose Dubai as a place of residence as it provides them with tax exemptions on profits, a strong passport, connections in the crypto space and it's a fun city to live.
UAE has managed to build a friendly image around cryptocurrencies as it is one of the first countries to adopt positive practices for attracting cryptocurrency-related capital. The digital economy in general is a core subject of technological entrepreneurship in this Arab country.
America has taken the lead in the field for innovation and discovery as much as in the economic field. Therefore, even one US city couldn't be missing from the list. San Francisco has often been associated with tech companies since the early 2000s, especially in the digital age of our decade. As the city where most of the internet developments are happening, San Francisco had and still has enough restless minds that didn't let the opportunity go by and invested in encryption. Numerous crypto events take place in the city center almost every week.
Singapore has always been a strong stock market center in Asia. The small island nation's valuable contribution to the financial system as well as to shipping industry has been priceless in developing world trade and attracting foreign capital. It's one of the safest countries in the world and a catalyst for developments in the previous years around the upward trend at the cryptomarket; this country combines everything an investor needs. Singapore is also home to numerous cryptocurrencies operating in the DeFi environment and cybersecurity space.
South Korea is a questionable choice for some crypto investor, but Seoul is still a strong cryptocurrency center in today's world. Several companies are headquartered in Seoul as this offers the most opportunities to find employees with expertise in cryptography and crypto asset management. Nevertheless, the dominance of the city of Seoul is not a given in the future for several reasons.
Rio de Janeiro is often an attractive relaxing place to visit for many nouveau riche and a tropical paradise that blends every lifestyle. Cryptocurrencies are the ultimate get-rich-quick way, and many are looking for a relaxation haven, so it's no surprise that Brazil's most beautiful city existence in the list. There are still not enough companies involved in the development of cryptocurrencies, but it is certain that you will find people who have made millions by trading.
San Salvador is quite a different city from the rest capital cities as it doesn't offer luxury living and recently the city was cleansed of tens of thousands of criminals who held it under a peculiar hostage. But as the capital of El Salvador, it is leading this push for widespread use of bitcoin and other cryptocurrencies to decongest the recession plaguing the national currency. So this concerted effort to use cryptocurrencies for transactions is worth noting because it has never been done locally but scattered around the world.
