Bitcoin in Israel: Interview with Meni Rosenfeld and Ron Gross, Part 2

Although it has faded somewhat from the press in recent months, Israel remains one of the major hubs of the Bitcoin community worldwide. The country may only have a population of 8 million, but its technological and financial center, Tel Aviv, is home to three Bitcoin-accepting restaurants and a rapidly growing number of startups, and is arguably the birthplace of a Bitcoin technology that has seen a considerable amount of attention in the past few weeks: colored coins. The theoretical background behind the idea was developed with the help of Meni Rosenfeld, an Israeli mathematician who....

The Bitcoin community in Israel has made considerable waves over the past year. A meetup group that, one year ago, had less than twenty people attending every month, now has over sixty people attending every two weeks, with a record of over three hundred in April. The Israeli Bitcoin Facebook group recently grew to over 800 members, an impressive amount for a country of only eight million. Tel Aviv, a city of 410,000, has no less than three Bitcoin-accepting restaurants - a higher density than even that of Berlin. Finally, perhaps most importantly of all, Israel is know worldwide for being....

According to mathematician Meni Rosenfeld, Israel is a Bitcoin “forerunner.” With large numbers of users in the country, the number of startups and merchants continues to grow. Rosenfeld says: Among the list of Israel-based startups, Bits of Gold — in which Rosenfeld is an investor — GetGems and Polycoin lead adoption. “I think the Bitcoin community in Israel is more coherent than in many other places in the world, which can be attributed to the small size of the country. Everyone is in driving distance from anyone else, so its much easier to breed communities that actually meet up and....

CoinTelegraph reached out to a few Israeli Bitcoin startups to get an idea of the local ecosystem, and according to many, the country is a "forerunner." Mathematician Meni Rosenfeld said: Earlier this week, Blocktrail, a Bitcoin API provider, discovered a bug in BitGo’s security platform that causes Bitstamp's transaction data to be identifiable on the blockchain. "I think the Bitcoin community in Israel is more coherent than in many other places in the world, which can be attributed to the small size of the country. Everyone is in driving distance from anyone else, so its much easier to....

Inside Bitcoins Conference & Expo, the leading trade show for the fast-growing bitcoin and related cryptocurrency, will be launching in Israel later this month after successful events earlier this year in Berlin, New York, Hong Kong, Melbourne, London, and Las Vegas. From October 19-20, thought leaders, virtual currency experts and business visionaries will converge at Kfar Maccabiah Convention Center to lead a discussion on the first digital, decentralized, peer-to-peer based global currency.Whether you're a venture capitalist, lawyer, technologist, or entrepreneur, the conference....