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Breaking News: Expert Predicts Bitcoin Price Could Fall To $45,000 By End Of 2026
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Breaking News: Expert Predicts Bitcoin Price Could Fall To $45,000 By End Of 2026

Poland Slated to Get Europe's First Bitcoin Embassy

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Last Updated: October 7, 2020 11:38 am
1 min read

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On Monday, May 12th, Poland will be slated to get what is being call Europe’s first Bitcoin Embassy in Warsaw in a move that shows the bitcoin community continues its rapid growth.

The Embassy, located at 46 Krucza Street in the city’s center will serve to both bring together bitcoin (and other crypto-currency) enthusiasts and to popularize the use of bitcoin in Poland.

Established by Maciej Ziółkowski and Piots Hetzig, the Embassy may just be the kickstart the bitcoin community in Poland needs to get bitcoin in the hands of more people.

The attempt to popularize this emerging new payment system involves educating the public and spreading the word. Something that sounds great on paper but may be difficult to execute in practice.

And if you were interested in knowing how the Embassy would be funded: it’s simple.

The embassy will be selling mining hardware, holding training sessions, and hosting conferences.

The concept for many in the community is a delightful one, but ether or not the project takes off remains to be seen.

So far, the idea of having a center dedicated to crypto-currencies has been well received, at least here in the United States.

With the opening of the Bitcoin Center NYC at the start of the year, the location has been a Mecca for crypto-enthusiasts from around New York City (and attracting visitors from around the world).

Paris, France has also been on the map, with recent news of the establishment of a European Bitcoin Center, dubbed ‘La Maison Du Bitcoin’.

What do you think of the idea?

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