Bitcoin-Friendly Denmark to Appoint First Digital Ambassador

The First Digital Ambassador

Anders Samuelsen

Building a cashless society and attracting investments from technology companies are Denmark’s primary objectives.

In this connection, Denmark might become the first country to appoint a special ambassador to represent Denmark’s interests to the world’s largest technology companies.

According to Politiken, the “digital ambassador” would deal with multinational technology giants like Google, Apple, and Microsoft. These corporations are now so large in terms of economic strength and influence that they surpass many of the countries where Denmark has traditional ambassadors.

“These companies have become a kind of new nation, and we have to deal with,” points out Samuelsen.

Building a Digital Future

For Denmark, being Bitcoin and technology friendly is proving to be beneficial. Denmark’s general good attitude toward technology is already giving dividends.

For example, Denmark is attracting significant investments from powerful corporations.

Facebook plans to establish a massive data center in the third-largest city Odense.  “The decision follows Apple’s billion DKK investment in a data center in Viborg in Western Denmark in 2015 and strengthens Denmark’s position as an attractive location for global data centers,” according to a publication from the Danish Ministry of Foreign Affairs.

“Facebook’s choice of Denmark is largely due to our effective and attractive business environment. Denmark has earned top international rankings – most recently as number six in Forbes’ 2016 “Best Country for Business,” says Minister for Industry, Business and Financial Affairs, Brian Mikkelsen.

“Now we should put our efforts into matching our business development to a still more digital future. Data centers are part of the way forward.”

Denmark is a Friend of Bitcoin

Denmark is recognized as an innovation leader in many areas, such as biotech, pharmaceutical sciences, IT, telecommunications, and design.

The country is also considered a frontrunner in financial technology. In this regard, Denmark is one of the top Bitcoin-friendly countries. It was one of the first countries to declare that Bitcoin trades were tax-free. Moreover, in March 2014, the Central Bank of the Kingdom of Denmark announced that the cryptocurrency was not money.

Anders Samuelsen is familiar to Bitcoin. His political party, the Liberal Alliance, accepts donations in bitcoins.

Additionally, in 2014, the Liberal Alliance was the first party to use Bitcoin’s blockchain technology in an internal election.

Building a Cashless Society

Denmark is leading the drive to eliminate cash altogether, and experts believe it might become be the first cashless society country.

Moreover, the Danish Central Bank is considering using blockchain to create a digital currency, E-Krone, to reduce transaction costs, especially on micropayments.

Denmark’s neighbors, Norway, Finland, and Sweden, are also heading towards a cashless society.

Social media and Internet companies’ power is becoming ever more pervasive, even in the realm of financial services.

Logically, tech companies have the expertise and means to make a substantial contribution to helping build a cashless society.

Denmark’s digital ambassador will certainly have to deal with technology corporations attracted to the country’s efforts to improve its business environment while advancing towards a cashless society.

In addition, the digital ambassador will need to bear in mind the virtues that Bitcoin offers to create an efficient, cheap, fast, secure, and frictionless payment system.

What do you think about the role that Bitcoin can play in building Denmark’s cashless society? Let us know in the comments below.


Images courtesy of Shutterstock and Ministry of Foreign Affairs of Denmark.

Source: https://news.bitcoin.com/bitcoin-friendly-denmark-appoint-first-digital-ambassador/

You may be interested

Buy Bitcoins in Europe With Bitmoney.eu
bitmoney.eu
shares319 views
bitmoney.eu
shares319 views

Buy Bitcoins in Europe With Bitmoney.eu

Brian Evans - Aug 10, 2017

Want to purchase bitcoins? Look no further! Buying bitcoins has never been easier, with Bitmoney.eu. Bitmoney.eu makes the process of buying Bitcoin easy and efficient, saving customers…

Goldman Sachs: ‘Real Dollars Are at Work’ in Cryptocurrency Markets
Bitcoin
shares398 views1
Bitcoin
shares398 views1

Goldman Sachs: ‘Real Dollars Are at Work’ in Cryptocurrency Markets

Brian Evans - Aug 10, 2017

Goldman Sachs has published a question-and-answer report focused on cryptocurrencies in which it suggests that clients should be keeping a closer eye on the market. According to…

Bitcoin’s Present Bubble Might Actually be the Beginning of Mainstream Adoption
Bitcoin
shares399 views
Bitcoin
shares399 views

Bitcoin’s Present Bubble Might Actually be the Beginning of Mainstream Adoption

Brian Evans - Aug 09, 2017

Bitcoin’s enthusiasts are torn between whether to celebrate Bitcoin’s arrival in the foothills of mass adoption, or to lament the upcoming burst that always happens with asset…

Most from this category

%d bloggers like this: