Houston Bitcoin Embassy Opens, Home to the Texas Coinitiative

Another physical abode for digital currency has opened its doors, this time in Houston, Texas.

The Houston Bitcoin Embassy will be home to the "Texas Coinitiative", a nonprofit organization promoting Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term in the state. Indeed, the embassy's site's branding and URL are themed around the organization.

The embassy offers similar amenities as several other such hubs already in operation, including a co-working space for startups. Hosted on the premises are the Houston Bitcoin meetup, an Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term meetup and occasional speakers.

There are also plans to install a bitcoin ATM by the end of April.

Adam Richard, president and co-founder of the Texas Coinitiative, said that Bitcoin still has yet to catch on in the city and the embassy is going to try to help change that.

The embassy is currently looking for sponsors and has several vacancies in its co-working space.

Texas has emerged as one of the more popular states for Bitcoin, although Austin is by far most deserving of the title as he state's Bitcoin capital. It has been the center for much industry activity, including the ongoing Texas Bitcoin Conference. Republican congressman Steve Stockman has been a vocal advocate of Bitcoin and has drafted bills that would support its use.