11

Since their previous France and UK accounts were closed, both Mt. Gox and Intersango set up accounts in Poland.

Is there a specific reason why they chose Poland?

  • 2
    Any port in a storm? – Stephen Gornick Feb 11 '12 at 22:31
  • @StephenGornick the question stands: why Poland, and not any other nation, "happen" to be the port of choice in both occasions? – o0'. Feb 12 '12 at 17:58
5

As for Mt. Gox, they got their polish account when they bought up bitomat.pl, after it lost its private keys. They continue to support accounts from that other website, so they allow easy money transfers to that account (although it takes them a couple days to credit the account).

As for Intersango, I presume they might want to cater to that part of the market (bitomat was dealing solely in PLN and it was the third largest Bitcoin exchange at a time). It could also be related to the fact that poles often work in UK (where the exchange is located) and transfer their money back to Poland - wire transfers between countries are quite expensive, while sending Bitcoins is cheap.

2

Bitcoin Consultancy which operate the Intersango exchange was based out of Warsaw, Poland for many months and MtGox acquired Bitomat.pl.

  • Wasn't Intersango formerly called Britcoin and based in England? In any case the question still would stands: why "happened" that both the main exchanges were in Poland? Hardly happenstance (though, of course, is possible) – o0'. Feb 11 '12 at 23:46
  • For at least some of Britcoin's existence it was being run out of Warsaw, Poland. – Chris Moore Feb 12 '12 at 5:19
  • (btw, the question would still stand anyway: why did both bitomat and btc consultancy "happen" to be in Poland?) – o0'. Mar 27 '12 at 21:47

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.