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Topic: Best Countries for Bitcoin Businesses - page 6. (Read 9776 times)

member
Activity: 336
Merit: 10
January 24, 2018, 02:12:45 AM
The best country for business about bitcoin is the United States of America; since the USA is the number one country in the whole world regards the economic performances
newbie
Activity: 10
Merit: 0
January 21, 2018, 01:36:17 PM
The best country who supports bitcoins alots in the company of bitcoins is the United States of America. 
United States of America (USA)  Holds the largest portion of investment in bitcoins and even in different electronic coins in the cryptocurrency. It is a good thing since USA is the number one country in terms of economy so all investors are assured that investing in bitcoin is pretty safe.


That's true 32% of users and investments in bitcoin are made by US citizens or those domiciled in the country. These investments include trading, wallet, payment, and bitcoin mining.
sr. member
Activity: 524
Merit: 258
January 21, 2018, 08:44:35 AM
The best country who supports bitcoins alots in the company of bitcoins is the United States of America. 
United States of America (USA)  Holds the largest portion of investment in bitcoins and even in different electronic coins in the cryptocurrency. It is a good thing since USA is the number one country in terms of economy so all investors are assured that investing in bitcoin is pretty safe.
jr. member
Activity: 84
Merit: 3
January 20, 2018, 08:34:53 AM
As we know about bitcoin first grown and developed in japan, even created by japanese people, and so far bitcoin used as one currency in japan and arranged by financial institution there, so I think japan is the best country for transaction or bitcoin business
member
Activity: 89
Merit: 10
January 20, 2018, 08:09:41 AM
Probably the island of Isle of Man will be fit to your criteria. This self-governing British Crown nation could be a true paradise for cryptocurrency's business.
http://www.newsbtc.com/2015/03/17/isle-man-set-become-official-bitcoin-island/

I've heard of this, but does anyone on here know the living costs of living there? I'm currently on a hunt to find a new refuge to move too... I'm tired of being in the U.S. and looking to move to a nice place to live, and being in a place that accepts bitcoin as a currency sounds like a good place to go too. I looked up some pictures of the place and it looks very nice. Does anyone else know of more information about here?
I think Belarus is right, in March the law on crypto-currencies https://lenta.ru/news/2017/12/22/bel_bitcoin/ for a period of 5 years will come into force. In brief: The decree does not imply any restrictions on operations for the creation, placement, storage, alienation, exchange of tokens, as well as the activities of crypto-exchanges and crypto platforms.
hero member
Activity: 3038
Merit: 634
January 20, 2018, 07:40:17 AM
I think best countries are Japan, china & USA for bitcoin business.
With China's regulation about cryptocurrencies it will not be a good idea anymore if someone wants to pursue his business on the said country. On Japan, it's a good place to produce more crypto related businesses but establishing a crypto gambling site there, base on their culture that will not be a good choice.

USA also have some issues with cryptocurrency but it's a big place to start crypto businesses there just make sure that you build it on the right state.
sr. member
Activity: 660
Merit: 250
January 19, 2018, 05:59:29 PM
I think the best countries for bitcoin are in CHINA,RUSSIA,JAPAN this 3 are my favorite country to put up a start up business especially if bitcoin is involve in topic where i know cryptocurrency is the major topic.
newbie
Activity: 33
Merit: 0
January 18, 2018, 05:59:27 PM
I think best countries are Japan, china & USA for bitcoin business.
hero member
Activity: 1778
Merit: 764
www.V.systems
January 18, 2018, 08:33:11 AM
What are the best countries in the world to start and run bitcoin businesses?  For example, crypto-equity exchanges, bitcoin gambling, sites like purse.io, etc.  Are there any like this that welcome these sort of businesses and can these businesses avoid scrutiny from foreign regulators or do they still have to comply with the regulations affecting their customers?  Thanks!

Years ago I created a similar thread that asked this very relevant question. Even in 2018 : The Switzerland of Bitcoin feel free to go through the topic and reinvigorate it if you think something's missing.
newbie
Activity: 11
Merit: 0
January 18, 2018, 04:26:51 AM
Indonesia is somehow good country for bitcoin businesses, government & bank central don't acknowledge bitcoin, but they let bitcoin-related business running.
They don't really care about bitcoin as long as you also accept fiat as payment method.

Yes it is true with a country with a lot of population and lack of livelihood so the government of Indonesia let bitcoin business walk with ease. although its status is Illegal. the rich get richer and the poor can work.
sr. member
Activity: 658
Merit: 282
January 17, 2018, 01:53:25 PM
...
Well, I'll never visit Paris so... Why do they hate crypto so much?

...

They don´t hate crypto so much. The problem is rather that the French economy
isn´t really that competitive and the state is constantly looking for new ways to raise
money in order to consolidate the finances of the state.

Besides, France has always been known as a high-tax country anyway. This isn´t
crypto-related, they are taxing everything comparably massively.
member
Activity: 140
Merit: 10
January 17, 2018, 03:57:35 AM
Btw, Quebec looks pretty good. National electricity company try to bring miners with cheap price. It could be a good area for crypto soon..

http://business.financialpost.com/technology/blockchain/chinese-bitcoin-miners-eye-sites-in-energy-rich-canada

full member
Activity: 294
Merit: 100
January 16, 2018, 02:03:31 PM
In my own opinion, the best country to do bitcoin business is the JAPAN. There all the bitcoin transaction and investment is great even buy and sell bitcoin because bitcoin was already accepted there.
Totally agree japan ,china,Korea ..Asia is the best contingent for bitcoin and altcoins growth .
newbie
Activity: 18
Merit: 0
January 16, 2018, 01:46:07 PM
Of course regulations determine how bitcoin will be the best or the worst investment in any country. It's a question of a national economic politics as a form of protecting its financial institutions or attracting investments from abroad. But we cannot actuate on market placer without minimum rules independent on which country we are investing. For sure some political economies, in its early form how dealing with bitcoins, are more affordable and much less red tape with this newest investment affair. Countries where USD value is many times more the value of its coins are a good option for exchanging cause the never ending arise of the foreign coin.
newbie
Activity: 85
Merit: 0
January 16, 2018, 06:45:57 AM
In my own opinion, the best country to do bitcoin business is the JAPAN. There all the bitcoin transaction and investment is great even buy and sell bitcoin because bitcoin was already accepted there.
member
Activity: 630
Merit: 24
January 15, 2018, 03:57:11 PM
I think 50% of Countries will have liberal approach about bitcoin Businesses very soon.As of today the cool situation is in Arizona state,In USA.They are trying to create Legislative initiative to pay taxes in bitcoin,Wich is a very progressive move and I hope majority of countries will share this initiative.Also Republic of Georgia,There are special economical free zones for Bitcoin businesses and Investors have very cheap electricity.So the doors are open for foreigner investors in this Country.
hero member
Activity: 1008
Merit: 505
January 13, 2018, 08:35:25 AM
So we have only 3 country in the world ? Japan, Australia & Belarus...

I live in Belarus and I want to say that our new Cryptocurrency Decree is the most loyal in the world.
Starting from March 2018, belarusian citizens will not pay taxes for mining, exchanging, buying crypto.

But the most interesting part is cryptobusiness. Becoming a part of HighTechPark, cryptocompany WILL NOT pay income tax, VAT and many other taxes. It's the best place for ICOs, exchanges etc. Of course, you should become a part of HighTechPark - you need to have strong business plan, administration will look at it in a month and you will get the answer (yes or no). If you are working business or you have great technologies, you have great chances!

Also I want to say, that opening company and living here is very cheap. Average salary in IT is around 1700$. So, even if for example Japan will have the same loyal laws, Belarus will be still at the top.  

I see a lot of companies from different countries who are interested in it, law firms are full of questions. And if you have any questions, I can answer it in direct, I have connections with IT-lawyers and HTP representatives. Good luck for all of you!

Thank you for the additional information. On the other hand, I guess you have to be a resident of the country to open up your business and take advantage of this generous taxation. The problem is that the country is very cold.
I'll PM you.
member
Activity: 411
Merit: 19
January 13, 2018, 03:14:05 AM
So we have only 3 country in the world ? Japan, Australia & Belarus...

I live in Belarus and I want to say that our new Cryptocurrency Decree is the most loyal in the world.
Starting from March 2018, belarusian citizens will not pay taxes for mining, exchanging, buying crypto.

But the most interesting part is cryptobusiness. Becoming a part of HighTechPark, cryptocompany WILL NOT pay income tax, VAT and many other taxes. It's the best place for ICOs, exchanges etc. Of course, you should become a part of HighTechPark - you need to have strong business plan, administration will look at it in a month and you will get the answer (yes or no). If you are working business or you have great technologies, you have great chances!

Also I want to say, that opening company and living here is very cheap. Average salary in IT is around 1700$. So, even if for example Japan will have the same loyal laws, Belarus will be still at the top. 

I see a lot of companies from different countries who are interested in it, law firms are full of questions. And if you have any questions, I can answer it in direct, I have connections with IT-lawyers and HTP representatives. Good luck for all of you!
member
Activity: 140
Merit: 10
January 08, 2018, 11:58:49 AM
that's real.. There is a full topic to find solutions to avoid this...

No English article for crypto but you can look this article, 11.4 / share section. Its considered like shares so it's included in your personal revenu like work in progressive basis  (0 to 45%) + social cotisation of 16%.

There are some update with new president on tax for 2018, but we dont know if crypto will be included..

https://www.french-property.com/guides/france/finance-taxation/taxation/capital-gains-tax/shares/


Well, I'll never visit Paris so... Why do they hate crypto so much?

So we have only 3 country in the world ? Japan, Australia & Belarus...

They hate financial investors not just crypto Grin
As I said, there are some new updates for financial investors... Hope it will change !




 
member
Activity: 139
Merit: 10
January 07, 2018, 03:38:16 PM
Japan is one of the friendliest countries on earth towards Bitcoin and cryptocurrencies in general. Japan is one of the biggest trading hubs on earth concentrating lot of the cryptocurrency trading volume.

... perhaps, countries are considered by the criterion, where the largest number of crypto-exchange exchanges?
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