Topic: Best country for crypto - page 12. (Read 2229 times)

most Europe countries are cryptofriendly nation. binance one of the leading trading platform of the world now moved its company to Europe after China ban crypto and Japanese authority want some regulation of crpytocurrency in their country.

All european countries?

Digital money is quite rampant used by humans in various parts of the world, especially by people who often seek additional money via the internet. There are many kinds of digital currencies such as bitcoin, dogecoin, to litecoin. One of the most popular types of digital currencies today is bitcoin.

The presence of digital currency is still a controversy in some countries. As a result, the use of bitcoin in a country is not always accepted by its presence. However, no less too many countries that have legalized bitcoin as a currency. Here are six countries that have legalized bitcoin, ie

1. United States

At first bitcoin originated and developed in the United States. This is what makes the development of bitcoin him Uncle Sam's country much better when compared to other countries.

However, the use of bitcoin in the US is not too many in number that is about 25%. This use is mostly for online shopping payments. In fact, bitcoin can be used to pay for tuition and other bills.

The US government has made a special policy for tourists who will visit the region. Previously the only rule was to require checking social media accounts, but nowadays tourists are required to show their own digital currency. This new rule is shared by Sen Chuck Grassley. The law was introduced on May 25, 2017.

However, not all tourists who want to go to the US are required to show ownership of bitcoin. The thing that must be done is to report about ownership of digital money worth more than US $ 10,000 or equivalent Rp132, 9 million. This is to ensure the financial and security status of the tourist in the country.

This idea arises because the digital currency can be taken anywhere anytime without any physical form that must follow the owner and has been considered to be a valuable item. Bitcoin is very different from other currencies. Until now still not known clearly how the US to see someone from the value of digital currency amounting to hundreds of millions of dollars.

2. Japan

The Japanese government has authorized bitcoin as the legal currency for digital transactions. This endorsement is marked by the number of retailers who receive payments with bitcoins. The number of stores that receive digital payments with bitcoin has more than 4,500 outlets. Like the Nikkei that experienced a surge in transactions after working with bitcoin towards the end of 2017.

In fact, there is a camera store in Japan that only accepts payments with bitcoin and does not accept payments in other forms such as cash yen or visa / master. The purchase process at the store becomes very easy and fast without any additional fees charged by third parties.

Mai Fujimoto who earned the nickname as Miss Bitcoin argued that before bitcoin boom in Japan he always share information via Twitter or Instagram about the digital currency. In fact, he has started investing with bitcoin since 2011. According to him, at that time people still do not really understand about bitcoin.

He said that since the first time investing so far bitcoin exchange rate has experienced a surge of 500%. Of course this is a very large number.

Although bitcoin has been legalized as a legal currency in Japan, but according to Mai conventional currency such as Yen is still not replaced. This is due to the limitations of topcoat topcoats in Japan and it will take time for a layman to recognize bitcoin and understand the process of converting from conventional currency to bitcoin.

3. Denmark

Denmark is a highly technologically advanced country. Denmark is also the country most often campaigns and persuasion about the elimination of cash and replace it with digital currency. This is what makes this country legalize the use of bitcoi

The continent Europe is filled with great countries to start using Cryptocurrency. They have the most versatile countries and they do not abuse the use of Cryptocurrencies. But i guess this depends on what platform or what Cryptocurrency is being used at the moment. There are some good Cryptocurrencies that also depends on what place will they be implemented and used at.

Yes, I also saw a lot of ICO`s created there and quite successful ones, like Smart Containers and so one. And it’s a good place for investors too, so I would consider Switzerland as a very crypto-friendly country. But there are still a lot of countries, which are also quite good for it, like Denmark, Australia, Japan. So this list can be a long one.

If you are a miner then you will want to go to Norway because of cheap electricity there, If you want to trade then it is Swiss, but for me if you want to live and use crypto every day, then Japan will be the best because it is open to cryptonian.

wow that's great ood news because the world of crypto is increasingly useful for countries that want to wear it. This country is developing amazingly in all terms and the crypto acceptance wil make this country to a new level and Some countries are slowly opening up their market for blockchain technology and cryptocurrencies

So far best country for crypto is United State, they have allow bitcoin and cryptocurrency for making transaction, but there are on United State still not allowing for participated at ico project. They have afraid about ico was scam and loss their people money. Another country best for cryptocurrencuy is Japan, Japan have accepted bitcoin as their payment system after bitcoin was banned on China, right now many member of bitcoin from Japan.

Yes, Switzerland, Japan, Belize, Belarus, Estonia, Singapore, etc. I also heard that cayman island and British virgin island in Carribean and Malta.
You guys know that, Binance moved to Malta?  Yes. Malta opening doors. read this link.

Click here : http://blogdime.com/index.php?lang=en&p=motherblockchain&mod=blog_posts&id=295

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that's why the country became one of the countries that always make the project in this forum and I appreciate it. do not be surprised if the European country became one of the best blockchain technologists and innovations that have been given a variety. I hope my country can be like their country that crypto currency can be accessed and recognized by the government

Some times i heard that Switzerland is a bezt country for crypto. Because they strongly support to the development of the crypto.

I think there are lots of best countries for cryptocurrency, but definitely those countries are pure technological minded and uses those social network for their money, thats why those are countries like america, China, russia, Japan and european countries, but for me they should help the poor countries because using cryptocurreny can enhance and can improve the production of money in their own country thats why it is should be particular in countries that are lack of wealth.

I think it's swiss. Currently swiss really makes prosperous the users of cryptocurrency. If I want to take a vacation, I think swiss is the best choice because I can do something with my bitcoin. So this is certainly very helpful.

I saw the similar article few days ago. There was said that Switzerland release cryptocurrency industry from taxes till 2021.

yes you are right Switzerland is the best place to set up and develop cryptocurrency because I see a lot of ICO and many coin that successfully created from that country. so I chose Switzerland for a country suitable for cryptocurrency.

my favorite country for bitcoin still Switzerland and Japan.
Both of the government very open against cryptocurrency and blockchain technology.I think I am gonna move to one of them if someday my government ban cryptocurrency.

As I know Switzerland is the country will not be like the other countries that the government will really hate cryptocurrency. This is a country will really good that support a real currency. And it's a country that will have a hundred percent legalized through with bitcoin.

France and Estonia are the best countries in Europe that do not restrict its citizens from the use cryptocurrency. In these countries, buying crypto through banks is easily processed. Japan is also another country that makes crypto users comfortable.

I think Japan was the first country to open its doors to Bitcoin and is actually doing well. I just wonder how their govt get their taxes from Bitcoin payments..

yes i believe that swiss europe country the only one that can accommodate the money cryptocurrency and in asia there is japan no doubt to do bitcoin transactions