Topic: BitCoin Friendly Countries - page 8. (Read 12662 times)

Japan was regulated bitcoin by financial service agency. DMM, this big business in japan was accept bitcoin to be payment system for all their product and service. A city in Swiss called Zug was adopt bitcoin as payment system too. Other city like new york is did it to by create bitlisence. Microsoft, rakuten, overstock and time inc was  accpet bitcoin. Those is a few bitcoin friendly country.

i agree with you that USA is the largest amount of bitcoin accepting because everyone know about bitcoin and bitcoin is very popular in USA and they sure that bitcoin will be future currency.

I see no. It's just that bitcoin is not in their priority list but of course it's already on hand by the PH BSP.

Much better if we remove those "think" since it might mislead the others. The post is general.


Few sites since it's not direct payment bur rather with the use of third party. Local exchangers in the PH have many services offered so that people can use their bitcoin in various ways. That is one of the reason why people at least got an idea about bitcoin. Also some local exchangers doesn't focusing much on bitcoin services that's why people has another reason to use that exchanger resulting for bitcoin introduction then eventually an adaption.

You know the stats of those PH people joined MLM companies? If yes then you should realized that it isn't the one why bitcoin is blooming in the PH.

Well I belong to bitcoin loving country i am really fortunate to have such understanding government but still I shouldn't hope much otherwise all my money would go in water.

I think the reason why this government is not taking advantage of bitcoin to improve their economy because it is against their centralized ideology.  Government want to have control on everything and they will be having a problem to control bitcoin.

Well I think bitcoin in the Philippines is still in its infancy stage.  There are only few sites that accept bitcoin.  If it is booming in the Philippines maybe because of some MLM company that taken advantage of bitcoin popularity / trend  to bait their members.  

Well same here that bitcoins here are friendly because we have also company locally that actually a building that we can found it live here and some Bitcoin ATM.. and i think more adoption will come with bitcoin that we can use also in some stores to spend bitcoin..

It's weird how if you live in a country that is bitcoin friendly already you have this notion that most if not all other countries are that way too.

I am happy because my country is bitcoin friendly and our government carrying out research on blockchain technology and may be government would adopt such system in banking system also because it's highly secure.

currently very much accept bitcoin very well. US, China, Brazil, and many other countries that accept bitcoin well. Well, they actually use bitcoin well. they can develop a number of bitcoin they have with the investment, trading and another interesting way. Well, I think that one day all nations will accept bitcoin well either as a means of transaction or as an investment tool

apart from the law that doesn't negate the use of bitcoin most of the factors are from technology improved environment

Good news come from African countries, several of them will consider bitcoin regulation like Uganda. In the middle east Dubai government will regulate bitcoin. Bitcoin spreads all over the world.

you gotta admit that they have too much restriction there, this is not what i calla  friednly country, and also their transaction are to heavy controlled and taxed, european are more friendly because they exempted bitcoin from vat at least

EY Switzerland will become the first company in the world to accept Bitcoin.

Formerly known as Ernst & Young, announced the professional services firm through a press release on Friday that it would integrate Bitcoin as part of a broader digitization process. All EY Switzerland employees will be issued Bitcoin Portfolio through a customized portfolio application. It will also be a two-way public access Bitcoin ATM at its headquarters in Zurich.

As pointed out by CEO EY Switzerland Marcel Stalder, the pro-Bitcoin push is necessary for its activities and its employees are familiar with block chain technology, which is likely to dominate to control the future of the financial sector, We are not only talking about digitization, but actively pursuing this process in collaboration with our employees and customers. It is important for us that everyone is on board and is preparing to leave the game up to take the business through block chains, intelligent contracts and digital currencies Blocks chains develop a very fast technology that can alter The revolution of many sectors. In the role of Switzerland as an important financial and industrial center and its development and promote as a digital hub, it is essential that it is a pioneer in this field.
EY is the third of the four largest accounting firms in the world, also known as the "Big Four", which also has Deloitte, PricewaterhouseCoopers and KPMG.
Switzerland is becoming a hub of digital innovation

This latest integration by a large company serves to strengthen Switzerland's reputation as a chain-friendly Block nation. At CFF ticket dispensers station across the country, customers can buy Bitcoin to complete their portfolios. The city of Zug, in the famous "Crypto Valley", home to the startups-based chain-several blocks, Bitcoin will be payments to the city to accept the service through the rest of this year as part of a Trial to test digital currency. "Earlier this year, the Swiss Parliament moved to block the deregulation startups chain from exempting them from strict financial disclosure laws and stimulating innovation.

Switzerland long maintained a reputation as the global center of financial privacy due to legendary bank secrecy. With Bitcoin to adopt in order to maintain a competitive advantage in the industry, the next wave of financial privacy after Swiss bank accounts, give meaning to Switzerland's financial services to advanced technology.
The races of the financial world towards digitization, motivated by Bitcoin

The success of Bitcoin, the great pioneer of the Block chain technology, has a great push towards digitizing the global financial impulse. Several countries, including Ukraine, South Korea and Tunisia, have all started plans to introduce digital money. Senegal has joined the ranks of sporting nations a digital currency, and could soon be followed by many other African countries. The IMF predicts that probably start using digital currency within five years, banks around the world.

Unfortunately on my country (Indonesia) the bitcoins is not too popular and the usage of bitcoins is just for investing are like trading bitcoin to fiat, trading altcoins and saving the assets. But i am sure by the time there are many people use bitcoin on their life. Indonesian government can be called bitcoin friendly because of there are no banning usage of bitcoins.

i think china is became bitcoin legal for transaction in mall or store etc.. and most user
i hope in indonesian legal too , not only to income

We are going to that direction, in the future there's an improvement as everything can be done in the internet including our business so the government will certainly made laws to improve our infrastructures and that includes free internet for everyone.

Actually, most of those that accept bitcoin are processed thru a exchange, that means they are not really accepting bitcoin, but the exchange process it so they will receive fiat. Except for those individuals who are making their online business like selling VPNs are the ones really accept bitcoin as it is.  Internet connection nowadays is not a problem, speed, it is a bit attainable now compared to before, that means we are atleast improving. The only downside to that is the price, and of course the Fair usage policy. But, that's true, bitcoin is not illegal here and I think not yet legal, as there is no law against it or in favor of its existence in the country.

Definitely. Philippines is also a bitcoin friendly country for many Filipinos are now using bitcoin and many entities here accept bitcoin payments. But the only thing is the internet connection speed, as you said, is being the issue for the rise of bitcoin transactions here in our country. Only if there would be a fast connection and a free wifi in every streets of the Philippines, I guess bitcoin usage would be popular to many Filipinos since we are easily adopting the current trends in technology.

US, philipines and nigeria almost those country have most number of bitcoin users. They use it and any inventment site and paying bills and buying goods using bitcoin.

Many of countries here in the bitcoin but in my opinion US is the main country of the bitcoin who accept .
China is also a big country who is using bitcoin in very high scale . China is popular for bitcoin mining also because the cost of electricity is very low so mining is here more profitable .