Topic: Bitcoin Friendly countries - page 14. (Read 2248 times)

How do you say and what made you to say so? Give me some examples of countries who ruled by regimes and supporting crypto currencies more than democratic countries ?

This is really interesting thing but in the countries where political regimes are authoritarian, such countries are supporting cryptocurrencies even more than technically improved states do it.

I think the list countries are, Japan, USA, Nigeria, just to mention a few tho,... Check the rest up on google ..

Most of the countries I see listed have no full adoption for bitcoin, they are merely partial while some are considering to legislate on it. For instance, according to this thread, some states are looking at it in the U S lately https://bitcointalksearch.org/topic/--2966685

However, above all, it is Japan that has been positive about bitcoin. Japan was positive last year after China banned icos.

japan i am salute and make this for so that this can be able to make some way that they are now can use digital currency even now it can be done but unfortunately lack of taking some attention in bitcoin.

If you choose Europe, decisive factor should be input costs for mining, labour and regulation.
Below link can provide you with some useful info comparing different jurisdictions in terms of electricity cost.

http://ec.europa.eu/eurostat/statistics-explained/images/8/8c/Electricity_prices%2C_first_half_of_year%2C_2015-2017.png

The most friendly country with bitcoin is japan
because the Japanese have admitted bitcoin as the currency / legal payment in japan.
Many companies pay their employees using bitcoin.and also, japan is the biggest market of bitcoin
and hopefully this positive thing, will be followed by other countries

I would like to mention Switzerland. You can already buy train tickets there using cryptocurrencies as payment. When it comes up to money, the people in Switzerland know what they are doing. To me that shows that with cryptocurrencies we are on the right track!

Yes obviously Japan is the most friendly country for Bitcoin. one day Japan will remove fiat money completely in use and will adapt to digital money, Japanese nation is such an advanced nation for innovative movements.

I think the Japan government are holding a very friendly stance towards bitcoin, there are a lot of retail shops in Japan that are willing to accept bitcoin as payment for their goods and services, and the numbers of crypto-currencies exchanges that are operating in Japan is really amazing.

In Finland, the Central Board of Taxes has given bitcoin a value-added tax exempt status by classifying it as a financial service. Bitcoin is treated as a commodity in Finland and not as a currency. The Federal Public Service Finance of Belgium has also made bitcoin exempt from value added tax.

Yeap, I hope that more and more countries will legalize cryptocurrencies in some ways since it has many potential values to the users/investors. Keep reading on the news to update the trends in the new countries.

Philippines were just starting to adopt it, for now they are planning to include some restrictions or warns some to be aware how risky bitcoin can be, though little by little establishments and organization were planning to use blockchain technology like how Japan and Singapore did.

as i see japan is the number one big supporters of bitcoin also korea and rusia also in philippines and some part of europe coumtrys. actualy there more countrys that open in bitcoin and in the future more and more bitcoin will truely accept bitcoin.

almost all countries in the continent of Europe have received Bitcoin legally in their respective countries hopefully in the continent of another continent more and more countries are receiving bitcioin in the country.
if India and Russia have begun to accept Bitcoin, hopefully future countries in other continents such as Asia, America, Africa and Australia can also accept Bitcoin in the country legally

Japan. Definitely Japan. They practicality invented bitcoins. Of course, as the originator of bitcoins, they have the biggest support for bitcoins to date. As far as I know, Japan has actual ATMs for bitcoins. And you can freely transact and trade your bitcoins there for leisure and daily living.

Contrary to popular belief, there are a lot of countries in the world where their regulations on cryptocurrency usage especially bitcoin-afilliated activites is either light or they are in support to the industry. An example of the first one is Philippines, because type of business in this country is legal provided that you have the requirements before establishing, light regulations are given to bitcoin to ensure it wouldn't be used for criminal purposes. While an example of the latter is Russia whose government supports the cryptocurrency industry and even had setup banks that are specifically for bitcoin use.

Bitcoin friendly countries are the ones which do not regulate it too much)

I think Bitcoin can be a friend to all country. It's a matter of understanding the bitcoin. Maybe few countries may not friendly to bitcoin but I know someday  when they understand bitcoin they will.

Well lots of people have posted about countries that are legalizing it or approving it's usage for people or that bitcoin status has a legal status in some of them and such countries are hard to move to / live in my opinion especially if you don't know the language and living there might be expensive thus your investment and all the trouble you'll be going through won't be worth .

But i'm saying that because i do encourage you to aim for a "3rd world country" , especially in North Africa where a minority knows about bitcoins . Moreover governments are too busy with the "almost revolutions " and the wave of revolutionary demonstrations and all the protesting against their regimens or the prices increase that the government imposed in order to pay it's debts to the IMF (International Monetary Fund ) that have given millions of dollars to such countries as loans .

Such countries are too busy to even think about new technologies such as bitcoin and cryptocurrencies , in matter of fact their people in charge might not even know about it's existence and they won't for at least the 5 years to come .
Such countries are usually cheap to live in since the inflation rates are so high that a hotel room can cost you 5 dollars per night and electricity costs is ridiculously low if you're thinking of setting up a mining farm !

Such countries suffer from "brain drain" phenomenon and even if the elite ones of their population know about cryptos , i'm sure that they already left to other developed countries to improve their life quality , therefore going to such countries should be a very good move since it's still "crypto-virgin" lands .