Topic: Countries that economically and bitcoin friendly (Read 694 times)

Maybe Satoshi is from there LOL, just kidding. It is amazing at rate which Japan supported cryptocurrency, Japan is known and respected to be producers of quality products compared to china, and for Japan to have supported cryptocurrency, they must have seen some quality stuff in it, and if Japan can wholeheartedly accept crypto, and it has not affected them in any wrong way, then I don’t know what is holding China back.

I believe japan will be the one to set a very good example for other Asian countries as regards the adoption of cryptocurrency. I have not seen any form of regulation from Japan on crypto, but yet they are still behind it, so why are other great countries like Japan being threatened, or could it be that they have some hidden agendas, that crypto could expose?

Yes, the country is a country that is friendly to Bitcoin.  And now more and more countries are friendly to Bitcoin like the Philippines and Vietnam, the two countries in Southeast Asia are also very friendly to Bitcoin, and those that are developing are Indonesia and Malaysia, they are also starting to show their interest and openness to Bitcoin and Cryptocurrency.

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These countries will also be kind of an example, there have been some before and countries which that saw others support crypto get taxes and support and economical positivity from it also replicated the same laws and the numbers grew but the more is merrier and it is harder to get from 1 to 2 countries but easier to go from 50 to 51 so the more countries there are the more countries will start to support as well.

Maybe china will not get supportive all of a sudden that is for sure and maybe Russia will become even more crypto friendly but in the end there are still some places that have neither banning of crypto nor supporting of crypto and we should focus on those countries that may see these ones as example and make changes to their laws to get some advantages as well.

Japan is the best countries have more contributed for bitcoin and altcoin, always give positive respond and feed back for bitcoin become more profitable digital e currency payment for the future.

U.S, we are not talking about countries with crypto friendly citizens, the OP is talking about countries that their government is friendly with cryptocurrency and United State is the worst to mention here. If it was possible for United State to declare Satoshi wanted, I am sure they would have done so for the hatred that they have for cryptocurrency, the same way India hates crypto too.

The only thing that is just stopping United State from having any authority over cryptocurrency is because it has become a global thing, and also because the cryptocurrency, most especially Bitcoin has a technology that can never be controlled, stopped or damaged by any third party.

I think the country is not too influential if you only have Bitcoin and then use it as additional income (of course to always be quiet to use it). However, if there is a Blockchain / Cryptocurrency event I think that will have enough influence. That is why several annual events such as the Blockchain Summit are held in the countries on the list

if in that country bitcoin is legalized and there are many merchants that accept payments with bitcoin, then it can be called bitcoin friendly. many countries still prohibit the use of bitcoin, either only rules or already at the stage of user capture, fortunately in my country it is not that tight, but it cannot be said to be bitcoin friendly also.

I don't know where did this list came from. Or what statistics and sources did the person who made this based his judgment. But I can tell that there is a lot of countries that are more deserving on the top list for being friendly in bitcoin. Switzerland must be on the top 1 of the list since they are actually trying to become a crypto-currency and fiat free nation. Their startup companies are really great since almost all of their startup tech companies are blockchain.

These central banks are the ones advising the government wrongly about cryptocurrency, and reason is because the issue of cryptocurrency affects the work of banks and also threatens their existence a bit, but it does not jeopardize the development of the economy in anyway.

Those countries that are cryptocurrency friendly could testify to that fact that there economy have never dwindled ever since they introduce crypto to their country but rather have increased their economy to a certain percentage. Moreover, this is 10 years that Bitcoin has been in existence, there is not country that have ever seen any negative effect on their economy, I don’t know why some countries are not just friendly with it.

Wow, that is a good step, if we have all these great countries adopting cryptocurrency within 10 years, then we should expect double of it in another 5 years’ time. Although these countries are small but they all have well developed economy, so if countries with very good economy can adopt it, I wonder why countries with large economy has not adopted the crypto and used it as an advantage to boost their economy.

Looking at the situation of things around, seems large countries are more threatened which they have shown their disapproval through some of their actions, you see U.S not approving operation of Bittrex in new york, Indian proposing 10 jail term for users and china banning miners, but yet crypto is still growing, these countries will eventually be the ones to loose at the end.

That lists is very short there's still more countries that are bitcoin friendly and one is my own country which is Philippines. Third world countries are open to cryptocurrency because it has a good potential to boost their economy, it opens a lot of businesses as well as works for their native people.

The countries in the list may be the ones that are openly allowed bitcoin to be use by their people but there are other countries where bitcoin are also allowed to be use in any transaction. Some countries in Asia aside from Singapore, Hongkong and Japan are also allows bitcoin and other cryptocurrencies to be use by their citizens in their investments and other transactions.

Sooner, theres a lot of countries we have seen on this list will be added. I think if they see and read this some other countries convincing also. I cannot believe that why is that Japan, Russia and Philippines are not belong on the list.

I also agree that Japan is a bitcoin friendly country because Japan itself has a lot of real adoption of blockchain technology, especially bitcoin. Maybe Japan is not as famous as bitcoin news in America, but I know this country is a country that has the most contribution to the development of blockchain, especially satoshi is claimed to come from this country.

and for Estonia I am not very sure and know a lot about this country, maybe a lot of ICO projects were launched from this country throughout the years 2017-2018. But I prefer Switzerland as the second country after Japan.

They won't, but one thing is sure, they want to take advantage of the trend and get profit while it is hot and booming so they will accept it as mode of payment or as a digital asset and encourage start-ups to in their jurisdiction.  More start-ups, more job, more taxes and more income for the government.  It is a mutualism effect where both party flourish.  Though I wonder other government cannot see this kind of relationship and thus they are hostile to Bitcoin to the point  proposing of 10-year jail to  those who are using it.

I do not see the United States on the list. This is the country, where the majority of Bitcoin and crypto holders live. Only statistically, over 12 % of the USA residents hold cryptocurrencies. And they manage to make money on it.

Yes, indeed. I expected to see Philippines on the list upon reading the title. Turns out, it wasn't there. But, with all the efforts of the Philippine Government to engage in crypto-based and crypto-related companies, plus the merchants and crypto exchanges, it can really be part of that list.


Really? Wow. I did not know that 'til now. Senator Manny is really making his name in every aspect. Cool.

There are not many countries that are friendly to Bitcoin at the moment, in some countries they have not fully recognized the existence of Bitcoin. It is the hope of all of us when this digital currency technology is recognized globally in various countries.

Malta is the first place and good for thay country, again my country Philippines will not list in the top 12 but my country is I think bitcoin friendly because the bitcoin population user here extremely growing.

We have support by BSP and banks will want to create their own coin and many exchanger and mobile wallets and even the other store accepts the bitcoin.