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Topic: Countries that economically and bitcoin friendly - page 3. (Read 694 times)

sr. member
Activity: 980
Merit: 261
There were lots of bitcoin friendly country, if you will make a survey you will able to know what are those, personally here in my country bitcoin were not illegal at the same time it is not legal meaning it is nuetral, there are service provider businesses that operating here and has permit, in your list Philippines was not there.
jr. member
Activity: 518
Merit: 6
Maybe only Japan is soft country for using bitcoin or altcoin as payment system, other country still do not accepted bitcoin as payment and only could use for investment.
Or we can say that people in Japan are open minded and and really knows what's best for thier beloved country.
sr. member
Activity: 1492
Merit: 269
Maybe only Japan is soft country for using bitcoin or altcoin as payment system, other country still do not accepted bitcoin as payment and only could use for investment.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
First of all the list is very short but the wikipedia link gives more countries. If you look up on wikipedia about the type of legality
there are also levels, like fully supportive and behind bitcoin countries and there are ones that fully ban it but also there are countries in between those things, gray ones that have no legal laws that neither bans it nor supports it and there are ones that make it legal but doesn't support it and many more places like that.

So, you can't just say "legal" and move on, what type of legal and at what level of support does it see on those countries. About the Japan thing, if you think war makes golds go up but doesn't make bitcoin go up you are very wrong, a war makes your own national currency weaker and that means bitcoin will worth a lot more in your currency as well.
legendary
Activity: 3080
Merit: 1353
Where are the other two Tiger of Baltics?

Latvia/Lithuania - http://www.baltic-legal.com/blockchain-cryptocurrency-licence-eng.htm

Does Dubai ring a bell to everyone? They seems to be spearheading lots of crypto/blockchain activity as well. And someone mentioned Australia, yes, that's one friendly nation, it's the second country to adopt Bitcoin as form of money and payment.
full member
Activity: 466
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
Indeed, currently there are still very few countries that can be friendly to bitcoin, but I hope and maybe even in the future there will be more countries that accept bitcoin if we look at the development and popularity of bitcoin today.
legendary
Activity: 3206
Merit: 1213
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More countries can be added, based on the data upon which the listing is done on the opening post. These days almost every country has got lot of startups that were completely focused on the blockchain platform. Based on that data we cannot conclude those countries were bitcoin friendly. Majority of the countries stay neutral in this without any form of legal support or opposition to the usage of bitcoin and other cryptocurrencies. To me Japan and Estonia are the one that has perfectly bitcoin friendly.
member
Activity: 805
Merit: 26
Switzerland has a hundreds of blockchain startups. Don't you know that they are attempting to become a "crypto nation" according to Switzerland's economic minister. Aside from the fact that it is the one of the most competitive economies in the world it will not be surprising if one day they will dubbed as crypto nation.
legendary
Activity: 2170
Merit: 1427
Japanese oil tankers were attacked by missiles in Gulf of Oman. Japan people must buy Gold, if there is war.

Sell bitcoin. Buy Gold

You know that a lot of the physical Gold that governments are buying up is either coming in per ship or plane, right? It's an expensive and very time consuming process, where in most cases (specifically for that reason) the Gold that x country buys is stored in other countries, so they aren't even actually owning the Gold they have.

With some more momentum governments will start looking into Bitcoin too, but it might take a while because there are no billions of Bitcoin readily available, which are problems they don't have with Gold. Owning an asset is key with how custodians are an easy target for rogue governments. Don't own your private keys and physical Gold? You don't own these assets.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Here are  the list of top bitcoin friendly countries,
4.) Gibraltar
Facepalm.

Those are very few countries, where is Australia and South Korea?

Where is the Czech Republic, Prague is the city with most merchants accepting Bitcoin in the world,  where is Luxembourg and many more...
Mentioning Belarus, Bermuda and a non-country and forgetting about the ones with real crypto usage.
jr. member
Activity: 42
Merit: 2
Japanese oil tankers were attacked by missiles in Gulf of Oman. Japan people must buy Gold, if there is war.

Sell bitcoin. Buy Gold
hero member
Activity: 2842
Merit: 625
Those are very few countries, where is Australia and South Korea? the wikipedia article shows the countries that declared bitcoin as legal and illegal on their jurisdiction.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
jr. member
Activity: 518
Merit: 6
Here are  the list of top bitcoin friendly countries,
1.) Malta
2.) Bermuda
3.) Switzerland
4.) Gibraltar
5.) Slovenia
6.) Singapore
7.) Estonia
8.) Georgia
9.) Belarus
10.) Hong Kong
11.) Japan
12.) Germany

Visit link for details, and know the reasons behind
https://99bitcoins.com/bitcoin-friendly-countries/
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