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Topic: Most bitcoiner-friendly country? (Read 1296 times)

sr. member
Activity: 420
Merit: 250
October 24, 2013, 10:01:12 AM
#24
US have the most bitcoiner friendly country, just that the government isn't friendly Smiley
sr. member
Activity: 406
Merit: 250
October 24, 2013, 09:45:56 AM
#23
Most bitcoiner friendly! Not bitcoin friendly. We also want to enjoy our free lifestyle with some hot chicks in some warm weather with some spicy herbs!

yes in China you cannot do many things like this so need to be some other country for this post of most bitcoin friendly country  Cheesy
full member
Activity: 220
Merit: 100
October 23, 2013, 11:56:09 PM
#22
Most bitcoiner friendly! Not bitcoin friendly. We also want to enjoy our free lifestyle with some hot chicks in some warm weather with some spicy herbs!
sr. member
Activity: 322
Merit: 250
October 22, 2013, 10:08:34 AM
#21
China seems to be a good, but unexpected answer to your question. Bitcoin is getting really popular there, maybe even more than in the USA.

China, asian chick rocks Smiley
sr. member
Activity: 406
Merit: 250
October 22, 2013, 09:18:04 AM
#20
China seems to be a good, but unexpected answer to your question. Bitcoin is getting really popular there, maybe even more than in the USA.

They do all the chips and host the mines. Smiley
And they buy all of the Bitcoins Wink

no please don't do this if they have all bitcoins then I will again jobless and I am not in position to jobless again thanks China  Cheesy
b!z
legendary
Activity: 1582
Merit: 1010
October 22, 2013, 06:55:05 AM
#19
China seems to be a good, but unexpected answer to your question. Bitcoin is getting really popular there, maybe even more than in the USA.

They do all the chips and host the mines. Smiley
And they buy all of the Bitcoins Wink
legendary
Activity: 2786
Merit: 1031
October 21, 2013, 11:48:36 AM
#18
China seems to be a good, but unexpected answer to your question. Bitcoin is getting really popular there, maybe even more than in the USA.

They do all the chips and host the mines. Smiley
b!z
legendary
Activity: 1582
Merit: 1010
October 21, 2013, 08:22:54 AM
#17
China seems to be a good, but unexpected answer to your question. Bitcoin is getting really popular there, maybe even more than in the USA.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
October 20, 2013, 09:37:54 PM
#16
What about Australia, no body seems to care about the coin.

Australia ranks quite well in terms of the economic freedom index, it is true. (And they have women too! Grin ) Immigration control is a major albatross around the neck however, unless one already has either Australian or NZ citizenship.
sr. member
Activity: 420
Merit: 250
October 20, 2013, 08:12:47 PM
#15
What about Australia, no body seems to care about the coin.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
October 20, 2013, 07:31:47 PM
#14
I believe now all countries are Bitcoin friendly. So far they dont care and Bitcoin is not included in special laws. But these times will end after Bitcoin goes mainstream
Not totally sure about that. Wasn't there something about bitcoin being illegal in Thailand? And the US government seizing money from MT Gox means they're nosing around in bitcoin businesses rather than leaving them be. We'll see how the US ends up treating bitcoin down the road...

True about the US gov seizing Mt Gox's funds, but the Thailand stuff is FUD. However, a Thai bitcoin exchange shut up shop through fear of regulators. There is no specific piece of Thai law that says "bitcoin/crypto is illegal". (Disclaimer: IANAL)
hero member
Activity: 826
Merit: 508
October 20, 2013, 06:22:28 PM
#13
I believe now all countries are Bitcoin friendly. So far they dont care and Bitcoin is not included in special laws. But these times will end after Bitcoin goes mainstream
Not totally sure about that. Wasn't there something about bitcoin being illegal in Thailand? And the US government seizing money from MT Gox means they're nosing around in bitcoin businesses rather than leaving them be. We'll see how the US ends up treating bitcoin down the road...
full member
Activity: 143
Merit: 100
October 20, 2013, 04:32:58 PM
#12
I believe now all countries are Bitcoin friendly. So far they dont care and Bitcoin is not included in special laws. But these times will end after Bitcoin goes mainstream
full member
Activity: 154
Merit: 100
October 20, 2013, 04:23:44 PM
#11
In my opinion countries where they don't discuss it at all are the most friendly. Czech-republic for example. Smiley
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
October 20, 2013, 04:15:08 PM
#10
Panama is the most bitcoin friendly country and it has one of the best and lowest tax regimes in the world.

And it's the home of Crypto Financial (CFIG on Havelock).
legendary
Activity: 1018
Merit: 1000
October 20, 2013, 04:13:18 PM
#9
Panama is the most bitcoin friendly country and it has one of the best and lowest tax regimes in the world.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
October 20, 2013, 12:59:43 PM
#8
Yeah, the Caymans are well okay, similar goes for Anguilla. But the British West Indies are basically closed off to migrants, unless you're at least reasonably wealthy and get the prerequisite permits.

A societal concern for me with the Caribbean, speaking as a Jamaican, is the high rates of violent crime on most islands, especially homicide. I guess there is no easy solution to this chronic problem. As it happens, the Caymans, Barbados and Antigua/Barbuda have relatively low murder rates by West Indian standards (but are comparable to or higher than the US still).
full member
Activity: 220
Merit: 100
October 20, 2013, 12:47:21 PM
#7
Cayman Island looks pretty sweet:
http://en.wikipedia.org/wiki/Cayman_Islands
Quote
The Cayman Islands historically have been a tax-exempt destination. On 8 February 1794, the Caymanians rescued the crews of a group of ten merchant ships, including HMS Convert, an incident that has since become known as the Wreck of the Ten Sail. The ships had struck a reef and run aground during rough seas.[12] Legend has it that King George III rewarded the island with a promise never to introduce taxes as compensation for their generosity, as one of the ships carried a member of the King's own family, his son Prince William, Duke of Clarence and St Andrews. While this remains a popular legend, the story is not true.[13]

However, whatever the history, in practice the government of the Cayman Islands has always relied on indirect and not direct taxes. The islands have never levied income tax, capital gains tax, or any wealth tax, making them a popular tax haven.[14]
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
October 20, 2013, 12:41:14 PM
#6
If we're thinking only in terms of Bitcoin, then Canada, Germany, Iceland, Finland and maybe China (HK at least) look promising. Though these are just places with solid Bitcoin-using communities that have taken root for whatever reason. Bitcoin is actually stateless and global.

If you're considering individual liberties from statism and political corruption, and so on, unfortunately there are basically no free countries: everywhere is ruled in some way or other by states and banksters. Some people are drawn to parts of Latin America (e.g. Chile) because they perceive those to be places where to some degree the dysfunctional government doesn't totally interfere in anything, and if they do, you can easily pay your way around it. Chile isn't all that libertarian, though: they were ruled by an iron-fisted dictator not long ago, and they have a total ban on abortions without exception (AIUI), probably influenced by the Catholic church, and so on. Costa Rica looks okay but some foreigners there have complained about the bureaucracy. I think I'd probably prefer English-speaking places myself (I know a few languages but let's face it, English is a lot easier! Grin ), and most are police states that tax you for butt-scratching. Some British dependencies look appealing, but all or nearly all of them have closed-door immigration policies. Alderney and the Isle of Man are open to persons who can legally reside in the UK, just don't expect to have employment rights unless you're self-sufficient/self-employed. Their tax rates aren't that bad and there's no capital-gains tax. Their governments specifically try to promote e-commerce, especially online gaming. The speed limit on the Isle of Man is still "reasonable and prudent" outside towns, I believe, though I also hear that most Manx people drive "dog slow" anyway. Smiley Manx weather is pretty bad, LOL, that's the price you pay for the island's verdant beauties.

The USA and EU are both totalitarian empires, but the former has the bigger guns and army. Unfortunately, Germany and Finland are both in the EU. That leaves Iceland... yes, Iceland might be good for bitcoin mining with all that cheap geyser energy. Smiley
legendary
Activity: 947
Merit: 1042
Hamster ate my bitcoin
October 20, 2013, 12:38:37 PM
#5
I don't see the US giving up its exorbitant privilege without a fight.
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