Most crypto friendly countries in Europe - page 7.

sunX3

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Quote from: Boi qaaf on April 10, 2018, 01:04:43 AM

Yes, you are right. The have started seeing the glimpse of it that cryptocurrency will soon be embraced by many governments, even those that seems to be calling for ban. There are countries that gave now accepted cryptocurrency and some have commenced its use as a means of exchange. Apart from it being used as a means of exchange, some have also seen its usefulness in terms of its technology. Cryptocurrency has really got a good future.

Well hopefully. There are some countries that try to ban it (India, China, etc.) but you can't escape the fact that it's the future currency.

Boi qaaf

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Yes, you are right. The have started seeing the glimpse of it that cryptocurrency will soon be embraced by many governments, even those that seems to be calling for ban. There are countries that gave now accepted cryptocurrency and some have commenced its use as a means of exchange. Apart from it being used as a means of exchange, some have also seen its usefulness in terms of its technology. Cryptocurrency has really got a good future.

ICO Lancer

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Quote from: DarkHerO15 on April 09, 2018, 11:52:22 AM

Yeah, I agree with that, and it is rare for countries to take off the restrictions. Everyone except governments would be happy if there will be world-wide crypto legalization.

Now imagine when the government actually provides incentives for crypto startups and companies. Sounds like heaven. Grin

DarkHerO15

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Yeah, I agree with that, and it is rare for countries to take off the restrictions. Everyone except governments would be happy if there will be world-wide crypto legalization.

LeroyBro

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Quote from: semar nyengir on April 09, 2018, 03:45:04 AM

I also feel it may be because there are so many crypto users and this will make the currency crypto there will be the favorite currency for the people there.

Yeah i think it will be interesting to see the statistics behind country/amount of people using crypto there as a metric.

semar nyengir

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I also feel it may be because there are so many crypto users and this will make the currency crypto there will be the favorite currency for the people there.

VenturaBro

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Quote from: ICO Lancer on April 09, 2018, 03:29:19 AM

At the end of the day, I think if countries have successful crypto ICOs and startups, then that's a good sign how crypto friendly a country is. Wink

So with Georgia for example, so far, based on the successful startups, it's a great country for crypto.

Well so far BitFury is very successful, they're already making huge profit. And I think ambit is on the same path.

sunX3

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Quote from: Lieldoryn on April 08, 2018, 07:47:17 AM

Quote from: ICO Lancer on April 08, 2018, 07:25:19 AM

I think if ambit ICO goes successfully more people will know about Georgia and be truly considered one of the best crypt countries, especially for mining.

In Georgia there is an abundance of cheap electricity. There will never be able to exist a large number of miners, even if it will be created all the laws. The amount of electricity required for miners is constantly increasing. This can force miners to migrate to countries where there are many hydroelectric power stations.

Well so far it's still really cheap there and depending on how likely the government is to keep providing the incentive for successful crypto startups, they'd rather keep it cheap still.

ICO Lancer

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At the end of the day, I think if countries have successful crypto ICOs and startups, then that's a good sign how crypto friendly a country is. Wink

So with Georgia for example, so far, based on the successful startups, it's a great country for crypto.

skelethon

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Quote from: Ray3z on April 09, 2018, 03:17:15 AM

Quote from: alani123 on April 06, 2018, 05:11:59 AM

I think that Cyprus might be it. They have been home to forex and binary option websites for about a decade now. They don't publish data of those companies! It's alsi very attractive due to taxes. Regulations on bitcoin could be liberal enough to attract crypto companies as well.

But to attract company include in cryptocurrency is not easy job mate because it need more trust from company itself before adopting this technology.
Without believe i could say company will not adopt cryptocurrency for its sytem. So most company and country which trust crypto is in europe.

Taxes and regulation aside, how can you say for sure they're great if you don't have their data though?

drogas

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I think a pretty solid list.

Some unexpected countries (Georgia, Estonia, Slovenia) but I think that's good to see crypto so heavily promoted in under developed countries.

Ray3z

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Quote from: alani123 on April 06, 2018, 05:11:59 AM

I think that Cyprus might be it. They have been home to forex and binary option websites for about a decade now. They don't publish data of those companies! It's alsi very attractive due to taxes. Regulations on bitcoin could be liberal enough to attract crypto companies as well.

But to attract company include in cryptocurrency is not easy job mate because it need more trust from company itself before adopting this technology.
Without believe i could say company will not adopt cryptocurrency for its sytem. So most company and country which trust crypto is in europe.

LancelotRay

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Quote from: Supec77 on April 08, 2018, 08:14:38 AM

well yes, if to talk about article - i agree with opinion about Switzerland and Denmark. But why there aren't any word about France? Isn't it a country friendly enough to crypto? As i know, trere are a lot of different companys developing cryptos and trying to built some rather succesfull projects on the world crypto-market.

Also no mention of Germany or UK. All great crypto countries but the ones listed also make sense to me so Grin

Supec77

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well yes, if to talk about article - i agree with opinion about Switzerland and Denmark. But why there aren't any word about France? Isn't it a country friendly enough to crypto? As i know, trere are a lot of different companys developing cryptos and trying to built some rather succesfull projects on the world crypto-market.

Lieldoryn

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Quote from: ICO Lancer on April 08, 2018, 07:25:19 AM

I think if ambit ICO goes successfully more people will know about Georgia and be truly considered one of the best crypt countries, especially for mining.

In Georgia there is an abundance of cheap electricity. There will never be able to exist a large number of miners, even if it will be created all the laws. The amount of electricity required for miners is constantly increasing. This can force miners to migrate to countries where there are many hydroelectric power stations.

Xioma

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Quote from: giogio0504 on April 04, 2018, 07:34:40 AM

I found this article, and I am just curios do you agree with the author? Are these countries most crypto friendly in Europe?

https://icoguide.com/en/blog/5-most-crypto-friendly-countries-in-europe

Agree for the most part, they all have either successful crypto startups or low regulations and taxes - a recipe for success

manlyxman

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surprised to see no big countries like UK, France, Germany, and so on but I think that's a pretty solid list anyway.

VenturaBro

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Quote from: Assface16678 on April 08, 2018, 04:08:33 AM

There are indeed a lot of cryptocurrency investment-friendly countries in Europe. A reason for this is that a lot if these countries are tiger-economies, meaning that they are steadily increasing in terms if economic growth. And their leaders are aware of the national economic benefits of allowing cryptocurrency investment in their currency. Just like Georgia which I am surprised was in this list.

Good point, hope Georgia will catch up with the more developed countries now.

sunX3

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Quote from: ICO Lancer on April 08, 2018, 07:25:19 AM

I think if ambit ICO goes successfully more people will know about Georgia and be truly considered one of the best crypt countries, especially for mining.

Well BitFury is already a successful crypto organization from Georgia and that put them on the map I think already.

So ambit might make them popular even more.

ICO Lancer

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I think if ambit ICO goes successfully more people will know about Georgia and be truly considered one of the best crypt countries, especially for mining.

Topic: Most crypto friendly countries in Europe - page 7. (Read 940 times)