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Topic: The Switzerland of Bitcoin (Read 21983 times)

legendary
Activity: 1568
Merit: 1000
January 23, 2016, 02:02:44 PM
Another option would be Isle of Man which is not mentioned here I think. We all focused in rather big countries and economies but this one is actually doing the heavy work already. Is not really a country but a self governing british island (not really the same but the closer example in the poll would be Honk Kong I guess).

http://www.bloomberg.com/news/features/2015-09-07/isle-of-man-tax-haven-with-tailless-cats-becomes-bitcoin-hub
hero member
Activity: 532
Merit: 501
January 23, 2016, 06:57:14 AM
I live in Australia and there are barely any Bitcoin users. In Sydney, there is only Bitcoin atm's.
tyz
legendary
Activity: 3360
Merit: 1533
January 23, 2016, 06:41:43 AM
It is very likely because there is a fear of Bitcoin regulation. There are some states which are very Bitcoin-friendly but it holds not to the governement and most state authorities.

I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I do understand why the USA ar taking the lead.
Many Venture capital in bitcoin companies are from the united states.

Bit this shouldn't be the main factor.
legendary
Activity: 1330
Merit: 1000
January 08, 2016, 06:49:47 AM
List needs to be more comprehensive because I dont see the UK or Ireland on it.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
January 06, 2016, 10:59:03 AM
I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I don't think this is the actual result, it's main how people want to promote their own country.

Sure the population of bitcoin users here are reflected but where are factors like; pools, nodes, venture capital, service providers refecleted in this chart?
hero member
Activity: 672
Merit: 500
January 05, 2016, 03:51:47 PM
I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I am amazed at how many people vote for singapore and hong kong.
Clearly Asia is the favourite for bitcointalk.org users.

Yeah I expected 1 or 2 countries in the top 10, but so many.
European countries are really the underdog here, not sure why since we got a lot of miners + pools.
sr. member
Activity: 406
Merit: 250
January 04, 2016, 03:08:34 PM
I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I am amazed at how many people vote for singapore and hong kong.
Clearly Asia is the favourite for bitcointalk.org users.
legendary
Activity: 3248
Merit: 1070
January 04, 2016, 03:01:06 AM
I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

the key items is not the mining activity, the merchants also are, and it's not controlled by chinese, and they know this

otherwise they can simply run their altcoin bitcoin, since they have 60% and more of the network and take profit from it, but they don't actually do that, guess why?
legendary
Activity: 1568
Merit: 1000
January 03, 2016, 03:39:10 PM
I've voted for Argentina, but really only if China or a big country like that start adopting Bitcoin massively we'll see a major shift since there are only so many satoshis for all of us. I don't think any european country or the US will adopt it soon since their currency is perfectly stable, there's just no need. But in other economies like China, Brazil, India, Russia, etc the need is there, the problem is that Bitcoin is just not there in terms of usability, that's just the truth. Plus price volatility will be a huge obstacle for many years.
hero member
Activity: 672
Merit: 500
January 03, 2016, 03:36:17 PM
I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I do understand why the USA ar taking the lead.
Many Venture capital in bitcoin companies are from the united states.

Bit this shouldn't be the main factor.
sr. member
Activity: 420
Merit: 250
January 03, 2016, 03:28:35 PM
I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
January 02, 2016, 03:59:23 PM
In a way you right, but also wrong.
Yes bitcoin, don't need a country to use it. But remember bitcoin is about transactoins too. And imagine how much governements can safe on fees while using bitcoin

Do you really think that any government can change their currency to some internet money which they can't have control over? Their central bank wouldn't print more money, they give their whole economy to the hands of Bitcoin speculators. That doesn't make sense at all.

Your premise for this grand claim is that the government control the people instead of the people controlling government, i.e. you're a priori assuming a facististic, communistic or other authoritarian system of governance to enforce fiat central bank currencies.
sr. member
Activity: 420
Merit: 250
December 29, 2015, 05:53:52 PM
I voted for China.
It's clearly they already rule bitcoin
- The largest mining pools already are in China.
- Most of the asics are made in China.
hero member
Activity: 672
Merit: 500
December 29, 2015, 03:35:37 PM
For me the US should be the leading country in the world.
Having a big and civilized country adopting bitcoin, will motivate other countries too.
sr. member
Activity: 448
Merit: 250
December 29, 2015, 03:10:19 PM
I go for Japan and China. Since the chinese governemt tries to stop the uprising of bitcoin, Japan would be a better candidate.

Either way Asian is on it's way to rule bitcoin.
sr. member
Activity: 406
Merit: 250
December 29, 2015, 01:23:10 PM
The USA is leading by for.
Good to see how public opinion is counted here.

Honestly my guess is japan or indonesia are more the main countries for bitcoin at the moment.
legendary
Activity: 2940
Merit: 1865
December 29, 2015, 01:06:45 PM
...

As of this moment, some 507 people have voted.  I note that most of the countries with the most votes are relatively free economies.  The USA, Singapore and Hong Kong got a lot of votes.  Norway, Denmark and Dubai also did rather well.  All of these countries make sense as places where BTC might thrive relatively unmolested.

I also note that OP did not even LIST China and Russia as candidates.  That would have made a better poll, as I think it would be illustrative that neither China nor Russia would ever be seen as a "Switzerland of Bitcoin", LOL...
hero member
Activity: 826
Merit: 1000
December 29, 2015, 08:43:59 AM
There is no Switzerland for Bitcoin. If government can't control money supply they can't use it as currency, it's that simple.
Maybe when the new world order start one nation project they have the control over majority of coins and they use it. That's a wild guess and pure speculation.

There are many economic reasons why a one nation one currency thing will never work.
Look at the Euro.

They try now, develop it for future. Everything has a beta phase, look at the history. Even Bitcoin is in beta phase and we'll develop a better crypto-currency and write history of monetary system.
legendary
Activity: 1148
Merit: 1000
December 29, 2015, 12:51:22 AM
I don't think you'll find any rich country willing to become the Bitcoin hub of the world. At least not at this stage in the game. Rich countries are rich by virtue of their higher degree of control. Control is power, power is money. Right now Bitcoin is synonymous with uncertainty and way too uncontrollable to be acknowledged as an asset by these governments. The race to become the 'Switzerland of Bitcoin' will start once Bitcoin has been tamed and is fully integrated into the system. For now, if there is to be a Bitcoin hub, it'll probably be a country that does not hold a lot of influence on the international front.
hero member
Activity: 636
Merit: 500
December 28, 2015, 07:14:44 PM
In a way you right, but also wrong.
Yes bitcoin, don't need a country to use it. But remember bitcoin is about transactoins too. And imagine how much governements can safe on fees while using bitcoin

Do you really think that any government can change their currency to some internet money which they can't have control over? Their central bank wouldn't print more money, they give their whole economy to the hands of Bitcoin speculators. That doesn't make sense at all.
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