Bitcoin Forum

Dear Bitcoiners,

I am one of the founders of Bitcoin Cyprus - a website made to support, promote, educate and expand the use of Bitcoin in Cyprus.  Here is our website http://www.bitcoincy.co.nf/english.html - I would appreciate feedback on the website design.

Also, do we have anyone from Cyprus in the forums?  I am trying to get in touch with as many Cypriot bitcoiners as I can.

I have a Bitcoin startup incorporated in Cyprus but I'm from the US.

Hello. Just to clear one thing out in my previous costs: By "Cypriot Bitcoiners" I meant people who use Bitcoin and have projects/live/are based in Cyprus.  Our website has a project section where we show all of the Bitcoin projects in Cyprus and we also have a map of all companies that accept Bitcoin in Cyprus.  Currently just one, however I am already talking with 3 others that will potentially join by the end of this month. Feel free to get in touch with us. My email is petroscha@gmail.com

I'm in Cyprus Peter but we already talk! Some big plans coming very soon to help the general public separate themselves from the failing banks. Bitcoin has a bright future here in Cyprus but it needed real planning.

Please discuss in more details your goals for Bitcoin in Cyprus. What problems exist for Cyprus citizens h

Interesting concept!

I will be getting in touch with you soon.

Scams in Cyprus catching on to bitcoin?

Soon the whole world will look like Cyprus and wide adaption of Bitcoin will happen.

What is the meaning of your statement?

Please propose a different location for international businessmen to come together.

How do we know your not a fraud?

I think we should identify structural weaknesses that exist in both the United States and Cyprus.

I believe that Cyprus' youth is highly skilled: http://www.financialmirror.com/blog-details.php?nid=1046

What incentives do they need to build software companies based in Cyprus? Cyprus is a member of the EU and its close to the high tech of Israel. It seems like a great location.

What kind of a fraud do you propose I am? There is no way of Bitcoin Cyprus getting money or Bitcoin.

Are you using the bail out money I gave you so you would have bread and wine to advertise your tax evasion scheme instead?

Some of the replies here are great! A post trying to find others in Cyprus turns into scam accusations being thrown around.

With regards to operating a business from Cyprus which has long been known for its "benefits" of being incorporated here its a great thing if the Banks don't steal all your money first.

I am launching a business here focused on Bitcoin because the confidence in the Banks is below zero with capital controls being enforced and the potential for an e-commerce boom (only 8.6% of businesses here offer online sales) due to a monopolized market for card payment gateways with little to no alternative available. Cyprus also has a big enough population to be recognized globally without being too big to make changes across the board.

What are the most popular online businesses in Cyprus? I assume hotels are near the top.

A good idea may be to pitch Bitcoin to Hotels or people who use AirBnB.

Let me know any others.

Tourism is basically our biggest 'export'.  Ayia Nappa is party capital where people from all over the place (especially Russia and the UK) visit, Limassol (mostly full of Russian tourists) is the more laid back place for holidays and where most all of the 5-star hotels are located.  If you target those two cities then you would be covered.

Also, in the Turkish-administered North there are a lot of Tourists coming to Kyrenia so you might want to check that out as well.

Its handy that I know the person who provides all the online booking systems for 85% of the hotels here that offer online bookings.

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Cyprus is a EU brigdehead for the Chinese, how lovely. They use their military to overpower their neighbours, and their money for more remote targets. Exactly what we need, another imperialist, extremely evil superpower  :(

Most superpowers do this so you can't blame China. Some Chinese citizens have become wealthy in the past 20 years and they deserve the opportunity to invest it in foreign countries.

What caused the most recent Cyprus fiasco? The non virtuous businessmen and tax evaders of Cyprus didn't help. One could blame it on the poor investments of Cyprus banks.

But I work with many Chinese students at Cornell in New York and I admire the level of respect they have for people and institutions. A Chinese influence would definitely not be "evil."

Good thing that bitcoin is coming then, no?

Do you use Bitcoin as a way to avoid taxes?

I'm not saying this is wrong but it'll be hard to work with governments and banks if BTC users all start avoiding taxes.

The reason I like Cyprus is because the taxes are low for international businessmen. I will never hold my assets in a Cyprus bank because my assets will all be in BTC. But I will pay the required taxes on the profits my Cyprus operations generate from BTC.

Instead of viewing BTC as a way to avoid taxes, I think we should view BTC as a way to educate consumers and improve our financial infrastructure. It will be easier to lower our taxes if moving money from A to B becomes more efficient.

In short, I think we should not use BTC to avoid taxes. We should use BTC as a means to lower our taxes.

See, but that is the rational response.

Unfortunately this forum caters more to the "the best government is no government (with me as sole ruler)" types.

I'm

tgb29 I am already about 9 months in the planning stage ahead of getting them to accept BTC, solutions are already in motion. PM me with some contact details and I will happily discuss it over Skype or via email.

Not exactly.
If the barrier in order to be elected is too high and random people can't reasonably think of setting up a party, you can't really call them free elections.

hey

Nope, there are huge monetary costs, and incredible bureaucratic walls.
Even if you manage to gather enough determined individuals, if you don't have the money you get nowhere.

Can I invest in your guys' company? I think it is a visionary idea.

It appears that you are setting up an exchange out of Cyprus.  How are you finding the transfer of Bitcoin into another type of currency out of Cyprus?