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Author Topic: Finland might be the first country for widespread Bitcoin adoption!  (Read 12121 times)
impulse
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September 11, 2012, 06:28:41 PM
 #21

I follow Bitcoin news pretty closely and I didn't hear any news coming from the Finland Central Bank. When did that happen? Do we have any more information on this?

I had the same reaction to this news. Can anyone verify this? Source? Reference?

Can't find the thread right now, but there was one about Finland declaring, somewhat officially, that there was nothing wrong with Bitcoin in principle.

Edit: here it is... https://bitcointalk.org/index.php?topic=100924.msg1104056#msg1104056

Cool, thanks.  So do we think that there is any relationship between this and Gavin's September announcement? Smiley
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interlagos
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September 11, 2012, 06:32:16 PM
 #22

At this point it would be hard to make anything official, because frankly nobody knows what bitcoins really are.
The only thing that exists in any tangible form is a distributed database with transactions which represent transfer of ownership of bitcoins, but it doesn't specify what they are and where they are stored.

There is simply a cryptographically signed record that says "address A now owns X", technically it doesn't even mention bitcoins at all so we can call them whatever we want and interpret them however we see fit.

EDIT: I guess that Finnish Central Bank representative's statement was simply an acknowledgement of the fact that there is nothing in the current laws that would prohibit individuals to have private keys and have the ability to send and receive specifically formatted messages signed with those keys and eventually stored in a public database.
That's the gist of Bitcoin. Any legislation aiming to prohibit that would need to deny any individual the ability to have privacy and keep secrets. That won't go easy.
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September 11, 2012, 07:14:25 PM
 #23

EDIT: I guess that Finnish Central Bank representative's statement was simply an acknowledgement of the fact that there is nothing in the current laws that would prohibit individuals to have private keys and have the ability to send and receive specifically formatted messages signed with those keys and eventually stored in a public database.
That's the gist of Bitcoin. Any legislation aiming to prohibit that would need to deny any individual the ability to have privacy and keep secrets. That won't go easy.

By default trading anything is legal. The representative also pointed that it is legal to use barter or "squirrel skins" (used to be money in history of Finland) for trade, and "this is a free country". They have to make separate laws if they wish to make bitcoins illegal.

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September 11, 2012, 07:33:28 PM
 #24

Here is the TV report

http://www.youtube.com/watch?v=Tjo_w9gPch0

The reporter went to go interview the Secretary of the Finnish Central Bank.  The guys at Technomage were involved in this, they can give you a better translation

LOOT AT GOOGLE TRENDS in the last 30 days since this aired!

http://www.google.com/trends/?q=bitcoin&ctab=0&geo=all&date=mtd&sort=0



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kangasbros
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September 11, 2012, 07:38:25 PM
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... and a fucking funeral service. Beat that  Grin

the_thing
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September 11, 2012, 07:47:04 PM
 #26

... and a fucking funeral service. Beat that  Grin
I'd love to buy my coffin with bitcoins.

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September 11, 2012, 07:57:08 PM
 #27

nice production. funny commando music.
interlagos
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September 12, 2012, 01:16:00 PM
 #28

Czech seem to be closing the gap rapidly, wonder what's causing this...
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September 12, 2012, 01:30:32 PM
 #29

I guess they don't trust eubles that much - or even Czech koruna. I can hardly say I blame them.

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September 12, 2012, 01:41:00 PM
 #30

Awesome, go Finland! Has always been on my list of places to go when I get to that side of the world.
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September 12, 2012, 01:53:00 PM
 #31

Sweden Rocks, ffs ... there just pissed we did not join in the euro and are looking for a way out.
That said, can't wait to drive 25 miles to cross the border and spend some bitcoins Smiley

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September 12, 2012, 01:55:03 PM
 #32

I guess they don't trust eubles that much - or even Czech koruna. I can hardly say I blame them.
They do trust koruna. At least more than euro.
Ironically, if euro falls, koruna goes to shit as well.

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September 12, 2012, 06:57:19 PM
 #33

The finnish TV spot with english subtitles: http://www.youtube.com/watch?v=7vYH1JH73pw

Starring:

- sirious, the 2nd bitcoin developer after Satoshi
- Vili Lehdonvirta, suspected Satoshi (NY Times)
- Head Secreatery (or something) of finnish central bank
- Some police official
- Random finnish bitcoiners

I want to thank the bittiraha.fi guys for making bitcoin in Finland a great success.

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September 12, 2012, 07:02:45 PM
 #34

they have lots of timber and the best javelin throwers in the world.

this

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
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September 12, 2012, 07:18:26 PM
 #35

this just needs to be said:

FUCKING AWESOME!

How is Norway coming along with Bitcoin adoption?
Not much happening here. I don't know of any bitcoin services or merchants accepting bitcoin in Norway, but we are buying coins  Cheesy
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September 15, 2012, 12:37:44 PM
 #36

this just needs to be said:

FUCKING AWESOME!

How is Norway coming along with Bitcoin adoption?
Not much happening here. I don't know of any bitcoin services or merchants accepting bitcoin in Norway, but we are buying coins  Cheesy


Not many places you can use bitcoins in Norway, not any places that I know of.

I noticed in the video where the lady from the Finnish Bank said: "Anyone can do what they want, it's a free country after all".

In Norway it would be all bitching and moaning about tax evasion, money laundering and so on. The climate for new things are in Norway not that great most of the time.

But Norway is a rather small country, with only a few millions of inhabitants, so the countries with larger populations are far more interesting.

Anyway, there's a few miners and users in Norway though. I even met one of them and paid a lunch in bitcoins.
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September 15, 2012, 01:37:56 PM
 #37

I wonder what smartphone adoption is like in Finland.  Or do they all use Nokias?
Nokia makes smartphones too.

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September 15, 2012, 03:13:12 PM
 #38

this just needs to be said:

FUCKING AWESOME!

How is Norway coming along with Bitcoin adoption?
Not much happening here. I don't know of any bitcoin services or merchants accepting bitcoin in Norway, but we are buying coins  Cheesy


Not many places you can use bitcoins in Norway, not any places that I know of.

I noticed in the video where the lady from the Finnish Bank said: "Anyone can do what they want, it's a free country after all".

In Norway it would be all bitching and moaning about tax evasion, money laundering and so on. The climate for new things are in Norway not that great most of the time.

But Norway is a rather small country, with only a few millions of inhabitants, so the countries with larger populations are far more interesting.

Anyway, there's a few miners and users in Norway though. I even met one of them and paid a lunch in bitcoins.


i live in a small place on the edge of akershus / østfold, and ive gotten a few of the shop owners interested in bitcoin Smiley
hopefully i can go buy groceries etc with bitcoins in a few months Tongue

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September 15, 2012, 03:56:03 PM
 #39

i live in a small place on the edge of akershus / østfold, and ive gotten a few of the shop owners interested in bitcoin Smiley
hopefully i can go buy groceries etc with bitcoins in a few months Tongue


Best of luck!
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September 15, 2012, 04:10:26 PM
 #40

I wonder what smartphone adoption is like in Finland.  Or do they all use Nokias?

It's pretty great, 42% of the whole population at the end of 2011: http://communities-dominate.blogs.com/brands/2011/12/smartphone-penetration-rates-by-country-we-have-good-data-finally.html

I'm very much looking forward to going to Finland for new year's and buying a souvenir for Bitcoins!

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