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Author Topic: BitCoin Friendly Countries  (Read 12569 times)
unamis76
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November 18, 2016, 01:11:30 PM
 #21

This is a good place to start reading about Bitcoin legality in the world. CoinMap is a good place to start reading about where Bitcoin is accepted, but it has been posted already. I don't think that there are much more resources beyond this.
jack1111
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November 18, 2016, 01:31:36 PM
 #22

Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
Has such data been calculated and available on the world wide web?

Bitcoin has users from all around the world, but it is used more in eastern Asia countries and South America countries if I am not wrong, especially China which has great impact on Bitcoin price as the biggest Bitcoin mining companies work in China.
 
nara1892
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November 18, 2016, 01:42:58 PM
 #23

Singapore is one of the most Bitcoin-friendly

Surprised not to see china in this list however government doesn't seem to care much about bitcoin mining farms situated in china and you can see majority of buying volume coming from china which suggest china being one of the bitcoin blooming country.

I'm also surprised not to see China on the list because as many people say China "controls" bitcoin and many miners are Chinese. probably there is another problem we don't know about china.

I think Russia is also bitcoin friendly country because there are a lot of shops accepting bitcoin there.

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November 18, 2016, 01:50:04 PM
 #24

As far as I know, China has most numbers of miners and they have around 51% hashing power. Then, there is large number of bitcoin in United States, United Kingdom, Sweden, and Canada etc. I see some countries like India, Russia, China will have comparatively large number of bitcoin users compared with rest of the world (China has largest mining pool power but I am not sure about common bitcoin users).
Victorycoin
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November 18, 2016, 02:14:14 PM
 #25

Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
Has such data been calculated and available on the world wide web?

USA has the largest number of bitcoin users for sure.

I`m not sure that USA is very bitcoin friendly. Sad

China dominates btc mining off course...
China and Russia sometime ago were clamping down on bitcoin whereas the U.S. kept sanctioning and promoting it. The turn around in acceptance and increased volume of trade in recent times cannot be discounted from the U.S. position in global financial markets and interest in technology, which is what has brought bitcoin thus far. Imagine what would have been the fact of bitcoin if the U.S. joined the bandwagon to abort it - thank goodness they did not!
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November 18, 2016, 02:27:31 PM
 #26

From the european point of view Netherlands is Bitcoin friendly country. They were among first countries who had Bitcoin ATMs, shops that were accepting Bitcoins and regulated Bitcoin in positive way.
Many people there have very positive attitude towards Bitcoin and some companies are even paying part of paycheks in Bitcoin.

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November 18, 2016, 02:27:44 PM
 #27

Most of the reports I've read claim the USA and Canada to be the most friendly large countries with a bunch of smaller no population (who cares) countries mixed in.

Don't get me wrong, I think it's great that places like Sweden and Denmark love Bitcoin but, let's face it, those countries combined have a total population less than the greater Los Angeles area. The population of Denmark is just under 6 million. The population of the San Francisco Bay Area is 7 million.

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November 18, 2016, 02:30:31 PM
 #28

I can't exactly say that the Philippines is bitcoin-friendly but if we base the transaction volume coming from there, which I think ranks in the top 5, you can say that the Philippines is ahead of most other countries. We know that the Filipinos are very fond of social media and are very much almost always online, so the digital currency is something that they are already using.

I already considered Philippines to be a Bitcoin-friendly country because so far there is no government move to restrict the use and spread of Bitcoin and I hope there would be none in the future once Bitcoin would really be popular. I do hope the government would see Bitcoin as just another Paypal thing.
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November 18, 2016, 02:34:19 PM
 #29

Well I don't come from the country where bitcoin is widely accepted and used but I've read some news that claimed that France just had 25 of their stores and malls accepted bitcoin as payment just now and I see that France has quite a lot of places use bitcoin. So I would say that France is one of the bitcoin friendly countries  Grin
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November 18, 2016, 02:38:00 PM
 #30

I think the Netherlands is using Bitcoin a lot. There is a valley on which there are only Bitcoin shops, as far as I remember. The Dutch always liked freedom and anonymity. I've been there this summer and it's a great country and yes, it is friendly with Bitcoin.
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November 18, 2016, 02:51:24 PM
 #31

I think the Netherlands is using Bitcoin a lot. There is a valley on which there are only Bitcoin shops, as far as I remember. The Dutch always liked freedom and anonymity. I've been there this summer and it's a great country and yes, it is friendly with Bitcoin.

I have a friend there an I agree that Netherlands has an active bitcoin community. Thy are well aware abot bitcboin. Also, I consider Philippines is a bitcoin Friendly country since it has a local exchanges where you can exchange your bitcoin to local currency and you can transfer to your bank account or through remitances.

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November 18, 2016, 02:56:11 PM
 #32

On the other hand, a guy was detained in France after a policeman heard him uttering the word "Bitcoin".
This is totally unbelievable story. But it wasn't a policeman, it was customs official. We can read original story here:
https://www.reddit.com/r/Bitcoin/comments/21cp72/french_customs_arrested_me_for_saying_the_word/
It was 2 years ago, since that time fame of silk road dimmed a little. Also people's general awareness of what Bitcoin is raised a little. I can't imagine something like this happening today.
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November 18, 2016, 03:12:32 PM
 #33

Quote
most number of bitcoin users
i don't know the actual number because bitcoin is not traceable, but i think majority bitcoin users in american, european and asian country

Quote
most number of bitcoin miners
China.

Quote
most number of bitcoin vendors
so far, which I know might USA.

Bitcoin friendly country i think in USA, I have not been there, but I think there people better known bitcoin than my country and also country that legalized bitcoin *https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country
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November 18, 2016, 03:16:35 PM
 #34

Here the listed bitcoin legal by country:
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country
Search bitcoin business here: https://coinmap.org/

10 bitcoin friendly countries: https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/
I wanted to reply to a comment on that last article you posted (10 bitcoin friendly countries):

Quote
I feel germany is missing there, it´s 100% legal to use Bitcoin, a lot of btc nodes are in germany, even the german tax authority has an website about how to tax your bitcoin (25% on profits, but taxfree after 1 year holding etc)...
Germany is also a safe heaven for data protection, has a reason the tor guys reside in berlin and not USA i guess.

Also look into belgium and switzerland a bit more, they are bitcoin friendly too.

Totally disagree with the commenter that Belgium is a Bitcoin friendly country, there are almost no merchants in real life that accept Bitcoin.
Also almost no Bitcoin ATM's, so compared to our neighbor, The Netherlands, it's really slim pickings here for Bitcoin people.

I do hope that changes soon.

mace15
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November 18, 2016, 03:36:33 PM
 #35

I can't exactly say that the Philippines is bitcoin-friendly but if we base the transaction volume coming from there, which I think ranks in the top 5, you can say that the Philippines is ahead of most other countries. We know that the Filipinos are very fond of social media and are very much almost always online, so the digital currency is something that they are already using.


I agree with you, I can say also that Philippines is one of the Bitcoin
friendly countries. Because their is bitcoin freedom, government does
not have anyt strict rules about it. Also, bitcoin is spreading anywhere
in the Philippines because of its easy use, and hassle free.!
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November 18, 2016, 03:44:34 PM
 #36

for me i guess most is in the first world countries. the first tjat come up with my mind is united states of america and China. china is one of the leading countries if we talk about bitcoin mining. just my opinion.

regards. Smiley
Denker
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November 18, 2016, 03:59:49 PM
 #37

I think the Netherlands is using Bitcoin a lot. There is a valley on which there are only Bitcoin shops, as far as I remember. The Dutch always liked freedom and anonymity. I've been there this summer and it's a great country and yes, it is friendly with Bitcoin.

Netherlands are very open minded this is true.
I had been in Arnhem where you can pay with Bitcoin in many stores, shops, cafes and markets.
If you ever should be go to the netherlands Arnhem is a must for a Bitcoiner!
Check out this website: http://www.arnhembitcoinstad.nl/
carlerha
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November 18, 2016, 04:27:28 PM
 #38

Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
Has such data been calculated and available on the world wide web?

Bitcoin has users from all around the world, but it is used more in eastern Asia countries and South America countries if I am not wrong, especially China which has great impact on Bitcoin price as the biggest Bitcoin mining companies work in China.
 
yes that is a fact that the number of bitcoin users are more in China but i think you can also find the users of bitcoin in all over the world, like India, Russina, Pakistan, Afghanistan, Dubai, American Japan, Canada, USA etc.
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November 18, 2016, 04:48:51 PM
 #39

A lot of people are saying USA, but in my opinion the USA regard Bitcoin as a commodity and not a currency. I would say, if someone consider

that Bitcoin should be seen as a currency for a country to be truly "Bitcoin friendly" then based on that, I would go for Japan. Japan officially

recognizes bitcoin and digital currencies as money.  Wink  .... The Australian federal government is also changing their stance on Cryptocurrency,

so we might see some good vibes coming from down under too.  Grin

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November 18, 2016, 04:53:14 PM
 #40

I think philippines is a bitcoin friendly country.
Many filipino is using bitcoin and some are creatinf altcoin that is affiliated in philippines like pesobit.
Banks in the philippines is slowly accepting bitcoins by letteting them withdraw it in their banks



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