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Author Topic: BitCoin Friendly Countries  (Read 12569 times)
Labumi
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November 20, 2016, 01:39:34 PM
 #61

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?

I once heard and saw that Brazil has a really large number of shops accepting bitcoin in physical world, so i guess that can be called a BitCoin Friendly country for that, because if the government would not allow the use of it then there would have been no places accepting it inside the country.

Yeah, I also often hear that Brazil has its place in the bitcoin users to perform any transaction in the store. But it's all I think due to deliver promotions and Government may indeed allow it but I think the Government also will not provide security for the users of the bitcoin in any errors that occur because of it.Just wait until when bitcoin experience growth that is bad and then feel a tremendous pleasure because of the victory of the bitcoin already achieved
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November 21, 2016, 06:25:27 PM
 #62

It's amazing that a lot of countries are really into Bitcoin like US, UK, Canada, etc. It's also saddening that countries do not take it as an advantage to improve the economy and the lives of the people. I don't really understand why? Are they scared of what can happen? Or do they not see what the possibilities are with Bitcoin? They could improve the economy with Bitcoin.

From my country, the Philippines, it's starting to grow. The Bitcoin community here is growing and getting stronger. I just hope that majority that happens with the transactions here are legal.

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November 22, 2016, 12:34:48 AM
 #63

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.

Yes, i also believe that the philippine could be one of the top bitcoin friendly countries. I've been online for many years mostly in social media and i saw the steady rise of online filipinos that uses bitcoin in their digital transactions. If we want the philippines to be on the top rankings, it must first address its slow internet speed and improve its present digital infrastructure.
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November 22, 2016, 12:51:27 AM
 #64

I can tell you that the United States sucks ass as far as bitcoin vendors and general acceptance goes.  There is nothing within comfortable driving distance where to spend my bitcoin.  Absolutely nothing, nowhere, nohow.  It all gets bought, sold, traded, and spent online.  Physical brick-and-mortar places in the states are severely lagging.

How's Asia and down under?
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November 22, 2016, 01:07:12 AM
 #65

The US is relatively good toward bitcoin. The only thing is sending bitcoin overseas through mail, like cash is banned too. This is why i'm pretty sure you can't transfer loaded coins across their border.
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November 22, 2016, 02:50:43 AM
 #66

Only the time will reveal the true friendly countries of bitcoin...

Now bitcoin is just a child, none cares about it, they make some short law about it(aproving or not) and that it.

So bitcoin is grow and after this a lot of countries will ban because of fear.
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November 22, 2016, 03:07:13 AM
 #67

The US is relatively good toward bitcoin. The only thing is sending bitcoin overseas through mail, like cash is banned too. This is why i'm pretty sure you can't transfer loaded coins across their border.

What exactly are loaded coins?  Huh
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November 22, 2016, 03:28:26 AM
 #68

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?
Many of countries here in the bitcoin but in my opinion US is the main country of the bitcoin who accept .
China is also a big country who is using bitcoin in very high scale . China is popular for bitcoin mining also because the cost of electricity is very low so mining is here more profitable .
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November 22, 2016, 03:33:37 AM
 #69

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?
US, philipines and nigeria almost those country have most number of bitcoin users. They use it and any inventment site and paying bills and buying goods using bitcoin.
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November 22, 2016, 04:17:36 AM
 #70

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.

Yes, i also believe that the philippine could be one of the top bitcoin friendly countries. I've been online for many years mostly in social media and i saw the steady rise of online filipinos that uses bitcoin in their digital transactions. If we want the philippines to be on the top rankings, it must first address its slow internet speed and improve its present digital infrastructure.

Definitely. Philippines is also a bitcoin friendly country for many Filipinos are now using bitcoin and many entities here accept bitcoin payments. But the only thing is the internet connection speed, as you said, is being the issue for the rise of bitcoin transactions here in our country. Only if there would be a fast connection and a free wifi in every streets of the Philippines, I guess bitcoin usage would be popular to many Filipinos since we are easily adopting the current trends in technology.
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November 22, 2016, 05:08:07 AM
 #71



Definitely. Philippines is also a bitcoin friendly country for many Filipinos are now using bitcoin and many entities here accept bitcoin payments. But the only thing is the internet connection speed, as you said, is being the issue for the rise of bitcoin transactions here in our country. Only if there would be a fast connection and a free wifi in every streets of the Philippines, I guess bitcoin usage would be popular to many Filipinos since we are easily adopting the current trends in technology.

Actually, most of those that accept bitcoin are processed thru a exchange, that means they are not really accepting bitcoin, but the exchange process it so they will receive fiat. Except for those individuals who are making their online business like selling VPNs are the ones really accept bitcoin as it is.  Internet connection nowadays is not a problem, speed, it is a bit attainable now compared to before, that means we are atleast improving. The only downside to that is the price, and of course the Fair usage policy. But, that's true, bitcoin is not illegal here and I think not yet legal, as there is no law against it or in favor of its existence in the country.

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November 22, 2016, 05:08:33 AM
 #72

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.

Yes, i also believe that the philippine could be one of the top bitcoin friendly countries. I've been online for many years mostly in social media and i saw the steady rise of online filipinos that uses bitcoin in their digital transactions. If we want the philippines to be on the top rankings, it must first address its slow internet speed and improve its present digital infrastructure.

Definitely. Philippines is also a bitcoin friendly country for many Filipinos are now using bitcoin and many entities here accept bitcoin payments. But the only thing is the internet connection speed, as you said, is being the issue for the rise of bitcoin transactions here in our country. Only if there would be a fast connection and a free wifi in every streets of the Philippines, I guess bitcoin usage would be popular to many Filipinos since we are easily adopting the current trends in technology.
We are going to that direction, in the future there's an improvement as everything can be done in the internet including our business so the government will certainly made laws to improve our infrastructures and that includes free internet for everyone.

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November 26, 2016, 06:03:54 AM
 #73

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?
i think china is became bitcoin legal for transaction in mall or store etc.. and most user
i hope in indonesian legal too , not only to income
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November 26, 2016, 06:11:29 AM
 #74

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?
Unfortunately on my country (Indonesia) the bitcoins is not too popular and the usage of bitcoins is just for investing are like trading bitcoin to fiat, trading altcoins and saving the assets. But i am sure by the time there are many people use bitcoin on their life. Indonesian government can be called bitcoin friendly because of there are no banning usage of bitcoins.
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November 26, 2016, 04:47:20 PM
 #75

EY Switzerland will become the first company in the world to accept Bitcoin.

Formerly known as Ernst & Young, announced the professional services firm through a press release on Friday that it would integrate Bitcoin as part of a broader digitization process. All EY Switzerland employees will be issued Bitcoin Portfolio through a customized portfolio application. It will also be a two-way public access Bitcoin ATM at its headquarters in Zurich.

As pointed out by CEO EY Switzerland Marcel Stalder, the pro-Bitcoin push is necessary for its activities and its employees are familiar with block chain technology, which is likely to dominate to control the future of the financial sector, We are not only talking about digitization, but actively pursuing this process in collaboration with our employees and customers. It is important for us that everyone is on board and is preparing to leave the game up to take the business through block chains, intelligent contracts and digital currencies Blocks chains develop a very fast technology that can alter The revolution of many sectors. In the role of Switzerland as an important financial and industrial center and its development and promote as a digital hub, it is essential that it is a pioneer in this field.
EY is the third of the four largest accounting firms in the world, also known as the "Big Four", which also has Deloitte, PricewaterhouseCoopers and KPMG.
Switzerland is becoming a hub of digital innovation

This latest integration by a large company serves to strengthen Switzerland's reputation as a chain-friendly Block nation. At CFF ticket dispensers station across the country, customers can buy Bitcoin to complete their portfolios. The city of Zug, in the famous "Crypto Valley", home to the startups-based chain-several blocks, Bitcoin will be payments to the city to accept the service through the rest of this year as part of a Trial to test digital currency. "Earlier this year, the Swiss Parliament moved to block the deregulation startups chain from exempting them from strict financial disclosure laws and stimulating innovation.

Switzerland long maintained a reputation as the global center of financial privacy due to legendary bank secrecy. With Bitcoin to adopt in order to maintain a competitive advantage in the industry, the next wave of financial privacy after Swiss bank accounts, give meaning to Switzerland's financial services to advanced technology.
The races of the financial world towards digitization, motivated by Bitcoin

The success of Bitcoin, the great pioneer of the Block chain technology, has a great push towards digitizing the global financial impulse. Several countries, including Ukraine, South Korea and Tunisia, have all started plans to introduce digital money. Senegal has joined the ranks of sporting nations a digital currency, and could soon be followed by many other African countries. The IMF predicts that probably start using digital currency within five years, banks around the world.
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November 26, 2016, 05:20:41 PM
 #76

The US is relatively good toward bitcoin. The only thing is sending bitcoin overseas through mail, like cash is banned too. This is why i'm pretty sure you can't transfer loaded coins across their border.

you gotta admit that they have too much restriction there, this is not what i calla  friednly country, and also their transaction are to heavy controlled and taxed, european are more friendly because they exempted bitcoin from vat at least

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November 26, 2016, 05:34:37 PM
 #77

Good news come from African countries, several of them will consider bitcoin regulation like Uganda. In the middle east Dubai government will regulate bitcoin. Bitcoin spreads all over the world.
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November 26, 2016, 05:53:15 PM
 #78

apart from the law that doesn't negate the use of bitcoin most of the factors are from technology improved environment
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November 26, 2016, 05:55:05 PM
 #79

currently very much accept bitcoin very well. US, China, Brazil, and many other countries that accept bitcoin well. Well, they actually use bitcoin well. they can develop a number of bitcoin they have with the investment, trading and another interesting way. Well, I think that one day all nations will accept bitcoin well either as a means of transaction or as an investment tool
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November 26, 2016, 05:58:18 PM
 #80

I am happy because my country is bitcoin friendly and our government carrying out research on blockchain technology and may be government would adopt such system in banking system also because it's highly secure.
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