BitCoin Friendly Countries

[Nevis]

I think it would be china or singapore.Because china adopt bitcoins already on marketting and transaction online and singapore with great numver of users living in there

[iqlimasyadiqa]

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?

Now this was a lot of use bitcoin. especially in some large countries such as Europe, America and China. and the use of bitcoin nominal amount used is very orderly and well almost all their citizens have already known. bitcoin very rapid development of all.

[SvenBomvolen]

   Most of the countries are bitcoin friendly. There is two ATM's in my little country. China, USA, India, Brazil, Russia and other big countries have most users, they have more bitcoins. But there is bunch of other little countries that give a little contribution to bitcoin. Some little country like mine have more chances to adopt bitcoins and change all government structure then some big one.

[JC btc]

Here in our country, bitcoin is not yet recognized as an exchange though a lot of people now are using and trading bitcoin here, hope than in the coming 2017 bitcoin will recognized as one way to market money so that a lot of people can help too and can be part of our society.

[teddy5145]

Here's list of all of the laws of bitcoin in each country :
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

And by skimming quickly through that list I think Japan is the one that recognizes bitcoin as digital currency
You can even pay your utility bills using bitcoin

https://news.slashdot.org/story/16/09/26/2015256/japanese-to-pay-utility-bills-using-bitcoin

[ardentvolcanoes]

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 have no Idea on how many and What countries has the most users and most establishments such as Malls, Restaurants etc. that accepts bitcoin but I guess it could be China, Singapore and some countries from Europe and in America. and I think, my country has the least users and establishment that actually accepts bitcoin for some transactions.

[azguard]

...

azguard

Today we have been in Budapest, Hungary.  On our nearly one week river cruise (Bavaria, Austria and Budapest), I have seen ZERO Bitcoin signs or ads (course I do not see many in the USA either).

Also, I have been with my family doing tourism, not BTC stuff...

I have been able to find gold and even platinum (latter in Vienna) in central Europe with no problem.

Tomorrow we are off to Prague, a much more friendly BTC place I read (Slush).  I'll poke around and see what I can find.

well i can say that i have been in all these countries i been in some and i must say that i heard in coffee they talk about mining and crypto stuff i was excited when i first heard that still this list was taken from cryptocompare site they sure did some background check but i dont see some other friendly countries there and i dont know what was criteria for this list

[deisik]

I agree to those people who said that Singapore is the most friendly countries when it comes to bitcoin, because Asians people are the people who is grabbing the opportunities that will give benefits to them, they are open-minded in short. Bitcoin is very popular around the world so for me, the most friendly countries when we are talking about bitcoin is those big countries like America, and so on.

you dont say that America belongs to bitcoin friendly country ,IRS gave statement last time that they legally want to pursue tax collection to people from America using Coinbase platform they want all information about them and to track their transaction how come you said that they are one of the friendliest bitcoin country so your comment is invalid.

Bitcoin as such has nothing to do with that

The US has always been known for its severe penalties including imprisonment if you get caught with tax evasion. It doesn't matter whether it is Bitcoin, gold, or something else that you aim at tax evasion with. None other than Al Capone, the famous Chicago gangster from the roaring 1920s and early 1930s, ended up convicted and sentenced to 11 years in prison for income tax evasion in the amount of $388,000...



So, if you are a US citizen and don't want to end up like him, you'd better not mess with the IRS

[HatakeKakashi]

I think is the Philippines is one also Bitcoin friendly country I think is on the top 10 . because Philippines have more people that using Bitcoin. Philippines have many exchanging site to buy Bitcoin like coins.ph its easy to buy Bitcoin and cashout it. My country also have Bitcoin ATM but its 2-3 machine only but in the past few days more people in my province use Bitcoin to buy a gadget or buying load. I don't think who is the no.1 Bitcoin friendly country can I know it guyz who knows?

[nejibens]

I think China, USA are the most BTC friendly countries. There is a lot of Bitcoin's users from this countries and that's easily noticed, but in the other hand Bitcoin is really worldwide currency and its used even in Africa and in the 3rd world countries, because its more easy to people there to use Bitcoin than using Paypal -for example- which don't support the most of the 3rd world countries.

[rapazev]

CHOYNA!
to all your questions.

but thankfully bitcoins is getting more accepted each day. Not only because of bitcoin adoption, but third party services too(payment gateways).
today i can buy anything using my bitcoin debit card even if the vendor doesnt know what bitcoin is.

[TastyChillySauce00]

CHOYNA!
to all your questions.

but thankfully bitcoins is getting more accepted each day. Not only because of bitcoin adoption, but third party services too(payment gateways).
today i can buy anything using my bitcoin debit card even if the vendor doesnt know what bitcoin is.

Actually, if bitcoin is adopted by some companies as their alternate payment method, the one who is going to get the benefits is the companies themselves. but unfortunately they just don't have the balls to take this step, I honestly don't know why but it's such a problem on bitcoin adoption
they're not going to lose anything by the way

[raven7886]

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?

This is only China who has billions number of Bitcoin user because here in this country the cost of electricity spent is very low so it is very easy to mine Bitcoin through hardware Bitcoin miner .

Yes, as Chines are hard workers, they really get benefit from every thing, their products are famous in all over the world for having low prices.

As miners of bitcoin will be more in China than any other country, we can assume more bitcoin users there so large bitcoin community too. That also can be one of the measurement for being bitcoin friendly country.

[fiscorcle]

You would think that most country would tolerate and even be more accepting of bitcoins within their borders but after reading some of the comments on this thread I am beginning to think otherwise.

[Wowcoin]

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.

Maybe philippines is a bitcoin friendly because many people use it and and many can used bitcoin in different transaction. Filipino now in online investment and online store they use bitcoin and accept bitcoin as a payment. So maybe Philippines is one of the most bitcoin friendly country.

[5thangel]

Global Trade Need A Global Currency ! A virtual currency like Bitcoin could open up an array of new markets

[conected]

   Most of the countries are bitcoin friendly. There is two ATM's in my little country. China, USA, India, Brazil, Russia and other big countries have most users, they have more bitcoins. But there is bunch of other little countries that give a little contribution to bitcoin. Some little country like mine have more chances to adopt bitcoins and change all government structure then some big one.

I do not agree with you. I live in the country which accepts bitcoin as a type of payment so currently I can use my Bitcoin whenever I want. However, most of the countries around the world criticize bitcoin and do not accept Bitcoin at all. People in these countries still think that Bitcoin is something which is not reliable, trustful and able to steal their money. Luckily, we are not living in those countries but we must have to figure out the way to globalize bitcoin in order to use it worldwide, not only in some developed countries

[jacafbiz]

I will go for these African countries, Nigeria, Ghana, South Africa and Zimbabwe. I don't think there is any legislation on Bitcoin use there and also the price is striving

[justdimin]

I will go for these African countries, Nigeria, Ghana, South Africa and Zimbabwe. I don't think there is any legislation on Bitcoin use there and also the price is striving

I think no need to rush now itself, as bitcoin is really going to be legal in all over the world because the adoption rate of bitcoin is continuously increasing and this will really put pressure on government to consider their stands on bitcoin as friendly as possible. So these African countries will not be an exceptions.

[azguard]

I agree to those people who said that Singapore is the most friendly countries when it comes to bitcoin, because Asians people are the people who is grabbing the opportunities that will give benefits to them, they are open-minded in short. Bitcoin is very popular around the world so for me, the most friendly countries when we are talking about bitcoin is those big countries like America, and so on.

you dont say that America belongs to bitcoin friendly country ,IRS gave statement last time that they legally want to pursue tax collection to people from America using Coinbase platform they want all information about them and to track their transaction how come you said that they are one of the friendliest bitcoin country so your comment is invalid.

Bitcoin as such has nothing to do with that

The US has always been known for its severe penalties including imprisonment if you get caught with tax evasion. It doesn't matter whether it is Bitcoin, gold, or something else that you aim at tax evasion with. None other than Al Capone, the famous Chicago gangster from the roaring 1920s and early 1930s, ended up convicted and sentenced to 11 years in prison for income tax evasion in the amount of $388,000...

So, if you are a US citizen and don't want to end up like him, you'd better not mess with the IRS

Its ok if there are doing this i know that US tax is something that you dont mess up, im from Europe and if they are doing that just to see how many US citizens are in this ok then but if they want to use this data to see how many people are using it then its something else i must say.