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Author Topic: BitCoin Friendly Countries  (Read 12569 times)
carlisle1
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December 11, 2016, 09:25:33 AM
 #181

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/

From what I've read from this article, it's very interesting to see how countries have accepted the future. I would like to know how Estonia become a digital society. They have applied the blockchain technology to real life applications, and that's amazing. Digital community, that's what they are to me.

Denmark is also a fascinating country to live in, from the article, it is stated that they are the most developed countries regarding living standards and technology. I'm envious of people who live there and who are exposed at an early age of a technological environment.

These are the countries I think that are friendly with Bitcoin.

I also would like to know this to be honest, never even knew it if I really think about it, I hope also a lot more countries will step in soon or later.
Actually almost all countries are now contributing and more countries right now are aware about bitcoin because i notice right now that more stores online are accepting bitcoin as payment. they are using gocoin to ask a payment.. and some contribute to add stores locally that accept bitcoin as payment..  like in paris.. here in my country bitcoin is useful and friendly that we can use in our business..

yes it's really good we can already use bitcoin for loading and maybe we can accept bitcoin for some of our business as payment just like Mini Grocery for example . I am hoping that it will be also used to some other business like in restaurants or coffee shops and even convenience store and more so we can be able to use it directly .
This service is already available on my local wallet provider on which you could able to load your mobile phone and even pay bills on it either water and electricity and also you could able to pay off your tuition fees with it which is really a good thing for us bitcoin users.

same with the web wallet services that we are using here in my country, aside from mobile prepaid load we can also pay various bills including the electricity and water bills, telecom, internet bills, credit card, cable channel provider,insurance, social security systems distribution and even tuition fees . you are right it's really great to have this services on our wallet provider by the way good to know that we have similarities on our wallet .
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December 11, 2016, 09:40:52 AM
 #182

there is currently a lot of countries can be friends with bitcoin. perhaps some East Asian countries are already implementing the next bitcoin in everyday life. in the country as well, I've heard that local authorities support the wider use of bitcoin.
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December 11, 2016, 10:31:08 AM
 #183

I read that Russia want to accept more and to bring it to more use, didn't they ba n it and now they want it back.
What are they doing now?

They are doing basically nothing

And that's good for us, ordinary bitcoiners. And may be good for the government as well. As long as Bitcoin remains in the gray zone of sorts, no one has to do anything. At first, the Russian government had been threatening to outlaw the use of bitcoins and promised to make bitcoiners into criminals, but they did nothing to turn these threats into something more substantive. After Bitcoin got some traction across the world, they changed their stance toward more friendly attitude unofficially declaring it as a foreign currency, but nothing has been done in that direction so far

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December 11, 2016, 12:42:15 PM
 #184

Singapore is one of the most Bitcoin-friendly countries. Switzerland is another one. The government tolerates the use of Bitcoins. On the other hand, a guy was detained in France after a policeman heard him uttering the word "Bitcoin".
most of the european countries like sweden, denmark, netherlands are bitCoin friendly.
While most of the Asian and African countries does not. There are too many third world countries and they are still under developed. They are too obsolete to accept new technologies and gadgets. The government believe that Bitcoin can destroy the whole politic system so they decide to ban it without any reasons.

I don't think that third world countries have anything fundamental against new technologies or gadgets. It is more to do with losing control. These countries like to control everything, especially monetary policy. Bitcoin would hit at the fundamentals of that.


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December 11, 2016, 07:27:29 PM
 #185

If you go by the amount of mining then I guess China will be on the top. Canada has shops and atms that use bitcoins also startups that use bitcoins.

Read about top 10 Bitcoin friendly countries here: https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/
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December 11, 2016, 08:24:19 PM
 #186

Singapore is one of the most Bitcoin-friendly countries. Switzerland is another one. The government tolerates the use of Bitcoins. On the other hand, a guy was detained in France after a policeman heard him uttering the word "Bitcoin".
most of the european countries like sweden, denmark, netherlands are bitCoin friendly.
While most of the Asian and African countries does not. There are too many third world countries and they are still under developed. They are too obsolete to accept new technologies and gadgets. The government believe that Bitcoin can destroy the whole politic system so they decide to ban it without any reasons.

I don't think that third world countries have anything fundamental against new technologies or gadgets. It is more to do with losing control. These countries like to control everything, especially monetary policy. Bitcoin would hit at the fundamentals of that.

What you are saying is correct to some extent but i dont think that is fully right, in India their is no law on bitcoin as if you are using bitcoin and showing it in tax with correct info their is no problem, they are giving problem to the persons who are not using bitcoin in legal way.
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December 11, 2016, 08:43:59 PM
 #187

If you go by the amount of mining then I guess China will be on the top. Canada has shops and atms that use bitcoins also startups that use bitcoins.

Read about top 10 Bitcoin friendly countries here: https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/

It is true that by mining you are telling about china but the investor and the owner of that mining setup are outside of china , who have given contract to china to mine as the expenses are cheap their. Apart from that mainly european country are more friendly country for bitcoin as they dont have any other source of income apart from their tourist income.
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December 12, 2016, 11:19:08 AM
 #188

Last thing that i read was that India want for Bitcoin to be alternative value. This is major step for them and for us in bitcoin community hope this event will be good for all of us in order to at least keep price at this current level.



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December 12, 2016, 09:58:11 PM
 #189

all countries are technically bitcoin friendly as long as you have internet




more countries need BTC ATMs tho, would help immensely
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December 13, 2016, 06:38:07 AM
 #190

all countries are technically bitcoin friendly as long as you have internet




more countries need BTC ATMs tho, would help immensely
Some of country were already banned bitcoin. Although they cannot give any impact to bitcoin by banning bitcoin, becouse the user still can use various vpn. I think bitcoin friendly country is usa and japan.


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December 13, 2016, 08:01:20 AM
 #191

all countries are technically bitcoin friendly as long as you have internet
more countries need BTC ATMs tho, would help immensely
Some of country were already banned bitcoin. Although they cannot give any impact to bitcoin by banning bitcoin, becouse the user still can use various vpn. I think bitcoin friendly country is usa and japan.

And when you mentioned Japan here now news that i read they want to drop out tax of 8% for any purchase online with bitcoin, cuz they seen that sales in that side drop drastically in this year.

Hope this will be good example and for other countries to accept this method.



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December 13, 2016, 08:04:09 AM
 #192

all countries are technically bitcoin friendly as long as you have internet
more countries need BTC ATMs tho, would help immensely
Some of country were already banned bitcoin. Although they cannot give any impact to bitcoin by banning bitcoin, becouse the user still can use various vpn. I think bitcoin friendly country is usa and japan.

And when you mentioned Japan here now news that i read they want to drop out tax of 8% for any purchase online with bitcoin, cuz they seen that sales in that side drop drastically in this year.

Hope this will be good example and for other countries to accept this method.

Ya it is very nice to hear that Japan is giving bitcoin some importance apart from this country some European country are also made bitcoin legal and the users of this country are now able to use bitcoin in so many shops like fiat currency.
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December 13, 2016, 08:40:02 AM
 #193

Singapore is one of the most Bitcoin-friendly countries. Switzerland is another one. The government tolerates the use of Bitcoins. On the other hand, a guy was detained in France after a policeman heard him uttering the word "Bitcoin".
most of the european countries like sweden, denmark, netherlands are bitCoin friendly.
While most of the Asian and African countries does not. There are too many third world countries and they are still under developed. They are too obsolete to accept new technologies and gadgets. The government believe that Bitcoin can destroy the whole politic system so they decide to ban it without any reasons.
As long as the country doesn't ban bitcoin or state it's illegal which could lead you to the jail if you used it, I think the country still friendly to cryptocurrency due to many countries the state does not regulate or had no plans to regulate bitcoin, so the citizens is free to transact in some other currency in a shop if they wanted to. We know that China and US are the countries with the largest bitcoin transactions (miners and trading).
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December 13, 2016, 08:56:08 AM
 #194

these are countries that have accepted bitcoin as a means of payment  and  also over 60 percent of the populist most have know of bitcoin and  also know it monetary value and as such many of them must have trad it for good and the government of the day must  have also given right to it  as a model of payment.
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December 13, 2016, 09:20:36 AM
 #195

Over here, I wont say we are friendly neither are we not because the only means I can spend my Bitcoin is to find a way to first convert it to FIAT before spending which is hostile by my own definition on the other hand, I can trade free without the fear of breaking any law of the land then I can say that is also friendly. So we kind of in-between the two and I am sure as time goes on and the popularity if Bitcoin increases, we will definitely pick a side because in this new crypto-world, we cannot afford to sit on the fence...
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December 13, 2016, 10:01:05 AM
 #196

all countries are technically bitcoin friendly as long as you have internet




more countries need BTC ATMs tho, would help immensely
Some of country were already banned bitcoin. Although they cannot give any impact to bitcoin by banning bitcoin, becouse the user still can use various vpn. I think bitcoin friendly country is usa and japan.
If the countries which are going to ban or were already banned bitcoin is not so much into bitcoin and having such a low bitcoin users then it's indeed they won't giving such a big impact to bitcoin. But, if the countries which are going to ban bitcoin are like china where most of the majority mining power come from then bitcoin will be really affected. And it's right that you can easily bypass the banned by using VPN but if there's some regulation regarding this thing and may have the chance to be sentenced or punished. I would consider not to bypass

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December 13, 2016, 10:53:38 AM
 #197

Well,In this digital world we all are passing our daily life most on internet.In BitCoin Friendly Countries case we are connected each other with internet technology although some of countries govt. didn't permission to use bitcoin,there are restriction or other issue but in my experience i can say that it's not a problem at all cos i'm still using it without any bad experience while my country already banned it.

As Bitcoin is the digital currency of the Internet which distributed worldwide so ultimately it doesn't a matter in some countries Bitcoin is banned, while in others it is legalised.

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AUTOMATED CRYPTO TRADING STRATEGIES MADE SIMPLE
▁▁         Whitepaper   █   Token sale will start on Feb 7, 2018   █   Announcement         ▁▁

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rocketloki
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December 13, 2016, 11:32:08 AM
 #198

BitCoin is a really great alternative to all other currencies and regulated markeds. It has been a pleasure to get started to accept BitCoins and find out all the wonderful benefits.

Even China may be the leading miners they will not dominate in the long lasting battle of the bitcoin marked.
Daniel91
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December 13, 2016, 02:59:58 PM
 #199

It's difficult to answer such question but I can share situation in Croatia.
We just got first 2 bitcoin ATM in our country.
Some offline merchants already accept Bitcoin as payment method and many more merchants online.
We have local Bitcoin exchange, regular meet ups etc.
In media we can already find some good articles about Bitcoin.
It's not much but it's the beginning Smiley

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delliaerd
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December 14, 2016, 06:23:23 AM
 #200

There are so many bitcoin friendly countries. USA, austria, belgia, holand, bulgaria, kanada, colombia, swiss, argentina, denmark, liberland, france and so many more. But all those countries were only regulated the transaction which use bitcoin, they still use their national fiat as payment option beside allow the people to use bitcoin. Atleast it is proof that bitcoin is getting more popular and stronger.

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