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Question: Which of these countries can become a better market for Bitcoins in the future ?
Australia
Japan
United States of America
Denmark
Georgia
Singapore
Hongkong
New Zealand
South Africa
Norway
South Korea
India
Argentina
Cuba
UAE (Dubai)
Belize
Chile
Papua New Guinea
Panama
MALTA
Ecuador
Sweden
Netherlands
Zaire / DRC Congo
Democratic Republic of Sao Tome and Principe
Republic of Congo
Dominica

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Author Topic: The Switzerland of Bitcoin  (Read 21726 times)
isvicre
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December 29, 2015, 01:43:59 PM
 #241

There is no Switzerland for Bitcoin. If government can't control money supply they can't use it as currency, it's that simple.
Maybe when the new world order start one nation project they have the control over majority of coins and they use it. That's a wild guess and pure speculation.

There are many economic reasons why a one nation one currency thing will never work.
Look at the Euro.

They try now, develop it for future. Everything has a beta phase, look at the history. Even Bitcoin is in beta phase and we'll develop a better crypto-currency and write history of monetary system.
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December 29, 2015, 06:06:45 PM
 #242

...

As of this moment, some 507 people have voted.  I note that most of the countries with the most votes are relatively free economies.  The USA, Singapore and Hong Kong got a lot of votes.  Norway, Denmark and Dubai also did rather well.  All of these countries make sense as places where BTC might thrive relatively unmolested.

I also note that OP did not even LIST China and Russia as candidates.  That would have made a better poll, as I think it would be illustrative that neither China nor Russia would ever be seen as a "Switzerland of Bitcoin", LOL...
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December 29, 2015, 06:23:10 PM
 #243

The USA is leading by for.
Good to see how public opinion is counted here.

Honestly my guess is japan or indonesia are more the main countries for bitcoin at the moment.
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December 29, 2015, 08:10:19 PM
 #244

I go for Japan and China. Since the chinese governemt tries to stop the uprising of bitcoin, Japan would be a better candidate.

Either way Asian is on it's way to rule bitcoin.
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December 29, 2015, 08:35:37 PM
 #245

For me the US should be the leading country in the world.
Having a big and civilized country adopting bitcoin, will motivate other countries too.
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December 29, 2015, 10:53:52 PM
 #246

I voted for China.
It's clearly they already rule bitcoin
- The largest mining pools already are in China.
- Most of the asics are made in China.
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January 02, 2016, 08:59:23 PM
 #247

In a way you right, but also wrong.
Yes bitcoin, don't need a country to use it. But remember bitcoin is about transactoins too. And imagine how much governements can safe on fees while using bitcoin

Do you really think that any government can change their currency to some internet money which they can't have control over? Their central bank wouldn't print more money, they give their whole economy to the hands of Bitcoin speculators. That doesn't make sense at all.

Your premise for this grand claim is that the government control the people instead of the people controlling government, i.e. you're a priori assuming a facististic, communistic or other authoritarian system of governance to enforce fiat central bank currencies.

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January 03, 2016, 08:28:35 PM
 #248

I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)


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wikenpp
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January 03, 2016, 08:36:17 PM
 #249

I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I do understand why the USA ar taking the lead.
Many Venture capital in bitcoin companies are from the united states.

Bit this shouldn't be the main factor.
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January 03, 2016, 08:39:10 PM
 #250

I've voted for Argentina, but really only if China or a big country like that start adopting Bitcoin massively we'll see a major shift since there are only so many satoshis for all of us. I don't think any european country or the US will adopt it soon since their currency is perfectly stable, there's just no need. But in other economies like China, Brazil, India, Russia, etc the need is there, the problem is that Bitcoin is just not there in terms of usability, that's just the truth. Plus price volatility will be a huge obstacle for many years.
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January 04, 2016, 08:01:06 AM
 #251

I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

the key items is not the mining activity, the merchants also are, and it's not controlled by chinese, and they know this

otherwise they can simply run their altcoin bitcoin, since they have 60% and more of the network and take profit from it, but they don't actually do that, guess why?
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January 04, 2016, 08:08:34 PM
 #252

I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I am amazed at how many people vote for singapore and hong kong.
Clearly Asia is the favourite for bitcointalk.org users.
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January 05, 2016, 08:51:47 PM
 #253

I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I am amazed at how many people vote for singapore and hong kong.
Clearly Asia is the favourite for bitcointalk.org users.

Yeah I expected 1 or 2 countries in the top 10, but so many.
European countries are really the underdog here, not sure why since we got a lot of miners + pools.
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January 06, 2016, 03:59:03 PM
 #254

I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I don't think this is the actual result, it's main how people want to promote their own country.

Sure the population of bitcoin users here are reflected but where are factors like; pools, nodes, venture capital, service providers refecleted in this chart?

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January 08, 2016, 11:49:47 AM
 #255

List needs to be more comprehensive because I dont see the UK or Ireland on it.
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January 23, 2016, 11:41:43 AM
 #256

It is very likely because there is a fear of Bitcoin regulation. There are some states which are very Bitcoin-friendly but it holds not to the governement and most state authorities.

I think this says enough:

Most people count Europe out as a heaven for bitcoin.
I did too, since my guess only China can be the one country for bitcoin since they control the key items.


Australia    - 22 (4.3%)
Japan    - 35 (6.8%)
United States of America    - 71 (13.8%)
Denmark    - 22 (4.3%)
Georgia    - 8 (1.6%)
Singapore    - 59 (11.5%)
Hongkong    - 53 (10.3%)
New Zealand    - 22 (4.3%)
South Africa    - 10 (1.9%)
Norway    - 30 (5.8%)
South Korea    - 12 (2.3%)
India    - 33 (6.4%)
Argentina    - 26 (5%)
Cuba    - 10 (1.9%)
UAE (Dubai)    - 22 (4.3%)
Belize    - 14 (2.7%)
Chile    - 6 (1.2%)
Papua New Guinea    - 21 (4.1%)
Panama    - 13 (2.5%)
MALTA    - 3 (0.6%)
Ecuador    - 0 (0%)
Sweden    - 7 (1.4%)
Netherlands    - 10 (1.9%)
Zaire / DRC Congo    - 2 (0.4%)
Democratic Republic of Sao Tome and Principe    - 0 (0%)
Republic of Congo    - 4 (0.8%)
Dominica    - 0 (0%)

I do understand why the USA ar taking the lead.
Many Venture capital in bitcoin companies are from the united states.

Bit this shouldn't be the main factor.
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January 23, 2016, 11:57:14 AM
 #257

I live in Australia and there are barely any Bitcoin users. In Sydney, there is only Bitcoin atm's.
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January 23, 2016, 07:02:44 PM
 #258

Another option would be Isle of Man which is not mentioned here I think. We all focused in rather big countries and economies but this one is actually doing the heavy work already. Is not really a country but a self governing british island (not really the same but the closer example in the poll would be Honk Kong I guess).

http://www.bloomberg.com/news/features/2015-09-07/isle-of-man-tax-haven-with-tailless-cats-becomes-bitcoin-hub
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