The Switzerland of Bitcoin

[myrkul]

Curious why none of you take the name of middle eastern countries like UAE ??

Name one that is stable enough, and is a democracy that can guarantee future stability.

Those two things? Mutually exclusive.

[1713922602]

1713922602

[zeroday]

Ecuador, when they adopt bitcoin as advised by Julian Assange

[dtuur]

Where is Argentina on this list?

[Ivanhoe]

You forgot The Principality of Sealand.

No, I'm not trolling. I think they, or another micronation, could very well take Switzerland's place in the Bitcoin economy.

You can't pick Sealand or other micronations, because they are not recognized by other countries. It only takes 3 boats full of cops for the UK to wipe Bitcoin out of there.

On the contrary, they've already tried to kick him out, and failed:
http://www.sealandgov.org/history

During his summing up the judge said “This is a swash buckling incident perhaps more akin to the time of “Sir Francis Drake” but it is my judgment is that the UK courts have no jurisdiction.” This was Sealand’s first de facto recognition.

Yes, but did they anything harmful to the UK except for being rebels? I don't think so. If bitcoin would base there they would wipe it out immediatly. I like your out-of-the-box thinking, i think however that it is better for bitcoin to base in a country which has better diplomatic relations with the current powers.

[myrkul]

You forgot The Principality of Sealand.

No, I'm not trolling. I think they, or another micronation, could very well take Switzerland's place in the Bitcoin economy.

You can't pick Sealand or other micronations, because they are not recognized by other countries. It only takes 3 boats full of cops for the UK to wipe Bitcoin out of there.

On the contrary, they've already tried to kick him out, and failed:
http://www.sealandgov.org/history

During his summing up the judge said “This is a swash buckling incident perhaps more akin to the time of “Sir Francis Drake” but it is my judgment is that the UK courts have no jurisdiction.” This was Sealand’s first de facto recognition.

Yes, but did they anything harmful to the UK except for being rebels? I don't think so. If bitcoin would base there they would wipe it out immediately. I like your out-of-the-box thinking, i think however that it is better for bitcoin to base in a country which has better diplomatic relations with the current powers.

I'd rather bitcoin not base in any country. It's stateless as it is, it should stay that way. Maybe Somalia? 

[Ivanhoe]

You forgot The Principality of Sealand.

No, I'm not trolling. I think they, or another micronation, could very well take Switzerland's place in the Bitcoin economy.

You can't pick Sealand or other micronations, because they are not recognized by other countries. It only takes 3 boats full of cops for the UK to wipe Bitcoin out of there.

On the contrary, they've already tried to kick him out, and failed:
http://www.sealandgov.org/history

During his summing up the judge said “This is a swash buckling incident perhaps more akin to the time of “Sir Francis Drake” but it is my judgment is that the UK courts have no jurisdiction.” This was Sealand’s first de facto recognition.

Yes, but did they anything harmful to the UK except for being rebels? I don't think so. If bitcoin would base there they would wipe it out immediately. I like your out-of-the-box thinking, i think however that it is better for bitcoin to base in a country which has better diplomatic relations with the current powers.

I'd rather bitcoin not base in any country. It's stateless as it is, it should stay that way. Maybe Somalia? 

I prefer the moon or mars.

[myrkul]

I prefer the moon or mars.

http://applicants.mars-one.com/

We need to make sure one of these guys is a Bitcoiner, then.

[legendster]

Curious why none of you take the name of middle eastern countries like UAE ??

Name one that is stable enough, and is a democracy that can guarantee future stability.

UAE is stable enough.

[botlove]

I'd like to see an exchange created within a native American reservation territory in the USA

 

[myrkul]

I'd like to see an exchange created within a native American reservation territory in the USA

That's... a really good idea.

I wonder how the AML stuff would play out.

[DoomDumas]

You must add : ICELAND to the pool, as they are aiming to become the switzerland of the information.. With cheap electricity, and an interesting geographic position, their politicians have understood the potential.. ICELAND may become to the information/internet what Switzerland was to the money !

[cr1776]

I agree, please add Iceland, The Cayman Islands, Antigua, the Cook Islands, Panama, and Monaco.  Many are tax havens and could be amenable to other ideas that would help their economies.   :-)

Edit: and Honduras  - perhaps in one of their new cities:
http://www.economist.com/node/21541392

You must add : ICELAND to the pool, as they are aiming to become the switzerland of the information.. With cheap electricity, and an interesting geographic position, their politicians have understood the potential.. ICELAND may become to the information/internet what Switzerland was to the money !

[Malawi]

Disagree about the tax-havens, as they are generally connected to crime.

BTC should be everywhere. There should be a large network of smaller exchanges that together make a huge one. Just like the internet, you want many accessspoints and you want the accesspoints to be connected to several other nodes.

Try getting your fiat in and out of the BTC, unless you are in the US, it takes days! It's quicker to get in a car drive non-stop to the receiving bank than it is to wire it.

[myrkul]

Disagree about the tax-havens, as they are generally connected to crime.

LOL... and of course Bitcoin isn't...

[Malawi]

Disagree about the tax-havens, as they are generally connected to crime.

LOL... and of course Bitcoin isn't...

My point exactly 

[thomashrev89]

in scandinavia sweden will be first, they are the technology geeks of this area.

[Malawi]

in scandinavia sweden will be first, they are the technology geeks of this area.

U sure? How about Finland? I think Finland have a pretty large footprint online compared to number of inhabitants. Hey - even Linus Torvalds is from Finland.

[legendster]

The real obstacle for bitcoin according to MY THINKING is its comparison to USD.

Lets face it Bitcoin is the currency of the future it is NOTHING like the paper money, yet when we talk about profitability for mining bitcoins we consider what is it's price relative to USD or EURO .. seriously dont you think that this is a drawback ?

I would say any country that adopts bitcoins in a way and allows small shops and local vendors to accept bitcoins instead of credit cards  and also allow banks to accept such,

If Sealand allows this then sealand it is if England allows this then England it is.

[Raize]

It's hard to take this poll seriously when it doesn't have Thailand or Iceland.

[legendster]

It's hard to take this poll seriously when it doesn't have Thailand or Iceland.

Other voters and commenters have
Explain your reason for adding those countries ? WHY are they any better ?