The Switzerland of Bitcoin

[legendster]

I think that Bitcoin would be important in some parts of Africa too.

Lol most of them (Africanos) dont have computers

But a surprising amount have cell phones.

In all seriousness I believe South Africa can be a great place to start with Bitcoin in Africa.

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[Zaih]

Australia... *chuckles*

South Africa!

[Bennmann]

Finland not on the list? Surprising:
http://www.cnbc.com/id/100618694

[kurious]

Iceland!

Possibly the coolest country in the world - and with plenty of cheap, green power for server farms....

A lot of frustrated people there who are tech savvy, highly educated and savvy with banking and exchange - they have to be!

Gets my vote - seriously.

[zero3112]

Somewhere in Asia most likely.

[legendster]

Guys take a look.

Leave Feedback PLEASE Read my entire post & all the replies/comments there before asking anything.
https://bitcointalk.org/index.php?topic=195234.0;all
Thanks

[legendster]

So I guess I should take off america from the List now ?? #Prism

[myrkul]

So I guess I should take off america from the List now ?? #Prism

I don't understand why it was ever on there, frankly.

[torbank]

Macau maybe?

[niothor]

I find it ironic that Switzerland is not on the list

[legendster]

I find it ironic that Switzerland is not on the list

I find it ironic when Iron has nothing to do with Ironic.

[caveden]

I can't answer the question, but shouldn't Panamá at least be on the list?

They have no central bank. They're also "dollarized". The Panamanian government has much less motivation to resit Bitcoin than most others, as it doesn't control money supply (so it doesn't feed itself from inflation) and it doesn't even have a central bank cartel to look after. Of course, when pressure comes from uncle Sam, they may eventually fold. But that applies to all of them.

[legendster]

I can't answer the question, but shouldn't Panamá at least be on the list?

They have no central bank. They're also "dollarized". The Panamanian government has much less motivation to resit Bitcoin than most others, as it doesn't control money supply (so it doesn't feed itself from inflation) and it doesn't even have a central bank cartel to look after. Of course, when pressure comes from uncle Sam, they may eventually fold. But that applies to all of them.

Good point, but you also failed to notice that you are the first person even mentioning Panama.

[caveden]

Not really: https://bitcointalk.org/index.php?topic=186038.msg1944078#msg1944078

But anyway, I was just trying to explain why I think Panamá is a decent candidate, not criticizing you for not having put it there from the start.

[viboracecata]

South East Asia.

[cr1776]

Your points regarding Panama are very good.

Not really: https://bitcointalk.org/index.php?topic=186038.msg1944078#msg1944078

But anyway, I was just trying to explain why I think Panamá is a decent candidate, not criticizing you for not having put it there from the start.

[flagel8]

Canada:        TIMBITCOINS!

[Carlton Banks]

It feels like there never will be one individual "Bitcoin country", the propagation so far has been thin and disparate. The imbalance of having an economy (especially a small national economy) that all but forces all foreign inflows and outflows to convert into and out of BTC should act as a natural barrier to it. What I'd expect is the low-level prevalence to gently climb amongst many economies and "common business pathways", until BTC use and inter-use get to some significant minority status within these numerous nations. Then, it's make or break (before that stage happens, transaction rate scaling problems must be solved + economic crisis must be kicked further into the rough)

Right now, the Bitcoin safe haven is confined to bedrooms, basements, apartments and datacenters across the whole world. Better than a nation state IMO.

[legendster]

It feels like there never will be one individual "Bitcoin country", the propagation so far has been thin and disparate. The imbalance of having an economy (especially a small national economy) that all but forces all foreign inflows and outflows to convert into and out of BTC should act as a natural barrier to it. What I'd expect is the low-level prevalence to gently climb amongst many economies and "common business pathways", until BTC use and inter-use get to some significant minority status within these numerous nations. Then, it's make or break (before that stage happens, transaction rate scaling problems must be solved + economic crisis must be kicked further into the rough)

Right now, the Bitcoin safe haven is confined to bedrooms, basements, apartments and datacenters across the whole world. Better than a nation state IMO.

I think we should form a virtual state.

[legendster]

Not really: https://bitcointalk.org/index.php?topic=186038.msg1944078#msg1944078

But anyway, I was just trying to explain why I think Panamá is a decent candidate, not criticizing you for not having put it there from the start.

I appreciate your research and admit my fault.