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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 21946 times)
metal_jacke1
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September 21, 2013, 05:13:48 AM
 #141

Well, I think most libertarian-minded people believe gold and silver are better and less totalitarian than fiat currency. The fact the the Chinese government is encouraging its citizens to invest in gold and silver is an indication that it is less totalitarian and communist than most Americans believe.



You do realize all the mines in the country are all or partially state owned, and the only reason they are encouraging their slaves citizens to buy it, is so the government profits.

The Chinese banks ONLY sell Chinese mined gold. Internationally mined gold need not apply. Another act of self containment which will end up destroying China internally.

not quite accurate. china imports around 2x what it mines.

http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=197040&sn=Detail

as for slaves .....well i think most here would have a similar opinion about amerikans

Not sure how you can compare American Labor Law and Fair/Minimum Wage to Chinese Sweatshops. Just google China Foxconn. Wink That one's free.
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September 21, 2013, 07:13:52 PM
 #142

I hear FoxConn has to put up nets near all the ledges on the higher stories of their building, because people were throwing themselves trying to commit suicide rather than continue working there.


Really no comparison in USA vs China in regards to slave or even slave like labor.
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September 28, 2013, 05:53:46 AM
 #143

Another vote for Iceland from me.  As people have pointed out they have a lot of things going for them  Might be an idea to get eve to accept them first though.
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September 28, 2013, 11:27:25 AM
 #144

But to help you out, look at the state of Iran's current economy. In the last 2 years it has had crippling inflation, produce is unaffordable for the average Iranian.
Why? Because the US and cooperating International Countries have levied sanctions on this murderous regime who threatens to commit genocide on an entire nation, while actively pursuing nuclear weapons. Why would you want to side with the enemy of the USA and allied countries?

If you want to attach Bitcoin to Iran you are guaranteeing that the US will focus it's efforts at destroying Bitcoin, in everyway possible. That is a line you do not want to cross.

I almost forgot to mention, their are international economic sanctions on Iran, with VERY HARSH PENALTIES for ANYONE who does business with Iran in any way, shape or form.

Plus, who the hell wants to be associated with Iran? The country's leaders regularly preach "death to the infidel" (any non-Muslims). They follow Sharia Law and accordingly cut off the hands of thieves, make raped women marry their rapist, and worse.

Oh boy, someone has swallowed the propaganda hook, line and sinker  Grin

to stay on topic: As mentioned by other people, small, technologically advanced countries like Iceland and Finland might lead the way. I would personally love to see the scenario of African countries adopting Bitcoin come to pass. Those people stand to gain a lot from adoption.

It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
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September 28, 2013, 09:24:33 PM
 #145

Finland: https://bitcointalk.org/index.php?topic=303406.0

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BobbyJo
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September 28, 2013, 09:30:43 PM
 #146

I would personally love to see the scenario of African countries adopting Bitcoin come to pass. Those people stand to gain a lot from adoption.

Many African countries are leading the way with mobile internet access etc, so it makes sense that BTC may well take off there.  Lack of infrastructure and mining  (in a BTC sense) probably limits exposure, but the concept is perfect for African communities.

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October 02, 2013, 06:42:14 PM
 #147

methinks finland is best
No way Finland. Finland stopped to accept huge russian cash deposits coming over border early 1990's. Without that move, Finland would be now really rich country... real tax heaven - but now - forget. Bureaucracy and real police state and current finnish government full of idiots. I have discussed with one finnish minister and one member of parliament few months ago about bitcoins and both admitted that they don't even know what it means. Ouch. Bye bye finland.
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October 02, 2013, 06:57:36 PM
 #148

Why not add Estonia on the poll? They have at least currently good tax laws regarding company profits (actually Estonia is 'tax heaven' as long as you keep profits in the company / or invest profits in the business) and quite dynamic government also at IT things. So, they maybe able to adpot BTC somehow fast in legal system also.
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October 02, 2013, 08:31:06 PM
 #149

    but how secure is secure?? wont the government find a way?
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October 09, 2013, 12:39:54 AM
 #150

'Merica

Bitcoin: The currency of liberty
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November 08, 2013, 10:46:32 PM
 #151

Sweden should be on there !!! as it has been a perfect hiding place for the piratebay !!
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December 15, 2013, 10:58:12 AM
 #152

`Why Malta?`

A 12-minute film highlighting the attractions of living, working and running a business in Malta, the `Why Malta` film which is available online, on usb or DVD is an excellent tool to use when talking to potential customers.

As well as showcasing Malta`s inspiring potential and great opportunities, along with its rich and cultured history, the film highlights the island`s position as a centre of excellence in a number of sectors and a perfect international hub for business.

HSBC Malta CEO Mark Watkinson describes Malta`s location as one of the world`s largest trade routes, connecting Asia, the Middle East and Europe. He also highlights HSBC`s role in supporting Malta`s growth and adding value to its economy, as well as using its global connectivity to help companies prosper at home and overseas.

`Why Malta?` focuses on the key attributes that makes Malta such an attractive business location, from its excellent telecommunications and flight connections to Malta`s Grand Harbour which lies at the crossroads of some of the world`s largest shipping routes.

As HSBC Malta Head of Commercial Banking Michel Cordina explains, HSBC aims to connect customers to opportunities with over 50 relationship managers providing that level of support and insight of the local market. He continues that Malta has a strategic location and has a huge potential to become a main hub as a logistics, warehousing and distribution centre from where companies can service European and North African markets.

Malta`s excellence across a range industries, including financial services, knowledge-based sectors, high-end manufacturing, maritime and aircraft maintenance, is also featured along with its high levels of education and its skilled workforce.

Chris Bond, HSBC Malta Head of Global Banking and Markets describes how Malta has rapidly become an International Financial Services Centre. It has benefitted from its membership in the European Union, it enjoys a robust banking sector, it has a sound regulatory framework and economic performance has been remarkably resilient especially through the financial crisis. He points out that HSBC shares the government's vision for the financial services sector to become an increasing part of local GDP.

To provide the all-important perspective of a business that has established a presence in Malta and is enjoying everything that the country has to offer, we also hear from David Walsh CEO of IT Solutions provider Crimsonwing.

As a modern, cost-effective Eurozone jurisdiction with attractive investment incentives, double tax agreements with major countries and a clear regulatory framework, Malta is an excellent place to do business. The `Why Malta?` film demonstrates the island`s business attributes in a clear, professional manner as well as showcasing its natural beauty and attraction as a great place to live and work.

Original Article


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December 15, 2013, 11:38:33 AM
Last edit: December 15, 2013, 11:52:03 AM by AnonyMint
 #153

I am thinking "better" means safe haven from government control, since you referred to Switzerland in the thread title.

All the countries you are listed are slaves to the banksters and the U.S.A.. Heck Hong Kong even pegs their currency to the dollar.

Your list is missing Ecuador!!

http://armstrongeconomics.com/2013/06/23/china-allows-snowden-to-leave-hong-kong-seek-asylum-in-ecuador/

Quote
President Correa’s background is rooted in education and economics. He spent his earlier years in education and served as a director at the Ministry of Education and Culture (MEC) after volunteering at a pre-school in remote village in Ecuador for a year. His wife is also a teacher. President Correa studied economics in Belgium and the US. His questioning of the US was after his father spent five years and a half years in prison after being convicted of smuggling drugs into the US and witnessing the lack of due process of law and the 99% conviction rate. In December 2008, Correa declared Ecuador’s national debt illegitimate, and defaulted on over $3 billion worth of bonds eventually reducing the debt by 60%. Mr Correa said he had given the order not to approve debt default describing the international lenders as “monsters”.

However keep this in mind for any country, as we saw Iceland turn back to being controlled by the USA recently:

Quote
Snowden should be careful for everything could change in Ecuador with a different President

http://www.theguardian.com/global-development/2013/sep/04/ecuador-president-failed-country-yasuni-itt

http://www.freedomhouse.org/blog/muzzling-dissent-ecuadors-yasuni-oil-drilling-plan

P.S. I am voting for India, because my (unverified) belief the people give the middle finger to the government.

unheresy.com - Prodigiously Elucidating the Profoundly ObtuseTHIS FORUM ACCOUNT IS NO LONGER ACTIVE
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December 15, 2013, 07:41:51 PM
 #154

Australia is great, however Power, water and utility companies have been looting the public and raising Cost of living in the last couple of years (among other factors). The Government has been v complacent in the insane rise of cost of living and unaffordable housing.

Also Mining in Australia would be v expensive

However, extreme cost of living in Australia gives Bitcoin adoption an advantage, as people want a currency that can keeps up with the rises.


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December 16, 2013, 12:27:28 AM
 #155

Australia is not really 'safe' for Bitcoins in my opinion the govt hasnt shown any signs of readiness to accept it there.
Ecuador, Malta and Sweden however are really on the spotlight.


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December 16, 2013, 12:29:10 AM
 #156

If you guys have a time do participate on the pole here https://bitcointalk.org/index.php?topic=369645.20 and do comment if you have to share anything that you deem useful.


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cczarek123
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December 16, 2013, 02:28:43 PM
 #157

Exactly, bitcoin need a totally different country since most of the existing countries are all tied to the same old financial system

Another possibility is off-shore tax heaven countries
AndrewWilliams
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December 16, 2013, 08:47:26 PM
 #158

Hmmm.... what about using a large retired shipping liner? As long as it stays in international waters it's safe (except from pirates. Grrrr, those damn pirates!).

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December 17, 2013, 07:23:30 AM
 #159

Cyprus? http://www.youtube.com/watch?v=tZDmpiSdTTk (starting at 22:00 minutes).

Might help them make up for the beating they took earlier this year.
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December 17, 2013, 09:38:19 AM
 #160

South Africa doesn't have any taxation for cryptocurrencies, not even capital gains tax Cheesy
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