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Question: Which countries are leading the Bitcoin mass adoption & most BTC friendly?
Japan - 6 (37.5%)
Switzerland - 3 (18.8%)
USA - 0 (0%)
Germany - 0 (0%)
South Korea - 0 (0%)
Denmark - 0 (0%)
Singapore - 1 (6.3%)
Canada - 1 (6.3%)
Mexico - 1 (6.3%)
The Netherlands - 3 (18.8%)
Estonia - 1 (6.3%)
Total Voters: 9

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Author Topic: Bitcoin Mass Adoption & BTC Friendly Countries  (Read 539 times)
mynhpark (OP)
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April 14, 2017, 09:35:47 AM
Last edit: April 14, 2017, 11:11:35 AM by mynhpark
 #1

Many countries have demonstrated their willingness/friendliness , whether on behalf of the population, the government or both, to embrace Bitcoin’s innovative technology.

For example, The Netherlands has its own “Bitcoin City” i.e. Arnhem with over 100 merchants. Here, a Bitcoiner could probably get everything he wants including gas, accommodation, bicycles, and even dental services. You can even find a Bitcoin Embassy in the heart of Amsterdam. Moreover, they have their own digital currency called Gulden. Another well known Bitcoin friendly location is called the cryptovalley (Zug) in Switzerland, where you can easily pay government public services and train tickets using Bitcoin.

Moreover, the small baltic nation of Estonia not only has a history of jumping on the latest technological innovation, but its tech-friendly government seems willing to implement innovations like blockchain technology for healthcare, banking services and even governance by allowing its citizens to become “e-Residents.” This service also gives Estonian citizens and businesses digital authentication. It was also one of the first to use a blockchain-based e-voting service that enables people to become shareholders of Nasdaq’s Tallinn Stock Exchange.
 
Which country do you think is leading the Bitcoin mass adoption & most BTC friendly and why?



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April 14, 2017, 10:07:36 AM
 #2

Which country do you think is leading the Bitcoin mass adoption and why?
Biased question.  Mass adoption definitely isn't happening yet.  The majority of the current price is based on speculation and investors rather than adoption as a currency - the adoption hasn't increased very much since 2013 and yet we've been playing with the 2013 ATH for ages up high because of investors.

I'm sure lots of people will vote Japan, but a country accepting that Bitcoin has properties like a currency doesn't mean that it'll achieve mass adoption as if it's legal tender, just because a chain of technology related stores will accept it.  Some people need a sense of scale.

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April 14, 2017, 10:12:19 AM
 #3

this poll is complete random list of countries that you came by and the second one is not even a country. (typo?).

anyways, as far as we know USA has been on top for more nodes, services and many more users. (at least it seems like it).
but other countries such as Switzerland has been very good towards bitcoin. for example there you can buy bitcoin from any train ticket station all over the country.
then other countries like Canada, Russia, and obviously China are in the list of countries who have been showing a lot of interest towards bitcoin both as investing in it and having real adoption.
other countries like India and many smaller or developing countries are also there but mostly they are investing in bitcoin.

and last one is the best, Japan. i think there are enough news about it that you don't need me repeating how good things are these days over there.

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April 14, 2017, 10:42:01 AM
 #4

I was searching for North Korea but can't find any.


     
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April 14, 2017, 10:52:26 AM
 #5

I think japan is leading in bitcoin mass adoption.Already,there were merchants in japan who accepted bitcoins.And now,government itself has announced that it will accept bitcoin as payment.Following this announcement,Japan's big electronic giant Bic camera has started accepting bitcoins as payment.It will continue more through out japan.Big economic super power has shown the green flag for bitcoins and hope more countries would march in the same direction.
I agree with you . Japan today has started to introduce bitcoin widespread in their country. Japanese government strongly supports the development of bitcoin. This a very good progress, I am very happy with the current situation. we are just waiting for the realization of bitcoin is legal by law in many countries.
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April 14, 2017, 10:53:24 AM
 #6

i think it is Japan, because the government really showing willingness to accept bitcoin as legal currency and there are a lot of shop accepting bitcoin at that place, in the other thread a person can have fun for 72 hours only by using bitcoin, its mean there are a lot of different sector in that country really accepting bitcoin, when people can used bitcoin for daily usage, at that time a lot of people will used bitcoin and that will lead to mass adoption


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April 14, 2017, 11:18:47 AM
 #7

Of course Japan is leading the revolution when it legalized bitcoin and has been promoted in their country like hot pancakes. Another country I see bitcoin friendly is Canada, There are a lot of bitcoin related sites you can found. Philippines has already has put bitcoin regulation as well this year so its very much bitcoin friendly too. China for its mining capacity and Poland officially recognizes trading in bitcoin and other cryptocurrencies as well. Of course, Uncle Sam, the great US of A is always there. So there are lot of countries recognizing bitcoin can than help it mass adopted in the next couple of years.


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April 14, 2017, 11:24:29 AM
 #8

In the past China has a dominance in terms of user profiles as well increased acceptance into stores. Also it got the highest number of​bitcoin miners. Now with the legalized acceptance of Japan, soon we can experience a healthy competence within countries on digital currency usage.

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April 14, 2017, 11:34:02 AM
 #9

It seems that the country which accept bitcoin is increasing. But my country isnt regulate bitcoin as payment system yet, so I think bitcoin will need more time to get mass adoption in my country. Bitcoin is good technology so when bitcoin is being legal, I am sure that fintech industries in my country will use bitcoin and automatically advertise bitcoin as option of paymenr system.

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April 14, 2017, 11:38:52 AM
 #10

Mass adoption would be for Switzerland and the Netherlands. As for innovation and integration into services and other uses, I would say Japan should be on the top of the list as well since many Japanese and their government seemed to be neutral to positive on the idea of bitcoin in their country.

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Xester
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April 14, 2017, 11:44:34 AM
 #11

Many countries have demonstrated their willingness/friendliness , whether on behalf of the population, the government or both, to embrace Bitcoin’s innovative technology.

For example, The Netherlands has its own “Bitcoin City” i.e. Arnhem with over 100 merchants. Here, a Bitcoiner could probably get everything he wants including gas, accommodation, bicycles, and even dental services. You can even find a Bitcoin Embassy in the heart of Amsterdam. Moreover, they have their own digital currency called Gulden. Another well known Bitcoin friendly location is called the cryptovalley (Zug) in Switzerland, where you can easily pay government public services and train tickets using Bitcoin.

Moreover, the small baltic nation of Estonia not only has a history of jumping on the latest technological innovation, but its tech-friendly government seems willing to implement innovations like blockchain technology for healthcare, banking services and even governance by allowing its citizens to become “e-Residents.” This service also gives Estonian citizens and businesses digital authentication. It was also one of the first to use a blockchain-based e-voting service that enables people to become shareholders of Nasdaq’s Tallinn Stock Exchange.
 
Which country do you think is leading the Bitcoin mass adoption & most BTC friendly and why?

Based on your story then the most probable candidate will be Netherlands. There are no country yet that has a bitcoin city like Netherlands at this point of time. Japan on the other hand will have a long way to go before it can be compared to that of Netherlands. But hoping someday there are many countries will be using bitcoin in daily transaction.
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April 17, 2017, 11:23:24 AM
 #12

There is still time to make up your mind and vote guys...



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