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Author Topic: Bitcoin Friendly countries  (Read 2180 times)
Sadnu
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January 18, 2018, 07:17:48 PM
 #101

There are so many friends who are now friends everywhere in the world. but in other countries they do not have the bitcoin. Well, after China banned ICOs and exchanges, Japan took its place. I am not sure what country is most friendly, but I bet Japan maybe the one. It’s pretty hard to answer as countries are different and they all have some pros and cons.
Aderiho Bitjones
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January 18, 2018, 07:20:02 PM
 #102

I am very grateful to live in a country that is loyal to bitcoin. Well, there are bitcoin ATMs. Therefore, living a little easier than China for example. In my opinion, in the United States and Europe, this is the most appropriate
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January 18, 2018, 10:12:29 PM
 #103

Belarus and Spain have just declared there are no taxes for bitcoin trading or capital gains in their countries, effective March this year.
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January 18, 2018, 11:36:37 PM
 #104

In my  country bitcoin bitcoin is not illegal the government bank central created a regulated site for bitcoin converting to peso wallet this to ensure that there's no dirty money will circulate.
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January 18, 2018, 11:47:08 PM
 #105

One of our neighboring countries is the Netherlands, where there are BTC machines. In Amsterdam there are cafes where you can pay with BTC. That's why I would call the Netherlands BTC friendly country.
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January 19, 2018, 02:27:38 AM
 #106

Mostly Asian countries accepts bitcoin but unforunately, there are some who banned bitcoin in their countries. My country, Philippines accepts bitcoin and they have no plan of banning it although they are not endorsing it and they don't advise us to invest without proper knowledge.

anushkasachith888 (OP)
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January 19, 2018, 06:20:18 AM
 #107

Mostly Asian countries accepts bitcoin but unforunately, there are some who banned bitcoin in their countries. My country, Philippines accepts bitcoin and they have no plan of banning it although they are not endorsing it and they don't advise us to invest without proper knowledge.

not All Asian countries huh? What about countries like Mynamar,Camobodia,Pakistan,Malaysia, Sri Lanka,Kazakhstan, Kyrgyzstan,Bhutan etc... must do a research to know the facts well.

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January 19, 2018, 06:34:24 AM
 #108

The decree signed by Belarusian president Alexander Lukashenko which legalizes cryptocurrencies, initial coin offerings, and smart contracts, will enter into force in March. Cryptocurrency activities are not restricted by the decree and will be tax exempt until 2023. Cryptocurrencies Soon To Be Legal.

news.bitcoin.com
anushkasachith888 (OP)
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January 19, 2018, 07:09:01 AM
 #109

The decree signed by Belarusian president Alexander Lukashenko which legalizes cryptocurrencies, initial coin offerings, and smart contracts, will enter into force in March. Cryptocurrency activities are not restricted by the decree and will be tax exempt until 2023. Cryptocurrencies Soon To Be Legal.

news.bitcoin.com

Wow.. what a great news this is ?...amazing.. This will be another turning point of Crypto currency for sure..

dhka
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January 19, 2018, 08:19:54 AM
 #110

Europe, Japan, Canada, Isreal, Korea, US, Singapore are some major countries where bitcoin has legal status. There are many other countries like India, Rusia those are preparing a draft for bitcoin legalization. 

Awesome country they are all! Unlike mine LOL
But the good thing living in a less cyrpto friendly country is you are one among few of the early adopters
There are a lot of potential activity to earn you more money Grin

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January 19, 2018, 08:22:23 AM
 #111

I can say EU zone , for example Netherlands or Japan
They fully support bitcoin existence that will affect on bitcoin global demand !

Imagine if every country also fully adopt bitcoin as well, bitcoin will more valuable than ever !
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January 19, 2018, 08:26:51 AM
 #112

We can strongly suggest the fact that bitcoin can affect the future of any country who will support it, extremely smooth transaction and a lot more convenient than withdrawing your balance on the bank then go grab what you need for an instance food water electricity to pay for and in my country you can pay via bitcoin, this support type of method paying electricity and game cards like steam and so on 

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January 19, 2018, 08:29:31 AM
 #113

In Italy is all new, but  the first re-starts from the banks begin to exist.
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January 19, 2018, 08:33:09 AM
 #114

If bitcoin is globally accepted as a currency for trading and exchanging, then this is a great thing. There are currently a number of countries banned from the bitcoin market that affect the development of bitcoin.
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January 19, 2018, 08:36:52 AM
 #115

Europe, Japan, Canada, Isreal, Korea, US, Singapore are some major countries where bitcoin has legal status. There are many other countries like India, Rusia those are preparing a draft for bitcoin legalization. 
sad to hear in SEA only that country want accept btc as payment, I hope btc can be used in any country , any idea to help the other country who can't use btc as payment?
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January 19, 2018, 08:39:10 AM
 #116

If bitcoin is globally accepted as a currency for trading and exchanging, then this is a great thing. There are currently a number of countries banned from the bitcoin market that affect the development of bitcoin.


Yes, that's correct few countries have banned bitcoin because they think its a scam, bubble and illegal currency for them. But for those countries have friendly bitcoin one is Japan, follows to USA, sweden, some part in Asia.
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January 19, 2018, 08:48:57 AM
 #117

Where in Europe I can pay a tax for my cryptocurrency income? Paying a tax for cryptocurrency income is a true legal thing for me.
In my country if I start to buy real estate I will be suspicious and saying that I earned my money from crypto is not prof for a tax man.
My country doesn't recognize cryptocurrency and I can't pay a tax for it.
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January 19, 2018, 08:58:57 AM
 #118

Japan is friendly to bitcoin, but China is beginning to limit it. No wonder China is falling behind.
Actually, the Chinese government does not have a ban on bitcoin in its entirety and there are still ways to trade bitcoin privately, but I also think that China is inferior to Japan in accepting new things.
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January 19, 2018, 08:59:43 AM
 #119

In addition to all contributions, Nigeria, a west Africa country is a bitcoin friendly country. Many that are aware of bitcoin are really making use of it and the government of Nigeria is not against transactions using bitcoin based. I hope other Africa country are bitcoin friendly too.
Yes,heard in the news that a genuine bitcoin exchange was created in Nigeria early last year but South Africa seems to be the most bitcoin nation in Africa.

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January 19, 2018, 09:00:21 AM
 #120

Europe, Japan, Canada, Isreal, Korea, US, Singapore are some major countries where bitcoin has legal status. There are many other countries like India, Rusia those are preparing a draft for bitcoin legalization.  

you forgot to include philippines, indonesia and thailand,  Grin i thinks some of the countries in asia has their own exchange site and theres a very friendly environment that bitcoin has to adopt by this country.

dont worry OP, sooner or later bitcoin will become more eligible to use in all countries, soon to had for those countries that didnt know how bitcoin can help them as a financial solution.
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