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Author Topic: Bitcoin Friendly countries  (Read 2180 times)
maaydin
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February 07, 2018, 03:43:31 PM
 #161

China is an interesting country in this case because so many investors, ICO`s, exchanges and coins are originated from China but China bans the crypto it is interesting as China have to be a friendly country
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February 07, 2018, 03:44:45 PM
 #162

It's kind of simple. The countries that have capital controls, like China, India, most of south-east asia and places like Venezuela, have banned bitcoin, because it's a way of avoiding capital controls and therefore avoiding control by the state.

In the free countries that have no capital controls, there is no reason to ban bitcoin or cryptocurrency at all. And there are lots of reasons to embrace it, especially if it makes the financial sector more efficient.

 
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fiulpro
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February 07, 2018, 03:44:51 PM
 #163

Well here are the very few :-

Russia
Japan
Europe
Australia
Canada
US
Finland
Belgium
Germany

Every country is friendly in it's own way and I feel that Japan and US are the friendliest of them all..

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Jossy111
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February 07, 2018, 03:50:54 PM
 #164

my country for example is a lover and friend for bitcoin lots of us here are trading on internet with cryptocurrencies especially bitcoin. there are some market and shopping that accept bitcoin here in my country . I know of others countries around the world that accept bitcoin, countries like Israel, USA, Korea, Singapore, Indonesia and many more. and I believe it will soon spread to many other countries of the world.
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February 07, 2018, 03:51:43 PM
 #165

Japan and Canada!
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February 07, 2018, 03:53:41 PM
 #166

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

It is possible that the United States and Japan even all countries have almost accepted the presence of bitcoin, but only some countries still reject it even to want to drop with the issue that does not make sense ..
Rubble898zaitO
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February 07, 2018, 04:01:34 PM
 #167

Japan is on top of the list when it comes to Bitcoin friendly countries, they have accepted it and maximazing its potentials, there are even companies there which already pioneered the Bitcoin as their mode for salaries, payroll system. Also I may add Philippines where there are a lot of Bitcoin enthusiasts as well as they already have some establishments that accepts Bitcoin as mode of payment for products and services.
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February 07, 2018, 04:16:46 PM
 #168

The bitcoin is accepted in countries like Japan (It is already legal) in some countries of Latin America it has not been regulated like Venezuela, Brazil, Chile, Mexico, and some European countries, recently I believe that Russia has also approved it.
imlosser
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February 07, 2018, 04:17:33 PM
 #169

i think canada. canada government very friendly about bitcoin.

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February 07, 2018, 04:23:24 PM
 #170

I think Japan is the most Bitcoin friendly country on Earth. Then there are Switzerland, Venezuela and Baltic Countries like Lithuania and Estonia.

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February 07, 2018, 04:26:11 PM
 #171

Japan is on top of the list when it comes to Bitcoin friendly countries, they have accepted it and maximazing its potentials, there are even companies there which already pioneered the Bitcoin as their mode for salaries, payroll system. Also I may add Philippines where there are a lot of Bitcoin enthusiasts as well as they already have some establishments that accepts Bitcoin as mode of payment for products and services.

Yes - and their stance is pushing other countries to accept it too.

Singapore has just confirmed that it won't be banning cryptocurrencies:

https://kryptomoney.com/cryptocurrencies-will-not-be-banned-in-singapore/

I'm pretty sure it's because they don't want Fintech to migrate to Japan instead.

 
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Shishir99
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February 07, 2018, 04:27:43 PM
 #172

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?
I am also on same boat as like you.Using bitcoin is illegal in my country.
I think Japanese are friendly towards cryptocurrency.
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February 07, 2018, 04:44:08 PM
 #173

I agree with this articles: https://coinsutra.com/tax-free-bitcoin-countries/, Countries With 0% Tax On Bitcoin is the best Bitcoin Friendly countries.  Grin

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February 07, 2018, 04:46:40 PM
 #174

there are several countries in this part of the world that strongly supports the development of bitcoin in their country, one of them is USA, Canada, Japan, Europe, Isreal, South Korea. but unfortunately in my country (Indonesia) has not been too open to this crypto problem.
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February 07, 2018, 05:00:37 PM
 #175

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

It is possible that the United States and Japan even all countries have almost accepted the presence of bitcoin, but only some countries still reject it even to want to drop with the issue that does not make sense ..

This two powerful country already embraced the chain and no matter how those other countries reacted they will have some influenced from it, so for sure in due time those countries who still rejecting the possibilities to recognized bitcoin will also start using it on their own ways, just needed to give them more advance knowledge about bitcoin and how useful it is if they knew how to use it properly.
anushkasachith888 (OP)
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February 07, 2018, 05:41:31 PM
 #176

I think Japan is the most Bitcoin friendly country on Earth. Then there are Switzerland, Venezuela and Baltic Countries like Lithuania and Estonia.

Is Estonia a good country to live ? I don't know anything about this country. must look for info..

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February 08, 2018, 05:58:43 AM
 #177

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

As I know the friendliest country to Bitcoins is Japan. Canada is also very loyal to people who are involved into crypto activities and ICOs. Curios, but it seems Russia is not going to restrict trading and mining.
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February 08, 2018, 06:08:46 AM
 #178

countries that receive bitcoin like japanese argentina and others but there are still many countries that will follow in the footsteps of cuman now the country is still in preparing everything for bitcoin would be acceptable to the country.
 
futuristic18
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February 08, 2018, 06:46:36 AM
 #179

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

Its legal in
Europian union, Canada, United States, Mexico, In central America - Nacaragua, In Northern America - Algeria (bitcoin is legal currently but there is a news that it may be banned here), Caribbean countries, In south America - Argentina, Brazil, Chile, Columbia
West Asia - Isreal, Soudi Arabia, Jordan, Lebonon, Turkey, Iran



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February 08, 2018, 06:50:25 AM
 #180

There is a new wave of acceptance for Bitcoin coming in, which will be to be a holder and user of Crypto Debit cards. I have a Mastercard version now which allows me to spend Bitcoin and 7 other currencies anywhere across the globe that shows the MC symbol. I can also withdraw cash from an ATM. This get's around any local restrictions your locality may impose on crypto.

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