Bitcoin Friendly countries

[anushkasachith888]

After considering all facts. If I go to Europe finding a bitcoin friendly country, I will choose Estonia. It is a Baltic country. Tech nation. everything is online. even the living cost is not as high as in Western Europe. So you can make full usage of Bitcoin in Estonia. well. I like the place.
When it comes to Asia. there are many options. Japan. Vietnam. Philippines.

[appleyard]

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?

We are in the same situation before 2018 lots of banks in our country are supporting bitcoin, but know because of the bad news from the social media and international television lots of investors and banks are now against bitcoin, now we have limited way of converting our bitcoin to fiat money.

[zelenkova]

I think that in the United States bitcoins are considered as a business
Canada welcomes the use of digital currency and regards it as a profitable income
  Britain decided to give a chance to digital currency to take a place in the economy of the Kingdom
in Finland and Belgium, transactions with bitcoins are treated as ordinary financial transactions that are not taxable
in Germany the use of digital currency bitcoin is considered legal and taxed

[reyzel27]

I think there are three countries bitcoin friendly there is Japan,America and Philippines but the most friendly countries is the philippines because there are millions of users here and there might be millions of people who would want to belong the growing community who has the opportunity to get rich in a flash with all the hardworking and patience, dreams will come to life in bitcoin.

[Extrago]

I have heard that Danmark is so friendly towards Bitcoin that you don't have to pay any taxes if you are earning FIAT by selling Bitcoins.... Could someone confirm it?

I haven't heard about Denmark, but maybe it's true. Anyways, many countries are checking cryptocurrencies out as something positive. We'll see what the situation will be like in about two years.

[tiktak89]

These are many European countries, including great Britain, Eastern countries - Japan, Korea, and the United States. And the geography of bitcoin is expanding more and more.

[Hazaki]

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?

Well lots of people have posted about countries that are legalizing it or approving it's usage for people or that bitcoin status has a legal status in some of them and such countries are hard to move to / live in my opinion especially if you don't know the language and living there might be expensive thus your investment and all the trouble you'll be going through won't be worth .

But i'm saying that because i do encourage you to aim for a "3rd world country" , especially in North Africa where a minority knows about bitcoins . Moreover governments are too busy with the "almost revolutions " and the wave of revolutionary demonstrations and all the protesting against their regimens or the prices increase that the government imposed in order to pay it's debts to the IMF (International Monetary Fund ) that have given millions of dollars to such countries as loans .

Such countries are too busy to even think about new technologies such as bitcoin and cryptocurrencies , in matter of fact their people in charge might not even know about it's existence and they won't for at least the 5 years to come .
Such countries are usually cheap to live in since the inflation rates are so high that a hotel room can cost you 5 dollars per night and electricity costs is ridiculously low if you're thinking of setting up a mining farm !

Such countries suffer from "brain drain" phenomenon and even if the elite ones of their population know about cryptos , i'm sure that they already left to other developed countries to improve their life quality , therefore going to such countries should be a very good move since it's still "crypto-virgin" lands .

[cryptokirby88]

I think Bitcoin can be a friend to all country. It's a matter of understanding the bitcoin. Maybe few countries may not friendly to bitcoin but I know someday  when they understand bitcoin they will.

[Cryptagio]

Bitcoin friendly countries are the ones which do not regulate it too much)

[Granslam]

Contrary to popular belief, there are a lot of countries in the world where their regulations on cryptocurrency usage especially bitcoin-afilliated activites is either light or they are in support to the industry. An example of the first one is Philippines, because type of business in this country is legal provided that you have the requirements before establishing, light regulations are given to bitcoin to ensure it wouldn't be used for criminal purposes. While an example of the latter is Russia whose government supports the cryptocurrency industry and even had setup banks that are specifically for bitcoin use.

[BlackRacerX]

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?

Japan. Definitely Japan. They practicality invented bitcoins. Of course, as the originator of bitcoins, they have the biggest support for bitcoins to date. As far as I know, Japan has actual ATMs for bitcoins. And you can freely transact and trade your bitcoins there for leisure and daily living.

[Janademir4]

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. 

almost all countries in the continent of Europe have received Bitcoin legally in their respective countries hopefully in the continent of another continent more and more countries are receiving bitcioin in the country.
if India and Russia have begun to accept Bitcoin, hopefully future countries in other continents such as Asia, America, Africa and Australia can also accept Bitcoin in the country legally

[Bitcoin_trader2016]

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 see japan is the number one big supporters of bitcoin also korea and rusia also in philippines and some part of europe coumtrys. actualy there more countrys that open in bitcoin and in the future more and more bitcoin will truely accept bitcoin.

[Lumada]

Contrary to popular belief, there are a lot of countries in the world where their regulations on cryptocurrency usage especially bitcoin-afilliated activites is either light or they are in support to the industry. An example of the first one is Philippines, because type of business in this country is legal provided that you have the requirements before establishing, light regulations are given to bitcoin to ensure it wouldn't be used for criminal purposes. While an example of the latter is Russia whose government supports the cryptocurrency industry and even had setup banks that are specifically for bitcoin use.

Philippines were just starting to adopt it, for now they are planning to include some restrictions or warns some to be aware how risky bitcoin can be, though little by little establishments and organization were planning to use blockchain technology like how Japan and Singapore did.

[Tony_Nguyen]

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. 

Yeap, I hope that more and more countries will legalize cryptocurrencies in some ways since it has many potential values to the users/investors. Keep reading on the news to update the trends in the new countries.

[bitsharks95]

In Finland, the Central Board of Taxes has given bitcoin a value-added tax exempt status by classifying it as a financial service. Bitcoin is treated as a commodity in Finland and not as a currency. The Federal Public Service Finance of Belgium has also made bitcoin exempt from value added tax.

[Barcode_]

I think the Japan government are holding a very friendly stance towards bitcoin, there are a lot of retail shops in Japan that are willing to accept bitcoin as payment for their goods and services, and the numbers of crypto-currencies exchanges that are operating in Japan is really amazing.

[anushkasachith888]

I think the Japan government are holding a very friendly stance towards bitcoin, there are a lot of retail shops in Japan that are willing to accept bitcoin as payment for their goods and services, and the numbers of crypto-currencies exchanges that are operating in Japan is really amazing.

Yes obviously Japan is the most friendly country for Bitcoin. one day Japan will remove fiat money completely in use and will adapt to digital money, Japanese nation is such an advanced nation for innovative movements.

[severaldetails]

I would like to mention Switzerland. You can already buy train tickets there using cryptocurrencies as payment. When it comes up to money, the people in Switzerland know what they are doing. To me that shows that with cryptocurrencies we are on the right track!

[anjaydut]

The most friendly country with bitcoin is japan
because the Japanese have admitted bitcoin as the currency / legal payment in japan.
Many companies pay their employees using bitcoin.and also, japan is the biggest market of bitcoin
and hopefully this positive thing, will be followed by other countries