Bitcoin Friendly countries

[zoran.drobnjak]

If you choose Europe, decisive factor should be input costs for mining, labour and regulation.
Below link can provide you with some useful info comparing different jurisdictions in terms of electricity cost.

http://ec.europa.eu/eurostat/statistics-explained/images/8/8c/Electricity_prices%2C_first_half_of_year%2C_2015-2017.png

[TGD]

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.

japan i am salute and make this for so that this can be able to make some way that they are now can use digital currency even now it can be done but unfortunately lack of taking some attention in bitcoin.

[palle11]

Most of the countries I see listed have no full adoption for bitcoin, they are merely partial while some are considering to legislate on it. For instance, according to this thread, some states are looking at it in the U S lately https://bitcointalk.org/index.php?topic=2966685.msg30540086#msg30540086

However, above all, it is Japan that has been positive about bitcoin. Japan was positive last year after China banned icos.

[Jexjatto]

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 think the list countries are, Japan, USA, Nigeria, just to mention a few tho,... Check the rest up on google ..

[illnino]

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?

This is really interesting thing but in the countries where political regimes are authoritarian, such countries are supporting cryptocurrencies even more than technically improved states do it.

[anushkasachith888]

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?

This is really interesting thing but in the countries where political regimes are authoritarian, such countries are supporting cryptocurrencies even more than technically improved states do it.

How do you say and what made you to say so? Give me some examples of countries who ruled by regimes and supporting crypto currencies more than democratic countries ?

[katrimans]

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.

Japan is making goodwill with bitcoins since last few years and till now they are going so amazing throughout the world. China has been better in dealing with crypto currencies but they somehow damaged their stance by banning some exchanges and other. America and some other europion countries are putting their best in the field but that is not much satisfactory.

[rhayot]

As per the research in the internet, one of the most friendliest country in asia about bitcoin is japan, they accept bitcoin/cryptocurrencies and they patronizing it. As well as the countries in United Kingdom they have the largest amount of users, using bitcoins and cryptocurrencies. It is a good market about bitcoin because it will be recognized in the whole world and hopefully it will be more legalized by the government.

[afanase]

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?

U.S is the best place as there are huge number of exchanges. My country also has some restrictions but bitcoins are legal.

[GreatArkansas]

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?

My one of the best example is the country of Japan. There are many people using bitcoin in the japan and look how it works and how it change the economy of Japan. Many people love to use bitcoin, because it helps our daily lives for more comfortable and security of our funds.

[Aqcizromencez]

my country is also classified not too crowded but for just buying and selling still allowed. but for bitcoin to the goods should not be or violate the law in my country .. would be nice in a country that is already friendly with bitcoin like japan, hopefully in my country someday friendly with bitcoin.

[Ailmand]

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. 

I agree with your list. I have read so many articles about these countries embracing and seeing the potential bitcoin has. I think, in the list, you can see the commonality with the countries supporting cryptocurrency; they are the countries that are technologically inclined and are not afraid to venture on something that despite it being new, would give a lot of good potential.

[coinstalker23]

Every hour or every day there's a news about the regulation of bitcoin and other cryptocurrencies in a different country and the market is being affected by it. Japan: one of the biggest trading hubs on the worlds and one of the nicest place to be involved in cryptocurrency but cryptocurrency is still not recognized as a legal tender. Denmark: They are much open on the cryptocurrency business because they don't see it as a currency and you can use it freely there.Sweden: It is one of the early adopters of the blockchain technology and they don't have regulations on how you can use bitcoin here, I've seen some article about their country that they are trying to be a cash-less country.

[Jenn09]

Here in our country in Philippines is also a bitcoin friendly also. We can find some establishment accepting bitcoin as payment, even restaurants and also in paying for our ride. We can see also many ATM machines that can dispense money from bitcoin. Hoping to more improvement in terms of using bitcoin here in our country.

[Sasuke102001]

Yea even my country is turning against bitcoin and other alternate cryptocurrencies that is India is joining some other countries in banning bitcoin from the countries economy. But many counties are friendly to bitcoin and have allowed bitcoin to be a part of their economy like USA, Japan and Australia. Maybe many other countries would come forward and accept bitcoin and many would ban it.

[alekseidanilov0803]

Most people never thought about what really is money money is not wealth it's just an accounting system.

[anushkasachith888]

Yea even my country is turning against bitcoin and other alternate cryptocurrencies that is India is joining some other countries in banning bitcoin from the countries economy. But many counties are friendly to bitcoin and have allowed bitcoin to be a part of their economy like USA, Japan and Australia. Maybe many other countries would come forward and accept bitcoin and many would ban it.

Yes my greatest pleasure is Russia accepted bitcoin being a X communist country while so called modern capitalist countries hesitate to legalize it. following super power countries like USA, Russia other countries also will legalize bitcoin sooner later. Because no one can't escape from this technology. Blockchain is the future. Cryptocurrency is the future currency.

[White32]

A bitcoin friendly countries are Italy, United States, United Kingdom, Finland, Australia, Singapore, Netherlands, Canada, Slovenia the most accomodating of bitcoin country is Isle of man. But there are some countries that merchants accepting bitcoin by continent.
These are North africa, europe, russia, south africa, africa, oceania.

[vdirect]

I'm in Australia and it's Bitcoin friendly but I'm still not sure how to do my taxes with it

[anushkasachith888]

I'm in Australia and it's Bitcoin friendly but I'm still not sure how to do my taxes with it

I guess Aussie government still has not brought regulations on Bitcoin. may be that's why you still have no any idea how the taxes will apply on Bitcoin.