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Author Topic: Best country for crypto?  (Read 558 times)
Xioma (OP)
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March 13, 2018, 03:08:01 PM
 #1

What's the greatest country for crypto?

I'd say it's Estonia:
"Today, almost all public services in Estonia are digitalised and accessed through secure digital identities that are provided to every citizen and resident."

"In Estonia, this distributed ledger gives citizens and residents more control over their own data."

"Estonians can log into their own records using their digital identities and then see exactly which medical professionals have done the same and when."

Source: https://medium.com/e-residency-blog/welcome-to-the-blockchain-nation-5d9b46c06fd4

I think Switzerland is also a great country for it - long tradition of banking and privacy, crypto is an asset, government open to crypto, so on.
RockBar0
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March 13, 2018, 03:11:06 PM
 #2

I do not know about Estonia. But I do know that Korea is also a country that will help the Cryptocurrency market thrive in the future. Currently there are 50,000 guesthouses, other hotels, they accept payment by Altcoin in Korea. This is a real delight for the future of digital money.
LeroyBro
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March 13, 2018, 03:13:56 PM
 #3

I do not know about Estonia. But I do know that Korea is also a country that will help the Cryptocurrency market thrive in the future. Currently there are 50,000 guesthouses, other hotels, they accept payment by Altcoin in Korea. This is a real delight for the future of digital money.

Weren't they planning to ban cryptos though? I'm not too sure what's going on over there.

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bob3772
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March 13, 2018, 03:15:54 PM
 #4

Japan is quite widely considered to be the most forward looking and accepting of cryptocurrencies. They are accepted in many places and the government have taken a good approach to regulating them in a non-harmful way. Also potentially Satoshi is Japanese, he could not be it's just a pseudonym, but if he is then it would be hard to argue against Japan, sadly we will never know.

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March 13, 2018, 03:20:56 PM
 #5

What exatly do you mean about "best" ? For mining ofcourse Russia, Indonesia, China where is low price electricity.
For open any business best is Honk Kong, Japan.
Mohamme
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March 13, 2018, 03:22:05 PM
 #6

I think Switzerland is a most friendly country to Cryptocurrency market, because most of the excellent ICO project are from Switzerland, so I think Switzerland might become a blockchain technology leading the country.

HighlanderMonk
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March 13, 2018, 03:23:01 PM
 #7

I'm not sure that to be the best country in crypto, the county should have many different policies towards the crypto law. I think the country should be enough safe, warm, cheap and have a good internet. Maybe Vietnam I'd say in that case is the best country
thelemot
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March 13, 2018, 03:33:00 PM
 #8

I just heard of this country that is estenia. I think the best country is russia. because governments are legalizing digital currency as transactions in the country. and already available ATM Bitcoin. so in essence the country has been legalized in digital currency
amrulshare
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March 13, 2018, 03:33:21 PM
 #9

Japan is quite widely considered to be the most forward looking and accepting of cryptocurrencies. They are accepted in many places and the government have taken a good approach to regulating them in a non-harmful way. Also potentially Satoshi is Japanese, he could not be it's just a pseudonym, but if he is then it would be hard to argue against Japan, sadly we will never know.
japan is one of the good crypto places but i think crypto there does not have too much demand that affects the current crypto world. korea may be the best among other countries but after the circulation statement from local government crypto there is no longer legit

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March 13, 2018, 03:36:53 PM
 #10

Japan is quite widely considered to be the most forward looking and accepting of cryptocurrencies. They are accepted in many places and the government have taken a good approach to regulating them in a non-harmful way. Also potentially Satoshi is Japanese, he could not be it's just a pseudonym, but if he is then it would be hard to argue against Japan, sadly we will never know.
Japan is bitcoin-friendly country but not sure if that was accepting ICOS just like what already done by the majority of Canadian countries right now.

Honestly, this is my first time to hear if Estonia was included in the crypto friendly country. The Japan regulation is not clear about how to determine is ico allowing to exist in the Japan or not.

I was feeling doubt about that.

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stingraydiver
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March 13, 2018, 03:38:08 PM
 #11

I have been advised that Estonia is a great country for crypto.  Many US companies with ICO's have chosen to be housed in Estonia.
mustofha91
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March 13, 2018, 03:42:43 PM
 #12

it seems a very good country for crypto I think the country that has legalized the crypto currency such as:

Russia
China
japan
usa
singapore.

and other countries will follow their steps.
Brito
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March 13, 2018, 03:43:49 PM
 #13

What's the greatest country for crypto?

I'd say it's Estonia:
"Today, almost all public services in Estonia are digitalised and accessed through secure digital identities that are provided to every citizen and resident."

"In Estonia, this distributed ledger gives citizens and residents more control over their own data."

"Estonians can log into their own records using their digital identities and then see exactly which medical professionals have done the same and when."

Source: https://medium.com/e-residency-blog/welcome-to-the-blockchain-nation-5d9b46c06fd4

I think Switzerland is also a great country for it - long tradition of banking and privacy, crypto is an asset, government open to crypto, so on.

I'm not sure about the issue, because in order to earn from the crypto currencies you only need an internet connection and knowledge. But I think one of the most friendly states is Japan.  Smiley

DarkTaiga
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March 13, 2018, 03:53:23 PM
 #14

Estonia - the country which has positive attitude towards crypto
Russia, China - large countries, cheap electricity (i'm not sure) , many miner.
and VietNam (just my opinion)
esq1337
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March 13, 2018, 04:23:14 PM
 #15

Denmark it’s at the forefront of the push towards eliminating cash in favor of 100% digital currency. Sweden is also trying to become a country without cash.
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March 13, 2018, 04:25:44 PM
 #16

I would choose Belarussia - their government is rather friendly to cryptocurrencies, as well as they still have cheap elecrtricity being friends with Russia.
yinyangwinwang
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March 13, 2018, 04:41:40 PM
 #17

it seems a very good country for crypto I think the country that has legalized the crypto currency such as:

Russia
China
japan
usa
singapore.

and other countries will follow their steps.

You make me laugh it is if you don't know what the USA has done historically with emerging industries and that alone would make me leave them off this list. You conveniently forgot Estonia, Canada, and Switzerland off your list all of whom are leaders in this space.

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March 13, 2018, 04:44:25 PM
 #18

I guess there is no certain but of course some countries may not be suited because of technology deprivation. Considering all the ico created it still depends on the need of the community, with this being said every country has its own problems therefore cryptocurrencies might be one of the solutions. Generally, i think cryptocurrency is at its best depending on the purpose of application.
esq1337
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March 13, 2018, 04:45:32 PM
 #19

I would choose Belarussia - their government is rather friendly to cryptocurrencies, as well as they still have cheap elecrtricity being friends with Russia.
I from Belarus, our president signed a decree on the development of the digital economy. The decree legalizes cryptocurrencies, smart contracts and ICOs. I have no need to declare a profit from the crypto currency, they are tax-free))
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March 13, 2018, 04:47:41 PM
 #20

I think to look for a state that is already active in crypto I will search more broadly and deeply, because right now I do not really know the consistent state in the crypto currency.
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