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4mherewego (OP)
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October 20, 2013, 04:05:53 PM |
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Fellow bitcoiners
Our goverments wants to take our hard earned coins, put us in jail for having plants in our pockets and annoy us very frequently. It's takes a toll on our wealth and life satisfaction, and paying taxes that funds the real terrorist makes us morally poorer.
So if we should decide to sell everything and move to some place that wants us spending our coins there, only demands a reasonable low part of our labour and allows us to enjoy our life, without draining us morally, which country would you recommend?
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Marbit
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October 20, 2013, 05:25:00 PM |
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not sure really...... it's a bit scary being a bitcoiner AND a US citizen LOL...... germany says it's tax free on 1+ year investment, sounds friendly to me. also, chinese government (banking regulatory commission) recently said no regulation coming for bitcoin.
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Aco
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October 20, 2013, 05:29:33 PM |
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Sounds like your a stoner. I don't want them cuffing me for a little ganja either... but nope! That's social immaturity.
The idea of bitcoin is to erase these borders that create 'countries.' The Internet is global. First phase is information. Next is a global currency to facilitate global trade, shaping a global economy.
But the US wants to own it, and banks control it. It's going to do whatever it takes to hone that control.
But the rest of the world doesn't want someone bossing them around, so they will push this notion of a unregulated, decentralized currency for the good for us all. Explains why RU CN DE and JP are pushing so hard.
Don't kid yourself though. The US will bomb whoever it must or impose the worst kind of tariffs/embargos just to remain in control. After all, every country is trying to win, aren't they? There's gonna be some with the shorter half of the stick.
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Lethn
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October 20, 2013, 05:29:44 PM |
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I'm currently researching it myself and Marbit is right, it looks like Germany or maybe even Finland are the most Bitcoin friendly countries so far, we'll just have to wait and see which countries say what, maybe we could do a list like the banks list that was made here.
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yogi
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Hamster ate my bitcoin
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October 20, 2013, 05:38:37 PM |
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I don't see the US giving up its exorbitant privilege without a fight. |
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nobbynobbynoob
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October 20, 2013, 05:41:14 PM |
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If we're thinking only in terms of Bitcoin, then Canada, Germany, Iceland, Finland and maybe China (HK at least) look promising. Though these are just places with solid Bitcoin-using communities that have taken root for whatever reason. Bitcoin is actually stateless and global. If you're considering individual liberties from statism and political corruption, and so on, unfortunately there are basically no free countries: everywhere is ruled in some way or other by states and banksters. Some people are drawn to parts of Latin America (e.g. Chile) because they perceive those to be places where to some degree the dysfunctional government doesn't totally interfere in anything, and if they do, you can easily pay your way around it. Chile isn't all that libertarian, though: they were ruled by an iron-fisted dictator not long ago, and they have a total ban on abortions without exception (AIUI), probably influenced by the Catholic church, and so on. Costa Rica looks okay but some foreigners there have complained about the bureaucracy. I think I'd probably prefer English-speaking places myself (I know a few languages but let's face it, English is a lot easier!  ), and most are police states that tax you for butt-scratching. Some British dependencies look appealing, but all or nearly all of them have closed-door immigration policies. Alderney and the Isle of Man are open to persons who can legally reside in the UK, just don't expect to have employment rights unless you're self-sufficient/self-employed. Their tax rates aren't that bad and there's no capital-gains tax. Their governments specifically try to promote e-commerce, especially online gaming. The speed limit on the Isle of Man is still "reasonable and prudent" outside towns, I believe, though I also hear that most Manx people drive "dog slow" anyway.  Manx weather is pretty bad, LOL, that's the price you pay for the island's verdant beauties. The USA and EU are both totalitarian empires, but the former has the bigger guns and army. Unfortunately, Germany and Finland are both in the EU. That leaves Iceland... yes, Iceland might be good for bitcoin mining with all that cheap geyser energy. |
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4mherewego (OP)
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October 20, 2013, 05:47:21 PM |
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Cayman Island looks pretty sweet: http://en.wikipedia.org/wiki/Cayman_IslandsThe Cayman Islands historically have been a tax-exempt destination. On 8 February 1794, the Caymanians rescued the crews of a group of ten merchant ships, including HMS Convert, an incident that has since become known as the Wreck of the Ten Sail. The ships had struck a reef and run aground during rough seas.[12] Legend has it that King George III rewarded the island with a promise never to introduce taxes as compensation for their generosity, as one of the ships carried a member of the King's own family, his son Prince William, Duke of Clarence and St Andrews. While this remains a popular legend, the story is not true.[13]
However, whatever the history, in practice the government of the Cayman Islands has always relied on indirect and not direct taxes. The islands have never levied income tax, capital gains tax, or any wealth tax, making them a popular tax haven.[14] |
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nobbynobbynoob
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October 20, 2013, 05:59:43 PM |
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Yeah, the Caymans are well okay, similar goes for Anguilla. But the British West Indies are basically closed off to migrants, unless you're at least reasonably wealthy and get the prerequisite permits.
A societal concern for me with the Caribbean, speaking as a Jamaican, is the high rates of violent crime on most islands, especially homicide. I guess there is no easy solution to this chronic problem. As it happens, the Caymans, Barbados and Antigua/Barbuda have relatively low murder rates by West Indian standards (but are comparable to or higher than the US still).
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vite
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October 20, 2013, 09:13:18 PM |
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Panama is the most bitcoin friendly country and it has one of the best and lowest tax regimes in the world.
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nobbynobbynoob
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October 20, 2013, 09:15:08 PM |
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Panama is the most bitcoin friendly country and it has one of the best and lowest tax regimes in the world.
And it's the home of Crypto Financial (CFIG on Havelock). |
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imrer
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October 20, 2013, 09:23:44 PM |
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In my opinion countries where they don't discuss it at all are the most friendly. Czech-republic for example. |
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pokerFace2
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October 20, 2013, 09:32:58 PM |
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I believe now all countries are Bitcoin friendly. So far they dont care and Bitcoin is not included in special laws. But these times will end after Bitcoin goes mainstream
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MAbtc
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October 20, 2013, 11:22:28 PM |
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I believe now all countries are Bitcoin friendly. So far they dont care and Bitcoin is not included in special laws. But these times will end after Bitcoin goes mainstream
Not totally sure about that. Wasn't there something about bitcoin being illegal in Thailand? And the US government seizing money from MT Gox means they're nosing around in bitcoin businesses rather than leaving them be. We'll see how the US ends up treating bitcoin down the road... |
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nobbynobbynoob
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October 21, 2013, 12:31:47 AM |
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I believe now all countries are Bitcoin friendly. So far they dont care and Bitcoin is not included in special laws. But these times will end after Bitcoin goes mainstream
Not totally sure about that. Wasn't there something about bitcoin being illegal in Thailand? And the US government seizing money from MT Gox means they're nosing around in bitcoin businesses rather than leaving them be. We'll see how the US ends up treating bitcoin down the road... True about the US gov seizing Mt Gox's funds, but the Thailand stuff is FUD. However, a Thai bitcoin exchange shut up shop through fear of regulators. There is no specific piece of Thai law that says "bitcoin/crypto is illegal". (Disclaimer: IANAL) |
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johncarpe64
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October 21, 2013, 01:12:47 AM |
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What about Australia, no body seems to care about the coin.
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nobbynobbynoob
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October 21, 2013, 02:37:54 AM |
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What about Australia, no body seems to care about the coin.
Australia ranks quite well in terms of the economic freedom index, it is true. (And they have women too! ) Immigration control is a major albatross around the neck however, unless one already has either Australian or NZ citizenship. |
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b!z
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October 21, 2013, 01:22:54 PM |
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China seems to be a good, but unexpected answer to your question. Bitcoin is getting really popular there, maybe even more than in the USA.
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pedrog
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October 21, 2013, 04:48:36 PM |
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China seems to be a good, but unexpected answer to your question. Bitcoin is getting really popular there, maybe even more than in the USA.
They do all the chips and host the mines. |
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b!z
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October 22, 2013, 11:55:05 AM |
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China seems to be a good, but unexpected answer to your question. Bitcoin is getting really popular there, maybe even more than in the USA.
They do all the chips and host the mines. And they buy all of the Bitcoins  |
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MoneyGod
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October 22, 2013, 02:18:04 PM |
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China seems to be a good, but unexpected answer to your question. Bitcoin is getting really popular there, maybe even more than in the USA.
They do all the chips and host the mines. And they buy all of the Bitcoins no please don't do this if they have all bitcoins then I will again jobless and I am not in position to jobless again thanks China  |
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