Best country for crypto

[brawdias]

Always heard that Switzerland is a great place to livve and now they are leading at this too


https://cointelegraph.com/news/switzerland-first-in-ranking-of-top-10-most-blockchain-friendly-countries-in-europe

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[pictsidhe]

Then Switzerland made a revolution.  I knew Japan is the best country for crypto and even Satoshi Nakamoto, the creator of bitcoin is from Japan too. In Japan, Bitcoin has owned ATM Booth if I am not wrong and many facilities have there. But now, Maybe Switzerland overcome Japan! Such a great news.

[freetokens]

Best country for crypto's are Switzerland , south Africa ,Germany  which are allowing legally and trading also allowed to do.

[Aveatrex]

Then Switzerland made a revolution.  I knew Japan is the best country for crypto and even Satoshi Nakamoto, the creator of bitcoin is from Japan too. In Japan, Bitcoin has owned ATM Booth if I am not wrong and many facilities have there. But now, Maybe Switzerland overcome Japan! Such a great news.

I'm sorry to interrupt you,but Satoshi Nakamoto is not from Japan.In fact we don't know and you can't just assume he is just from his name.Please respect his choice of staying anonymous.

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Yeah Switzerland is a good country to live in if you have a job there,otherwise it's hard to live there as living is expencive there

[SuperD007]

Puerto Rico is creating a Crypto Utopia:

https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html?smid=fb-share

[seamukred]

Yes, Switzerland is an advanced country in this respect. In Switzerland, a very loyal attitude to the cryptocurrency. In this country there are many crypto-currency companies. But Japan is even more advanced country.

[CryptoRaymond]

Yes Switzerland is very crypto friendly country. I am fully agreed with you. But I believe that Japan is the best friend for the crypto lover. It is supporting the industry from the very beginning.

[MallyVogue]

That depends on how do you wanna play in the cryptoworld. If you are a miner then you would wanna go to Norway since electricity is cheap there, I heard they have very large hydro electric power plants. If you wanna go trade then it's Switzerland, but for me if you wanna go live and use crypto on a daily basis, then Japan will be best since it has ATMs for us and is very open for cryptonians.

[Polina Malina]

I believe, that for the crypto currency there is no country, not counting those where bitcoin is banned. Because The virtual world has no boundaries.

[kaya11]

Its overwhelming, how countries that leads economic growth are opened with this technology and it's promises.
But still, even with such countries that allows crypto trading and utilizing-there are people who hates it. Well it will be too late for them to realize when this comes mainstream and traditional banking system are lost forever.

[Skieleton]

Always heard that Switzerland is a great place to livve and now they are leading at this too


https://cointelegraph.com/news/switzerland-first-in-ranking-of-top-10-most-blockchain-friendly-countries-in-europe

As for me, Aunstralia. Until recently, Australia was not such a friendly place for cryptocurrencies at all. In Sydney and its surroundings, there was a tax on the purchase of cryptocurrencies as well as transactions with them. What's more, in 2015, the Bank closed major local startups that dealt with cryptocurrencies by major Australian banks.

In May this year, double taxation of virtual currencies was lifted. Australian senators argue that the lack of Bitcoin in Australia as an official payment instrument definitely weakens the competitiveness of the local financial market. They argue that their country can no longer compete with Asians in the field of cheap products and services. It is therefore necessary to take up the challenge in the financial sector by including crypto currency in the official currency.

It turns out that along with changes in the banking sector in 2015, start-ups related to bitcoin and blockchain have decided to move to countries where more friendly legislation is in force.

[Musia]

Now there are few countries in which officially crypto-currencies, bitcoin and other similar coins are allowed, the market which is used by many people and is well used.

[squatz1]

Pretty surprising to see Switzerland back up on a list for secrecy and such after the 2008 banking crisis, you would think that they would be forced to change their laws in Switzerland after allowing for the rich to leave their money their (with no way of it being taken back by any other government)

Who knows though, because if the international community asks for crypto transactions they'll probably cave and force companies into working with them. They didn't do this with the bankers because of how rich, powerful, and politically connected the bankers were. People in crypto simply aren't the same as the bankers.

[19nataliya12]

Switzerland
In contrast to China and South Korea, which are trying to tighten the grip of regulation around the Crypto-currency, Switzerland is an attractive jurisdiction for a business focused on working with digital money.

[19nataliya12]

Japan
Japan is friendly with respect to crypto-currencies. The government of the country in 2017 recognized digital money as an official means of payment, and this has already borne fruit. 50 percent of all transactions with the crypto currency account for the Japanese yen, over the past year this figure has tripled.

[crypto.kaka]

Best country for Crypto European countries like Switzerland Africa you can do trading and easily buy sell Bitcoin

[A7373]

I have never been at Switzerland. What about taxes there? I have a little wish to buy a house at tropical house and trading on the beach every day).

[laryillary]

Denmark is one of the countries that seek to eliminate paper money, cashless settlement and the digital currency here are widespread. According to the central bank of the country, bitcoin is not a currency, which means that its use in the country is not regulated by the state, and transactions in bitcoins are not subject to taxation. However, Denmark is home to a number of bitcoin start-ups and exchanges, for example CCEDK. In March of this year, Denmark was the first Scandinavian country where real estate was purchased with bitcoin. The payment provider was local company Coinify.

[samcrypto]

Always heard that Switzerland is a great place to livve and now they are leading at this too


https://cointelegraph.com/news/switzerland-first-in-ranking-of-top-10-most-blockchain-friendly-countries-in-europe

Most of the countries in Europe are slowly adopting the system and yeah Switzerland is heaven for a cryptocurrency. Also in Asia Japan is the leading country where you can use cryptocurrency without hesitation. Here in my place we can use cryptocurrency in some transactions and we are free to invest with it but of course we must understand the risk.

[darkangel11]

Japan
Japan is friendly with respect to crypto-currencies. The government of the country in 2017 recognized digital money as an official means of payment, and this has already borne fruit. 50 percent of all transactions with the crypto currency account for the Japanese yen, over the past year this figure has tripled.

You don't know the whole story. Their crypto taxes are huge, which by no means make it the best country in the world for crypto enthusiasts.

Unlike winnings on stocks and foreign currencies, which are taxed around 20 percent, Japan’s levy on profits from virtual money runs from 15 percent to 55 percent. The top amount applies to people with annual earnings of 40 million yen ($365,000).

Now compare this to countries like Germany with their no BTC tax after holding for a year, or Malta that has no taxes on cryptocurrencies and no taxes on foreign income. Those are real crypto havens, especially when compared to slave drivers that can take half of your income and call it fair.