Countries that economically and bitcoin friendly

[costanos02]

Here are  the list of top bitcoin friendly countries,
1.) Malta
2.) Bermuda
3.) Switzerland
4.) Gibraltar
5.) Slovenia
6.) Singapore
7.) Estonia
8.) Georgia
9.) Belarus
10.) Hong Kong
11.) Japan
12.) Germany

Visit link for details, and know the reasons behind
https://99bitcoins.com/bitcoin-friendly-countries/

[jossiel]

Those are very few countries, where is Australia and South Korea? the wikipedia article shows the countries that declared bitcoin as legal and illegal on their jurisdiction.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

[stompix]

Here are  the list of top bitcoin friendly countries,
4.) Gibraltar

Facepalm.

Gibraltar is a tiny country located south of Spain. It is home to a mere ~33,000 people. While self-governing, Gibraltar is part of the territory of the United Kingdom

Another facepalm.

Gibraltar is not a country and the UN doesn't recognize it as a self-governing territory.
For god sake, spend at least 3 seconds searching google or wikipedia before writing this.

Those are very few countries, where is Australia and South Korea?

Where is the Czech Republic, Prague is the city with most merchants accepting Bitcoin in the world,  where is Luxembourg and many more...
Mentioning Belarus, Bermuda and a non-country and forgetting about the ones with real crypto usage.

[1Referee]

Japanese oil tankers were attacked by missiles in Gulf of Oman. Japan people must buy Gold, if there is war.

Sell bitcoin. Buy Gold

You know that a lot of the physical Gold that governments are buying up is either coming in per ship or plane, right? It's an expensive and very time consuming process, where in most cases (specifically for that reason) the Gold that x country buys is stored in other countries, so they aren't even actually owning the Gold they have.

With some more momentum governments will start looking into Bitcoin too, but it might take a while because there are no billions of Bitcoin readily available, which are problems they don't have with Gold. Owning an asset is key with how custodians are an easy target for rogue governments. Don't own your private keys and physical Gold? You don't own these assets.

[Gibreil]

Switzerland has a hundreds of blockchain startups. Don't you know that they are attempting to become a "crypto nation" according to Switzerland's economic minister. Aside from the fact that it is the one of the most competitive economies in the world it will not be surprising if one day they will dubbed as crypto nation.

[romero121]

More countries can be added, based on the data upon which the listing is done on the opening post. These days almost every country has got lot of startups that were completely focused on the blockchain platform. Based on that data we cannot conclude those countries were bitcoin friendly. Majority of the countries stay neutral in this without any form of legal support or opposition to the usage of bitcoin and other cryptocurrencies. To me Japan and Estonia are the one that has perfectly bitcoin friendly.

[kamudd]

Indeed, currently there are still very few countries that can be friendly to bitcoin, but I hope and maybe even in the future there will be more countries that accept bitcoin if we look at the development and popularity of bitcoin today.

[Kemarit]

Where are the other two Tiger of Baltics?

Latvia/Lithuania - http://www.baltic-legal.com/blockchain-cryptocurrency-licence-eng.htm

Does Dubai ring a bell to everyone? They seems to be spearheading lots of crypto/blockchain activity as well. And someone mentioned Australia, yes, that's one friendly nation, it's the second country to adopt Bitcoin as form of money and payment.

[el kaka22]

First of all the list is very short but the wikipedia link gives more countries. If you look up on wikipedia about the type of legality
there are also levels, like fully supportive and behind bitcoin countries and there are ones that fully ban it but also there are countries in between those things, gray ones that have no legal laws that neither bans it nor supports it and there are ones that make it legal but doesn't support it and many more places like that.

So, you can't just say "legal" and move on, what type of legal and at what level of support does it see on those countries. About the Japan thing, if you think war makes golds go up but doesn't make bitcoin go up you are very wrong, a war makes your own national currency weaker and that means bitcoin will worth a lot more in your currency as well.

[celot]

Maybe only Japan is soft country for using bitcoin or altcoin as payment system, other country still do not accepted bitcoin as payment and only could use for investment.

[costanos02]

Maybe only Japan is soft country for using bitcoin or altcoin as payment system, other country still do not accepted bitcoin as payment and only could use for investment.

Or we can say that people in Japan are open minded and and really knows what's best for thier beloved country.

[Muzika]

There were lots of bitcoin friendly country, if you will make a survey you will able to know what are those, personally here in my country bitcoin were not illegal at the same time it is not legal meaning it is nuetral, there are service provider businesses that operating here and has permit, in your list Philippines was not there.

[indrakusumaindra]

Those are very few countries, where is Australia and South Korea? the wikipedia article shows the countries that declared bitcoin as legal and illegal on their jurisdiction.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Yeah and i do think iceland should be on the list. i also think thailand is one of the most crypto friendly country. The goverments of thailand even make few crypto legal in thailand and they do think blockhain will have a good impact on businesses in the future. Most of country in EU is crypto friendly.

[Jating]

What's the point of this?

I thought that I will see something new, but it's the same country that we all know off being friendly to crypto sphere. I was hoping that at least the OP or the link below is updated, unfortunately if you check on the link

Last updated: 3/4/19

And besides if you just simply use Google, you will see the same countries.

[Naida_BR]

Here are  the list of top bitcoin friendly countries,
1.) Malta
2.) Bermuda
3.) Switzerland
4.) Gibraltar
5.) Slovenia
6.) Singapore
7.) Estonia
8.) Georgia
9.) Belarus
10.) Hong Kong
11.) Japan
12.) Germany

Visit link for details, and know the reasons behind
https://99bitcoins.com/bitcoin-friendly-countries/

Most of those countries are the best places to set up a cryptocurrency company.
They do not regulate you due to the industry that you are active but they treat you as an ordinary business.
Especially, Malta is the best place in the world to set up your business if you are interested in building something big with little political risks.

[michellee]

Here are  the list of top bitcoin friendly countries,
1.) Malta
2.) Bermuda
3.) Switzerland
4.) Gibraltar
5.) Slovenia
6.) Singapore
7.) Estonia
8.) Georgia
9.) Belarus
10.) Hong Kong
11.) Japan
12.) Germany

Visit link for details, and know the reasons behind
https://99bitcoins.com/bitcoin-friendly-countries/

Most of those countries are the best places to set up a cryptocurrency company.
They do not regulate you due to the industry that you are active but they treat you as an ordinary business.
Especially, Malta is the best place in the world to set up your business if you are interested in building something big with little political risks.

We hope that the list will be bigger and more countries will accept bitcoin, which will help bitcoin to be spread in all countries. That will give an impact to another country if the big countries can join and accept bitcoin too so more people will know about bitcoin. If it succeeds to get the big country to join, I think that the bitcoin will grow fast in all country and if that happens, we will see a new revolution in the economy and financial section.

[Ranly123]

Here are  the list of top bitcoin friendly countries,
1.) Malta
2.) Bermuda
3.) Switzerland
4.) Gibraltar
5.) Slovenia
6.) Singapore
7.) Estonia
8.) Georgia
9.) Belarus
10.) Hong Kong
11.) Japan
12.) Germany

Visit link for details, and know the reasons behind
https://99bitcoins.com/bitcoin-friendly-countries/

Oh man, you forgot to mention Philippines. This country has a good relationship in terms of using Bitcoin and other cryptocurrency where in fact they have regulated their own wallet for the sake of safety of their users.

[jossiel]

Those are very few countries, where is Australia and South Korea? the wikipedia article shows the countries that declared bitcoin as legal and illegal on their jurisdiction.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Yeah and i do think iceland should be on the list. i also think thailand is one of the most crypto friendly country. The goverments of thailand even make few crypto legal in thailand and they do think blockhain will have a good impact on businesses in the future. Most of country in EU is crypto friendly.

I see that the article was made March of this year and it was already updated. I don't know what's on the mind of the author but it's not totally the complete list that everyone can lean on if we are looking for information about those countries.

Just look on how many subjected against the information that it brought us here. Yes, most of the countries included are crypto friendly but they still lack a lot of countries. Also look at the comments below that article, too many to mention.

[Vness10]

Here are  the list of top bitcoin friendly countries,
1.) Malta
2.) Bermuda
3.) Switzerland
4.) Gibraltar
5.) Slovenia
6.) Singapore
7.) Estonia
8.) Georgia
9.) Belarus
10.) Hong Kong
11.) Japan
12.) Germany

Visit link for details, and know the reasons behind
https://99bitcoins.com/bitcoin-friendly-countries/

It's great that this country is open minded about bitcoin or cryptocurrency, how I wish my country too although many of my country men is using cryptocurrency but not totally legalize. And hope that many of my country men understand about the benefits and what is cryptocurrency is and bitcoin also.

[Twinkledoe]

Here are  the list of top bitcoin friendly countries,
4.) Gibraltar

Facepalm.

Gibraltar is a tiny country located south of Spain. It is home to a mere ~33,000 people. While self-governing, Gibraltar is part of the territory of the United Kingdom

Another facepalm.

Gibraltar is not a country and the UN doesn't recognize it as a self-governing territory.
For god sake, spend at least 3 seconds searching google or wikipedia before writing this.

Those are very few countries, where is Australia and South Korea?

Where is the Czech Republic, Prague is the city with most merchants accepting Bitcoin in the world,  where is Luxembourg and many more...
Mentioning Belarus, Bermuda and a non-country and forgetting about the ones with real crypto usage.

The OP should edit his post and give right info accordingly. Take some useful comments from the users here and make his post functional at least. Not just random post without giving any effort to the content.