Countries that economically and bitcoin friendly

[Aldrinx00]

That lists is very short there's still more countries that are bitcoin friendly and one is my own country which is Philippines. Third world countries are open to cryptocurrency because it has a good potential to boost their economy, it opens a lot of businesses as well as works for their native people.

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[bitgolden]

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/

Wow, that is a good step, if we have all these great countries adopting cryptocurrency within 10 years, then we should expect double of it in another 5 years’ time. Although these countries are small but they all have well developed economy, so if countries with very good economy can adopt it, I wonder why countries with large economy has not adopted the crypto and used it as an advantage to boost their economy.

Looking at the situation of things around, seems large countries are more threatened which they have shown their disapproval through some of their actions, you see U.S not approving operation of Bittrex in new york, Indian proposing 10 jail term for users and china banning miners, but yet crypto is still growing, these countries will eventually be the ones to loose at the end.

[davinchi]

It is a sign that countries were started to accept crypto currencies and in few years we can see huge name list.

But every countries have their own central banks so it might create some issues for their economy but if government this their welfare of their citizen is important they will support crypto currencies.

These central banks are the ones advising the government wrongly about cryptocurrency, and reason is because the issue of cryptocurrency affects the work of banks and also threatens their existence a bit, but it does not jeopardize the development of the economy in anyway.

Those countries that are cryptocurrency friendly could testify to that fact that there economy have never dwindled ever since they introduce crypto to their country but rather have increased their economy to a certain percentage. Moreover, this is 10 years that Bitcoin has been in existence, there is not country that have ever seen any negative effect on their economy, I don’t know why some countries are not just friendly with it.

[DoublerHunter]

I don't know where did this list came from. Or what statistics and sources did the person who made this based his judgment. But I can tell that there is a lot of countries that are more deserving on the top list for being friendly in bitcoin. Switzerland must be on the top 1 of the list since they are actually trying to become a crypto-currency and fiat free nation. Their startup companies are really great since almost all of their startup tech companies are blockchain.

[iMark]

if in that country bitcoin is legalized and there are many merchants that accept payments with bitcoin, then it can be called bitcoin friendly. many countries still prohibit the use of bitcoin, either only rules or already at the stage of user capture, fortunately in my country it is not that tight, but it cannot be said to be bitcoin friendly also.

[Dondont]

I think the country is not too influential if you only have Bitcoin and then use it as additional income (of course to always be quiet to use it). However, if there is a Blockchain / Cryptocurrency event I think that will have enough influence. That is why several annual events such as the Blockchain Summit are held in the countries on the list

[fiomcorka]

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/

The countries you have stated here is few compared to what I saw someone post in this forum, sourced from Wikipedia. There are already lots of countries that have declared Bitcoin as legal, and a few of them that are unsure about where they are going with Bitcoin, and those that have declared it as illegal are just a few countries. If you check Wikipedia you will see the countries where Bitcoin is illegal marked with red and the places where they legal marked with green, then the rest that has no rules are marked with Grey. The list is being updated as well.

it's true and my hope is also in my country, of course, the Indonesian government is getting more friendly and supports bitcoin and other crypto, because I am sure that someday if technology is more advanced then many bitcoin and other crypto will be used by many countries to pay and other -other

I do not see the United States on the list. This is the country, where the majority of Bitcoin and crypto holders live. Only statistically, over 12 % of the USA residents hold cryptocurrencies. And they manage to make money on it.

U.S, we are not talking about countries with crypto friendly citizens, the OP is talking about countries that their government is friendly with cryptocurrency and United State is the worst to mention here. If it was possible for United State to declare Satoshi wanted, I am sure they would have done so for the hatred that they have for cryptocurrency, the same way India hates crypto too.

The only thing that is just stopping United State from having any authority over cryptocurrency is because it has become a global thing, and also because the cryptocurrency, most especially Bitcoin has a technology that can never be controlled, stopped or damaged by any third party.

[xabre]

Japan is the best countries have more contributed for bitcoin and altcoin, always give positive respond and feed back for bitcoin become more profitable digital e currency payment for the future.

[FanEagle]

These countries will also be kind of an example, there have been some before and countries which that saw others support crypto get taxes and support and economical positivity from it also replicated the same laws and the numbers grew but the more is merrier and it is harder to get from 1 to 2 countries but easier to go from 50 to 51 so the more countries there are the more countries will start to support as well.

Maybe china will not get supportive all of a sudden that is for sure and maybe Russia will become even more crypto friendly but in the end there are still some places that have neither banning of crypto nor supporting of crypto and we should focus on those countries that may see these ones as example and make changes to their laws to get some advantages as well.

[Vayne]

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Vayne,
Crypto entrepreneur and activist.

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[alroys]

Yes, the country is a country that is friendly to Bitcoin.  And now more and more countries are friendly to Bitcoin like the Philippines and Vietnam, the two countries in Southeast Asia are also very friendly to Bitcoin, and those that are developing are Indonesia and Malaysia, they are also starting to show their interest and openness to Bitcoin and Cryptocurrency.

[sana54210]

Japan is the best countries have more contributed for bitcoin and altcoin, always give positive respond and feed back for bitcoin become more profitable digital e currency payment for the future.

Maybe Satoshi is from there LOL, just kidding. It is amazing at rate which Japan supported cryptocurrency, Japan is known and respected to be producers of quality products compared to china, and for Japan to have supported cryptocurrency, they must have seen some quality stuff in it, and if Japan can wholeheartedly accept crypto, and it has not affected them in any wrong way, then I don’t know what is holding China back.

I believe japan will be the one to set a very good example for other Asian countries as regards the adoption of cryptocurrency. I have not seen any form of regulation from Japan on crypto, but yet they are still behind it, so why are other great countries like Japan being threatened, or could it be that they have some hidden agendas, that crypto could expose?