Best country for crypto

[cryptoperkele]

Japan is one of the best countries for Bitcoin at the moment, because the Japanese government has opened it's door for a Bitcoin friendly environment. They have also recognised Bitcoin as a currency, which is something that are not being done by many other governments all of the world. <Most other governments define Bitcoin as a commodity>  

Bitcoin adoption in Japan is also very high and you will find a lot of merchants that accepts Biitcoin as a payment option. I think Japan will be the Bitcoin hub of the future.  

Seriously? And how's the taxation of crypto in Japan?

[1714998896]

1714998896

[1714998896]

1714998896

[nakamura12]

Japan is one of the best countries for Bitcoin at the moment, because the Japanese government has opened it's door for a Bitcoin friendly environment. They have also recognised Bitcoin as a currency, which is something that are not being done by many other governments all of the world. <Most other governments define Bitcoin as a commodity>  

Bitcoin adoption in Japan is also very high and you will find a lot of merchants that accepts Biitcoin as a payment option. I think Japan will be the Bitcoin hub of the future.  

I don't have doubts that it's japan since the created I think is from japan due to the name he used satoshi nakamoto. People from that country won't be having problem when they want to buy or sell bitcoin. To those who are in a country that also legalized bitcoin should be thankful since not all country adopted to the trend because they ban the cryptocurrency in their country and it's illegal.

[logderson]

What do you think is the worst countries? I bet it's be China or Russia with all of their bans and other crazy stuff unless you have a really trustable vpn (like nord or express)

[ExchangeRatesPro]

What do you think is the worst countries? I bet it's be China or Russia with all of their bans and other crazy stuff unless you have a really trustable vpn (like nord or express)

Should be Bangladesh and maybe India
Rumors has it, some of their politics want to introduce jail time for crypto. It's much worse than ban 

[cryptoperkele]

What do you think is the worst countries? I bet it's be China or Russia with all of their bans and other crazy stuff unless you have a really trustable vpn (like nord or express)

That's tricky, because the same exact countries that are trying to ban outside currencies and cryptos, those countries are exactly the ones that it's good for you to own some bitcoin as a store of value.

[Febo]

Basically, which country has adopted Crypto and the Blockchain best in your opinion till now?

Such things change when governments change. There can be a government that have people to try t understand crypto and then when they get replaced there i no one there again. So countries that made biggest steps in past is not sure thing they will stay there.  Japan because of Mt Gox happened in their country was country that put most interest into crypto from 2015 on. They had to since a lot of money got stolen.  But that dont mean anything. Now we are in 2019.

[pwnsauce]

A few of us are working to make the best country for crypto the United States.

https://mcafee2020hq.com/

Join us and get your soul back!

[SuperTA]

Malta, one of the best laws for crypto business.

Slovenia has the biggest shopping center (Btc City) in Europe, possibly the biggest in the world where they accept cryptocurrencies. They have no tax for crypto if you have less than 100 tradable days per year.  Homeland of the oldest bitcoin exchange still operating today - Bitstamp. They even have bitcoin monument.

Belarus , crypto is legalised here. No tax on crypto.

Japan, cryptos are pretty well accepted and used.

Switzerland, very good for crypto business, specially so called crypto valley in the Zug district (canton).

Portugal  crypto tax free

Panama, no tax on crypto

Puerto Rico, tax free for crypto

Germany, no tax if you hold crypto 1 year

Singapore, one of the attractive countries for cryptos, no tax on crypto trading

Liberland, a micro state, very pro crypto oriented.

Gibraltar, crypto friendly

[Johnzky]

Basically, which country has adopted Crypto and the Blockchain best in your opinion till now?

Singapore is what the best country for me since that is what many cryptonians called no as a crypto Safe haven,and also Japan who adopts bitcoin as they’re own money.another one is Philippines since this country does not totally adopted crypto in their country but there are lots of happening in Philippines that in regards cryptocurrency and there are exchange that will be allowed by the government in the following years

[baundul]

What do you think is the worst countries? I bet it's be China or Russia with all of their bans and other crazy stuff unless you have a really trustable vpn (like nord or express)

Should be Bangladesh and maybe India
Rumors has it, some of their politics want to introduce jail time for crypto. It's much worse than ban 

Developed countries are reaching a peak of improvement day by day and industrialized and poorer countries are becoming increasingly poor for retrograde activities. They refuse to adapt to technology and crypt. If a person or organization overcomes their obstacles, sending them to jail. Avoid the ban, but going to jail is the end of life.

[xxkaiwaxx]

The Philippines has intergrated the most as far as i am aware.

[SuperTA]

Japan is one of the best countries for Bitcoin at the moment, because the Japanese government has opened it's door for a Bitcoin friendly environment. They have also recognised Bitcoin as a currency, which is something that are not being done by many other governments all of the world. <Most other governments define Bitcoin as a commodity>  

Bitcoin adoption in Japan is also very high and you will find a lot of merchants that accepts Biitcoin as a payment option. I think Japan will be the Bitcoin hub of the future.  

I don't have doubts that it's japan since the created I think is from japan due to the name he used satoshi nakamoto. People from that country won't be having problem when they want to buy or sell bitcoin. To those who are in a country that also legalized bitcoin should be thankful since not all country adopted to the trend because they ban the cryptocurrency in their country and it's illegal.

If the creator was from Japan, wouldn't he use the name Nakamoto Satoshi, that's how japanese would say his name. Surname first, right? Why would you think this is the real name and not a pseudonym?

[stompix]

Japan is one of the best countries for Bitcoin at the moment, because the Japanese government has opened it's door for a Bitcoin friendly environment. They have also recognised Bitcoin as a currency, which is something that are not being done by many other governments all of the world. <Most other governments define Bitcoin as a commodity>  

Bitcoin adoption in Japan is also very high and you will find a lot of merchants that accepts Biitcoin as a payment option. I think Japan will be the Bitcoin hub of the future.  

Seriously? And how's the taxation of crypto in Japan?

Lols, nobody cares about details like that
Japan is good for crypto because of shops and laws and...
Wait till you get hit with a 50% tax because it is not classified as stocks.

When people talk about best countries fr crypto loves think twice if it's not better to live in a country where there is no regulation rather than in one where you're going to be taxed half of your earnings because there are laws in place.

Crypto friendly in usage, yeah Japan, US, the whole of EU.
When it comes to taxes, I would rather go with central Africa where they don't even have a clue who to tax those things

[machinek20]

When I think best country for crypto definitely I think of Japan, its because the government already legalize it and you can buy a lot of things with btc, the other country is Philippines, this country legalisation is not too clear but there are some place that already accept crypto

[shadow12348]

What do you think is the worst countries? I bet it's be China or Russia with all of their bans and other crazy stuff unless you have a really trustable vpn (like nord or express)

Should be Bangladesh and maybe India
Rumors has it, some of their politics want to introduce jail time for crypto. It's much worse than ban 

Absolutely nuts. This was in the national newspaper.

[Febo]

Slovenia has the biggest shopping center (Btc City) in Europe, possibly the biggest in the world where they accept cryptocurrencies. They have no tax for crypto if you have less than 100 tradable days per year.  Homeland of the oldest bitcoin exchange still operating today - Bitstamp. They even have bitcoin monument.

BTC here mean Blagovno Trgovinski Center.  Old Slovenian government at least talked they are crypto friendly, but they did little in that direction. Current government dont talk anymore.  As I said it depends on government.  It can change 100% when government change.  

[Nnuego]

During the first conclusion of the G20 meeting for the purpose of the cryptocurrency scenario hosted in Argentina 2018. Their were about 15 legal countries for cryptocurrency which are Australia, Brazil, Canada, France, Germany, Italy, Japan, south Africa, Turkey, UK, USA, Chile, The Netherlands, Singapore and Spain.
Their were 4 illegal countries for cryptocurrency are Mexico, Russia, Saudi Arabia and South korea
China is restricted for cryptocurrency
Argentina, India, Indonesia, Jamaica, Rwanda and Senegal was the 6 neutral countries for cryptocurrency.
From the countries listed above that accepts cryptocurrency, I think they are all good for cryptocurrency, you can buy or sell whatever you want with your digital currency. But the country I fancy much is Australia cos they are the first to have cryptocurrency university

[BlueHeadLizard]

Not Switzerland, as difficult to find exchanges that trade the CHF-BTC pair. I have not found any CHF Bitcoin exchange inside Swizterland yet for normal people, look like there isa CHF to BTC gateway for high wealth individuals and financial traders Dukascopy Bank. 

So you have to trade your CHF into EUR or USD which is admin heavy and costs you more for your CHF-BTC round trip fees costs. There is good network of BTC ATMs though although watch out as the CHF-BTC spread  is very high, looks like circa 7%.

[BlueHeadLizard]

Switzerland, very good for crypto business, specially so called crypto valley in the Zug district (canton).

Switzerland so so good for businesses,

 But otherwise Switzerland not really
- very few suppliers (i've not found any) accepting Bitcoin.
- not recognised as a currency by the Govt.. It not illegal but not recognised as currency.
- for normal people no Bitcoin exchange with CHF - BTC trading pair. Swissquote has crpytocurrency gateway but only in USD and EUR.
- some Swiss start up Bitcoin exchanges have already failed and so comments about users BTC being blocked. see cryptocompare.
- on the Swiss Federal administration site it does not even return any search results for Bitcoin.

The CHF is a very strong currency reducing the need for Bitcoin, inside Switzerland at least, so adoption is probably going to be very slow. Also banking lobby including credit cards very strong so will slow down adoption / recognition. Rather than cyrpto currency they have invested in and  launched their own very good  CHF moble payment system Twint which is linked to your CHF bank account.  

Yes Zug canton is an exception and you can even pay your taxes in Bitcoin there.

Also there is a good BTC cash machines network to buy and sell CHF-BTCs. OK the spread is high 7%, so  but I guess that is fair as these machines are expensive to build and maintain. https://coinatmradar.com/operator/117/bitc-sarl-bitcoin-atm-operator/

 

[demure]

In my opinion the best crypto country is a country where its totally unregulated   E.g. not restricted and not controlled by government. I also would say that best country for crypto is country where banks are not so controlled by tax agency or financial police. 🚔 Since if you buy bitcoin for 10k$ and withdraw it to bank account when it will cost 100k$ you can have a problem with tax officers etc. So most of developed European, Asian, American countries are not safe (you can’t avoid taxes) for crypto buying or selling.

I would recommend countries with developing economic and unregulated cryptocurrency sector like Albania, Ukraine, Belarus etc. Such countries also have partially independent banks (from government). E.g. bank should not inform tax agency or other financial institutions about your assets, deposits or withdrawals. They must do it only if law enforcement requires this. 😋