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Author Topic: Safest country for exchange?  (Read 5057 times)
tmbp (OP)
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July 23, 2014, 09:54:56 AM
 #1

What is the safest country to operate an exchange in, where would you rather buy all your BTC from? Tunisia? Singapore? Morocco? Many countries seem to want to regulate BTC so it's hard to follow, which country is the safest currently?
BitCoinDream
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July 23, 2014, 09:57:51 AM
 #2

What is the safest country to operate an exchange in, where would you rather buy all your BTC from? Tunisia? Singapore? Morocco? Many countries seem to want to regulate BTC so it's hard to follow, which country is the safest currently?

Try to open it in a country, where most of the people have never heard of Bitcoin and not going to use them in near future, e.g. Afghanistan.

arbitrage001
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July 23, 2014, 09:58:14 AM
 #3

Hong Kong and Singapore.
tmbp (OP)
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July 23, 2014, 10:01:28 AM
 #4

Hong Kong and Singapore.

http://www.bloomberg.com/news/2014-03-13/singapore-to-regulate-bitcoin-operators-for-money-laundering.html
TrailingComet
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July 23, 2014, 12:31:08 PM
 #5

I would say Germany and maybe Denmark

blatchcorn
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July 23, 2014, 12:32:11 PM
 #6

'MERICA
BiTJack
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July 23, 2014, 12:38:35 PM
 #7

'MERICA

yea, for Sure lol  Cheesy
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July 23, 2014, 12:57:00 PM
 #8

Why not Canadas? They're so nice and I believe Canadians could never scam anyone! The only drawback (or is it?) is that they effectively recently declared Bitcoin a currency!

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tmbp (OP)
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July 23, 2014, 12:58:03 PM
 #9

Why not Canadas? They're so nice and I believe Canadians could never scam anyone! The only drawback (or is it?) is that they effectively recently declared Bitcoin a currency!

It's not 2002 anymore there is barely a difference between the U.S. and Canada.
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July 23, 2014, 12:59:30 PM
 #10

Why not Canadas? They're so nice and I believe Canadians could never scam anyone! The only drawback (or is it?) is that they effectively recently declared Bitcoin a currency!

It's not 2002 anymore there is barely a difference between the U.S. and Canada.

But have you seen dooglus (JustDice) paying back all the funds people invested in his Casino? That's the right way to do business in bitcoin world!

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tmbp (OP)
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July 23, 2014, 01:06:17 PM
 #11

Why not Canadas? They're so nice and I believe Canadians could never scam anyone! The only drawback (or is it?) is that they effectively recently declared Bitcoin a currency!

It's not 2002 anymore there is barely a difference between the U.S. and Canada.

But have you seen dooglus (JustDice) paying back all the funds people invested in his Casino? That's the right way to do business in bitcoin world!

Oh thank god dooglus didn't steal all the funds! He sure deserves a nobel prize for peace!

Implying that being a decent human being is praiseworthy....
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July 23, 2014, 01:07:33 PM
 #12

jersey in the british isles seems to be looking like a nice spot these days

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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July 23, 2014, 01:08:44 PM
 #13

Better some South American country
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July 23, 2014, 01:17:27 PM
 #14

North Korea sounds like a favorite.
Hmm I wonder if there are any North Korean hosting providers.

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July 23, 2014, 01:29:22 PM
 #15

try some tax haven country Grin
did an exchange need rent an office?
rent a property in hongkong and singapore are too expensive
North Korea sounds like a favorite.
Hmm I wonder if there are any North Korean hosting providers.
North Korea Grin
LOL
i think hard to set up hosting providers there
since government restrict many aspects in internet

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Sindelar1938
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July 23, 2014, 02:34:20 PM
 #16

Germany, Singapore, Scandinavia, with some caveats North America

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July 23, 2014, 02:51:15 PM
Last edit: July 23, 2014, 04:27:45 PM by Lethn
 #17

Germany or the UK, they both have already legalised Bitcoin and you just have to pay standard taxes on your profits if you sell the Bitcoins, Switzerland might be another option as well but that depends on what the lawmakers are going to do about it, I don't recommend U.S for reasons that should be obvious if you've done the research but it's a bit early to say for the rest of the world just yet.
Divinespark
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July 23, 2014, 02:51:37 PM
 #18

Surely, the US and western Europe has to top this list
Not sure about the Middle East and Asia - long history of centralised govt structures there

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Yakamoto
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July 23, 2014, 05:49:46 PM
 #19

Why not Canadas? They're so nice and I believe Canadians could never scam anyone! The only drawback (or is it?) is that they effectively recently declared Bitcoin a currency!
They technically didn't regulate it. They just made it so exchanges have to be registered to avoid money laundering, and online casinos have to comply with already-existing laws.

It's not like the BitLicenses, it's much more benign. Companies can still sell, just Casinos and exchanges have to be monitored.
tmbp (OP)
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July 23, 2014, 07:10:34 PM
 #20

Why would someone  be so retarded as to hold servers running an exchange in the tyrannical U.S./UK or even Germany when they all have clear regulations when Hong Kong has unrestricted, untaxed Bitcoin businesses.

This is what happens when you ask a bunch of noobs for business advice I guess..
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