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    Author Topic: BitCoin Friendly Countries  (Read 12730 times)

    • shamzblueworld (OP)
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    November 18, 2016, 08:42:41 AM
     #1
    Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
    Has such data been calculated and available on the world wide web?

  • avatar_kiyoshi
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    November 18, 2016, 09:02:46 AM
     #2
    Here the listed bitcoin legal by country:
    https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country
    Search bitcoin business here: https://coinmap.org/

    10 bitcoin friendly countries: https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/

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    November 18, 2016, 09:09:07 AM
     #3
    Quote from: shamzblueworld on November 18, 2016, 08:42:41 AM
    Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
    Has such data been calculated and available on the world wide web?

    I can't say much about vendors but when It comes to miners and number of users , I'm pretty sure china defeats them all and the trading volumes on their exchanges is a proof of that : https://coinmarketcap.com/exchanges/volume/24-hour/all/ (OKCoin , Huobi & BTCC)
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    November 18, 2016, 09:10:12 AM
     #4
    Singapore is one of the most Bitcoin-friendly countries. Switzerland is another one. The government tolerates the use of Bitcoins. On the other hand, a guy was detained in France after a policeman heard him uttering the word "Bitcoin".
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  • johnnyyash
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    November 18, 2016, 09:26:30 AM
     #5
    Quote from: Sithara007 on November 18, 2016, 09:10:12 AM
    Singapore is one of the most Bitcoin-friendly countries. Switzerland is another one. The government tolerates the use of Bitcoins. On the other hand, a guy was detained in France after a policeman heard him uttering the word "Bitcoin".


    i secondly agree with you...sure!!!

  • Doms
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    November 18, 2016, 09:46:14 AM
     #6
    I can't exactly say that the Philippines is bitcoin-friendly but if we base the transaction volume coming from there, which I think ranks in the top 5, you can say that the Philippines is ahead of most other countries. We know that the Filipinos are very fond of social media and are very much almost always online, so the digital currency is something that they are already using.

  • mobnepal
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    November 18, 2016, 10:25:08 AM
     #7
    Quote from: Sithara007 on November 18, 2016, 09:10:12 AM
    Singapore is one of the most Bitcoin-friendly countries. Switzerland is another one. The government tolerates the use of Bitcoins. On the other hand, a guy was detained in France after a policeman heard him uttering the word "Bitcoin".
    Do you have link to the news regarding policeman detaining guy who utter the word "bitcoin" ? I don't think this was the real situation there.

    Quote from: avatar_kiyoshi on November 18, 2016, 09:02:46 AM
    10 bitcoin friendly countries: https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/
    Surprised not to see china in this list however government doesn't seem to care much about bitcoin mining farms situated in china and you can see majority of buying volume coming from china which suggest china being one of the bitcoin blooming country.

  • Juggy777
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    November 18, 2016, 10:35:44 AM
     #8
    Quote from: avatar_kiyoshi on November 18, 2016, 09:02:46 AM
    Here the listed bitcoin legal by country:
    https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country
    Search bitcoin business here: https://coinmap.org/

    10 bitcoin friendly countries: https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/

    This post actually sums it up it has a good break up of all Bitcoin using countries accept it's just a old link. Currently usa, India and other countries are using Bitcoins more, for atms and school for gas also. Recently swizz and dubai allowed it for transport. So my point is now lieterally all are using it. Mining if you want, I keep reading it's China who's in the lead. Sooner or later Bitcoin shall be used by all big or small countries

  • chesatochi
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    November 18, 2016, 10:42:27 AM
     #9
    Quote from: avatar_kiyoshi on November 18, 2016, 09:02:46 AM
    Here the listed bitcoin legal by country:
    https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country
    Search bitcoin business here: https://coinmap.org/

    10 bitcoin friendly countries: https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/

    I am happy to learn that my country is on the 10 countries who develop and use the blockchain technology. Also, I can sleep without any concern that I am not illegal Wink

    I could even create a bitcoin business if I want.

  • groll
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    November 18, 2016, 10:58:30 AM
     #10
    Quote from: Doms on November 18, 2016, 09:46:14 AM
    I can't exactly say that the Philippines is bitcoin-friendly but if we base the transaction volume coming from there, which I think ranks in the top 5, you can say that the Philippines is ahead of most other countries. We know that the Filipinos are very fond of social media and are very much almost always online, so the digital currency is something that they are already using.

    Yes, I agree! I think one of this country was Philippines. Although Philippines are not on the top 10 list, many bitcoin users may find in this country. if you will enter on the group pages you will see how people of the Philippines really patronising bitcoins. Also in this country many are already using bitcoins in buying merchants and paying bills.Another country that i believe Bitcoin Friendly was sweden.

  • boyptc
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    November 18, 2016, 11:04:16 AM
     #11
    Quote from: shamzblueworld on November 18, 2016, 08:42:41 AM
    Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
    Has such data been calculated and available on the world wide web?

    I will just base my answer on my though, that the country that has the most miners are found in China and I think that is not a secret anymore. And for the country that has a lot of vendors I guess Brazil : https://bt.irlbtc.com/view/1102662.0 and it is not updated anymore.

    Quote from: avatar_kiyoshi on November 18, 2016, 09:02:46 AM
    10 bitcoin friendly countries: https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/

    So most of the countries that are in the list are mostly found in first world countries and it is not a surprise for me.

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  • jtipt
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    November 18, 2016, 11:12:39 AM
     #12
    Quote from: shamzblueworld on November 18, 2016, 08:42:41 AM
    Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
    Has such data been calculated and available on the world wide web?
    For miners China is definitely at the top, now since China has most miners then it most likely dominates in number of users also, but I think BTC are kinda distributed in US and UK and other countries also there's no way to exactly say that. For vendors I think its the UK because i have seen alot of BTC related services which are based in UK.

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    November 18, 2016, 11:14:22 AM
     #13
    Quote from: mobnepal on November 18, 2016, 10:25:08 AM
    Quote from: Sithara007 on November 18, 2016, 09:10:12 AM
    Singapore is one of the most Bitcoin-friendly countries. Switzerland is another one. The government tolerates the use of Bitcoins. On the other hand, a guy was detained in France after a policeman heard him uttering the word "Bitcoin".
    Do you have link to the news regarding policeman detaining guy who utter the word "bitcoin" ? I don't think this was the real situation there.

    I read it in Reddit. Not sure whether it was a real incident or a fake one. The incident occurred at the Paris Charles de Gaulle Airport. Most of the users in Reddit believe that it was a real incident.

    https://www.reddit.com/r/Bitcoin/comments/21cp72/french_customs_arrested_me_for_saying_the_word/
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    November 18, 2016, 11:44:32 AM
     #14
    Guys go to Google trends and do a search using 'Bitcoin' as the search term for the past 7 days. You will see the interest over time and the interest by region which are represented by a graph and a map. The most bizarre thing is that Nigeria has a search interest of 100 which is the highest possible lol. If you are interested to check it out here you go:

    https://www.google.com/trends/explore?date=now%207-d&q=Bitcoin
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    November 18, 2016, 12:15:19 PM
     #15
    Quote from: mobnepal on November 18, 2016, 10:25:08 AM
    *snip

    Quote from: avatar_kiyoshi on November 18, 2016, 09:02:46 AM
    10 bitcoin friendly countries: https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/
    Surprised not to see china in this list however government doesn't seem to care much about bitcoin mining farms situated in china and you can see majority of buying volume coming from china which suggest china being one of the bitcoin blooming country.

    Seems like China government is not really care about bitcoin, so the regulation is just in grey. I think just some group at China which doing a bitcoin activity, mostly mining farm activity, we know electronic equipment there is have a low cost and the electric bills is categorized cheaper.

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    November 18, 2016, 12:17:53 PM
     #16
    After reading this question Immediately 3 Names appeared on my Mind.

    1: China
    2: Brazil
    3: USA

    China have the largest bitcoin mining and miner's equipments..
    Brazil have the most shops, hotels and restaurant accepting bitcoin.
    and USA is also a large amount of bitcoin accepted country.

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    November 18, 2016, 12:46:44 PM
     #17
    I think every country is a bitcoin friendly country .well in the future it might happen that bitcoins maybe illegal in the near future .but dont loose hope rather u should sell those bitcoins and enjoy ur life .kudoos Smiley

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    November 18, 2016, 12:54:32 PM
     #18
    Quote from: shamzblueworld on November 18, 2016, 08:42:41 AM
    Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
    Has such data been calculated and available on the world wide web?

    USA has the largest number of bitcoin users for sure.

    I`m not sure that USA is very bitcoin friendly. Sad

    China dominates btc mining off course...
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    November 18, 2016, 12:57:51 PM
     #19
    it's one hell of a lot friendlier than most places. there are tons of exchanges, tons of places to spend it, regulators have clarified a few things about it. that's all positive.

  • asriloni
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    November 18, 2016, 01:06:21 PM
     #20
    Quote from: shamzblueworld on November 18, 2016, 08:42:41 AM
    Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
    Has such data been calculated and available on the world wide web?
    You can get a lot of the countries are bitcoin friendly at the South America, there are a lot of bitcoiners in there. And it's already supported by their environment. A lot of store which accepts bitcoin for his payment.
    I may think if in some countries outside of the South America the bitcoin will be becoming friendly for all while Russian are pull his statement for ban bitcoin in his country.
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