12 Bitcoin Friendly Countries for Cryptocurrency

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✅ Should Bitcoin Be Legalised? | Should Countries Use Bitcoin?

✅ Should Bitcoin Be Legalised? | Should Countries Use Bitcoin?
As the Bitcoin started getting popular, regulatory authorities of countries all across the world seemed to be confused in handling the currency. Some countries legalized it while others made the Bitcoin illegal. While some other restricted and regulated the crypto markets in their country. In this article, let us explore the response to- Should Bitcoin be legalized? Read Full Article Here 👉🏻 https://bit.ly/3chJANz
#bitcoin #legalisebitcoin #illegalbitcoin #cryptos #cryptoworld #crypto #cryptomarket #bitcoinhalving #bitcoinwallet #bitcoincash #bitcoinarticle #bitcoincash
submitted by cryptoknowmics to ckm_official [link] [comments]

Find Which country use Bitcoin Currency

submitted by ziyush to Bitcoin [link] [comments]

Find Which country use Bitcoin Currency

submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Magthin reddit! I am Felix Weis, Bitcoin traveler since 365 days. I visited 18 countries using Bitcoin, now celebrating my anniversary on Yap Island, Micronesia (Rai stone money). AMA

Magthin reddit! I am Felix Weis, Bitcoin traveler since 365 days. I visited 18 countries using Bitcoin, now celebrating my anniversary on Yap Island, Micronesia (Rai stone money). AMA submitted by bitcoin-traveler to Bitcoin [link] [comments]

Transferring money between countries using Bitcoin

Hello folks. Continuing my previous post about viability of btc in transferring money from country A to country B, I would like to discuss with you (more experienced cryptocurrency users) my scheme how I am going to do it and I would also like to hear your opinions on how some things can be improved and listen to newbie advices overall.
So, lets begin. Main goal is to transfer around 15,000€ monthly from “Country A” to “Country B” using cryptocurrency and bypassing all these predatory charges of companies such Western Union and bank systems and also retaining anonymity. I, “person A” in “Country A” am going to register on LocalBitcoins and then buy Btc on said amount of 15,000€ - after that transaction is done and Btc is on account, “Person B” will need to cash out these bitcoins in “country B”. I know, that in “country B” there are Bitcoin ATMs - so to withdraw our btc and to make them in cash we will use them - Bitcoin ATM. For that we will need “paper wallet” - here is where I have problems in understanding of what exactly is paper wallet and how to obtain them and use them? After all that done, “Person b” in “country b” will have no problem withdrawing btc from account and receiving them in cash straight out of bitcoin ATM, automatically converting BTC in Euro - right? Main questions are: -will my scheme work and is there any things I am missing/is it optimal scheme? -wont it be more expensive than just transferring money via said WesternUnion or similar service?
Please, if you have any thoughts - share them. Also, if you are experienced in that matter, have time and are willing to help - I would be happy to discuss that in discord or telegram - just pm me.
Thank you in advance.
submitted by SkinnyYura to Bitcoin [link] [comments]

@BitMinutesBot used to send prepaid phone credits to over 500 carriers in 135+ countries using Bitcoin.

I don't know too much about telegram bots but this must be one that doesn't work with high fees.
Can we get a bch version? Prepaid phone credits are as good as cash in some places. The world can use this.
I saw it in October 2015:
With @BitMinutesBot you can buy or send prepaid phone credits to over 500 carriers in 135+ countries using Bitcoin. simply send it a phone number or share a contact to get started.
submitted by LuxuriousThrowAway to btc [link] [comments]

What would stop someone from taking out a $100,000 personal loan (or business loan), smuggling it out of the country using Bitcoin (or gold for the less tech-savvy), and retiring in a poor country like Mexico or Guatemala?

submitted by paul2541 to AskReddit [link] [comments]

What would stop someone from taking out a $100,000 student loan (or business loan), smuggling it out of the country using Bitcoin (or gold for the less tech-savvy), and retiring in a poor country like Mexico or Guatemala?

submitted by paul2541 to AskReddit [link] [comments]

@BitMinutesBot used to send prepaid phone credits to over 500 carriers in 135+ countries using Bitcoin. /r/btc

@BitMinutesBot used to send prepaid phone credits to over 500 carriers in 135+ countries using Bitcoin. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Transferring money between countries using Bitcoin /r/Bitcoin

Transferring money between countries using Bitcoin /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: What would stop someone from taking out a $100,000 personal loan (or business loan), smuggling it out of the country using Bitcoin (or gold for the less tech-savvy), and retiring in a poor country lik /r/AskReddit

Bitcoin mentioned around Reddit: What would stop someone from taking out a $100,000 personal loan (or business loan), smuggling it out of the country using Bitcoin (or gold for the less tech-savvy), and retiring in a poor country lik /AskReddit submitted by BitcoinAllBot to BitcoinAll [link] [comments]

If a country used bitcoins as its currency, and came under an attack (like Pearl Harbor)...

Theoretically, lets say one country uses bitcoins as its national currency. And another country uses a fractional reserve, federal reserve system like the United States. Lets say the non-bitcoin country uses its military to attack the bitcoin country. How would the bitcoin-based country issue credit and raise funds to fight the war?
The non-bitcoin country could just issue bonds and inflate the currency supply so they can pay for the war by issuing credit payable with interest set on a marketplace. The bitcoin country would be bound by a deflationary currency that has no capacity for expansion. Would the bitcoin economy have to spawn another blockchain to issue credit?
What are your thoughts?
submitted by new_lovin to Bitcoin [link] [comments]

It's hard for me to see masses in "Stable" countries using Bitcoin, anyone else?

I think the main way people in 'Stable' countries will use Bitcoin is if they don't even know they're using it in the first place. Doesn't that seem to make the most sense? Them using services that are running on top of the Bitcoin network?
It's hard to imagine masses in Countries like the U.S. rushing out to buy BTC for purposes other than a 'BTC savings account', even if good 10% off sales are abundant with BTC purchases at stores.
Now, if everyone in the USA woke up one morning to have their Dollar devalued 20%, then, I could see them piling in/buying BTC directly head over heel to try something new.
Thoughts?
submitted by Logical007 to Bitcoin [link] [comments]

Magthin reddit! I am Felix Weis, Bitcoin traveler since 365 days. I visited 18 countries using Bitcoin, now celebrating my anniversary on Yap Island, Micronesia (Rai stone money). AMA

Magthin reddit! I am Felix Weis, Bitcoin traveler since 365 days. I visited 18 countries using Bitcoin, now celebrating my anniversary on Yap Island, Micronesia (Rai stone money). AMA submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Anyone in "oil country" using Bitcoin!? Does anyone have questions/concerns/criticism/praise? Let us know!

Did you know Edmonton: Hosts 3 Bitcoin ATMs Has merchants accepting Bitcoin Hosted Coinfest in 2014 Is on track to host Coinfest again in 2015 Is just getting started...
submitted by btcsolutionsca to Edmonton [link] [comments]

Any possibility of countries using bitcoin to back fiat in the far or near future?

Considering that the dutch just shipped all their gold from the US back to the netherlands, if bitcoin succeeds, could countries start using bitcoin reserves to back up their fiat? Why or why not?
submitted by shibenyc to Bitcoin [link] [comments]

Arle Ecosystem; Storing your various data

Arle Ecosystem; Storing your various data
The dominance of the blockchain and the crypto currency is not a joke or a fantasy, because the growth and its importance to the world in general is easily accessible and observable by all in the whole world.
Take another instance, and observe the rate of massive adoption of the blockchain and crypto currency by people of different countries using bitcoin as an alternative payment system, integrating ripple with banking services, and also with the aid of smart contracts helping several ecosystems in the blockchain world today.
But do you know that most blockchain platforms are centralized when it comes to your data and information; and this betrays the blockchain ideology on all grounds, several projects have tried to conceal the data, records and identities of several users; and it deserves a better blockchain to do that which is why Arcs fits the Task.

https://preview.redd.it/9pw49kv62xb51.png?width=842&format=png&auto=webp&s=83590bee23cb5a2f05a5972c96c6849aa2aa9050
What is Arcs?
Arcs is providing the whole blockchain system a new world token and a blockchain ecosystem in Alre; Alre is a blockchain ecosystem that provides the entire platform functionality for management and storing of different various data structures, which are essential to businesses and to also monetize data. Monetize data also means earning from storing datas.
And to make the alre platform very functional, the arcs token comes to aid; the arcs token will help the platform achieve non centralized system by operating in a unique way.
How does the Alre Ecosystem operate?
The Alre Ecosystem is operated to work based on 3 functionalities; The functionalities provide the system a flexible framework; that makes it easy for companies, industries t build their system scenarios and application, as well as store their data with powerful insights from the data analytics.


The 3 functionalities of the Alre Ecosystem are;
  1. Information input; This is where data, information of individuals or companies are received into the alre platform. The data requested to be inputted will include gender, address, questionairres answers, blog texts and profile links to social media accounts. The interesting facts is that the Alre is designed using the Internet of Things IoT blockchain and the Artificial Intelligence AI functions to store personal details, health details and location details with the consent of the user, as you input your details to be stored safely on the Alre ecosystem, you receive the arcs token as an incentive.
  2. Information storage; The Alre system calculates the has values for every inputted data and stores it on the blockchain platform automatically. This process ensures that the integrity of the platform is protected and also ensures that data are always verified and never tampered with.
  3. Information utilization; One of the important features of the Alre platform is that it allows companies to integrate their businesses and applications and even offer their own data bank services.
Overview for how the functionalities work is below

https://preview.redd.it/9qlklthc2xb51.png?width=791&format=png&auto=webp&s=866f15ba837d19e243b862a2855045dbefe199a8
In a nutshell, the Alre platform ensures that;
  1. You get to earn as you store and save your data records;
  2. Prevents data tampering that has been existent in a long while;
  3. You get to transact data with other platform users;
  4. You get to earn the arcs token, trade it, or hodl it.
For further information about the platform, do use the links below;
WEBSITE | TWITTER | TELEGRAM | MEDIUM | WHITE PAPER
Author: alekseikivolov
https://bitcointalk.org/index.php?action=profile;u=2636846
submitted by alekseikivolov to u/alekseikivolov [link] [comments]

Bitcoin Payment for Passport in Venezuela is a Cool Thing About Bitcoin

Bitcoin Payment for Passport in Venezuela is a Cool Thing About Bitcoin
Since its inception, Bitcoin has been a fan favorite and has gained widespread publicity, as a result, its increasing price surge over the years.
From the first-ever block that was mined to the latest block, Bitcoin has increasingly given out rewards that have exceeded what most investments would bring. Presently, Bitcoin trades at around the $9,200 mark as it has witnessed major decline from the previous $10,000 mark.
Generally, Bitcoin was first created as a peer to peer payment system according to the white paper released by the presumed father of Bitcoin, Satoshi Nakamoto. Almost 11 years down the line since Bitcoins creation, we have witnessed major adoption all over the world.
Presently, major firms in developed and developing countries have started to accept payments for transactions via Bitcoin. This is brought into fruition by exchange platforms as they have been the major driving force behind the adoption of Bitcoin as a result of setting up physical and virtual branches in countries across the globe.
Venezuela debuts Bitcoin payment options for passport fees
In light of the adoption of Bitcoin, reports emanating out of Venezuela is that the government has now decided to accept Bitcoin as a means of payment for passport applications. Normally, in every country, there are fees that an individual is supposed to pay if he wants to apply for passport or its renewal. With this news, it means that Venezuela has gone ahead of other countries to start accepting BTC as a means of payment for passport procurement.

https://preview.redd.it/i3qescgl98751.png?width=440&format=png&auto=webp&s=ebdae4464742740111a2d332fc57c53cd9228b0b
Confirming the news on Twitter, a self-claimed, Investor and Miner (@BTCLovera) said,
"I have just verified it personally and it is totally true. #Venezuela, the immigration service, is accepting bitcoin for payments. Renew passport or request an extension."
As a result of the fact that the feature isn't available to Venezuelans living in the country, the majority of them have kicked against it. Criticizing the move, a Twitter user said, "But... But, bitcoin is slow and has no use case!". On the other side, a high profile influencer, Bitcoin Educator, Developer and Entrepreneur Jimmy Song embraced what's coming in Venezuela. He tweetd;
"Venezuelan government is using BTCPayServer to accept Bitcoin for passport application payments. The same software is being used by hrf to accept donations to subvert governments like Venezuela. If this doesn't show that #Bitcoin is the money of enemies, I don't know what does"
Countries use Bitcoin as a means to reduce the impact of US sanctions
This is not the first time a country would be hoping to use crypto to their own benefit as in the previous years, countries under the US sanctions are using crypto to bail out themselves. Countries like Iran, Russia, and China have enjoyed major benefits of digital assets even with US sanctions looming. Below is a list of countries under the US sanctions and how crypto and Bitcoin has helped them.
Iran
Since the last two years, the United States of America sanctions on Iran have been very effective and it has shrunk the economy of the Asian country by 10-20%. Presently, Iran is using Bitcoin as a tool to better its economy as it has plans to increase it's mining operations across the country with a Blockchain backed digital currency on the way in the nearest future.
China
Due to the ever-present US-China trade war, there have been growing concerns about how the US sanctions will affect the economy of the country. American president Donald Trump has promised to use the sanctions to frustrate China, a move that is already in play. China has the ever-growing presence of Bitcoin and crypto assets to better their economy and they are aiming to be the first country to launch its CBDC with a pilot test already underway.
Russia
As a result of US sanctions on Russia, the country has been making moves to replace the US dollar with Bitcoin as its reserve currency to limit the impact of the sanctions. According to an economist in the country, the country is looking to invest heavily in Bitcoin and dump the US dollar. Even though the president of Russia, Vladimir Putin has said he is skeptical about Bitcoin, he is an ardent believer in the Blockchain technology. The president has echoed that he hopes Russia look the way of the technology to create their own CBDC.
In conclusion, most countries are adopting Bitcoin either as a payment option or as a hedge in times of trouble because Bitcoin has delivered massive profits over the years. Bitcoin adoption is further growing widespread as a result of the increase of exchanges who are venturing into countries around the globe.
submitted by Bit2buzz to CryptoCurrencyTrading [link] [comments]

Bitcoin is censorship resistant money. No govt can control it, leading countries like Iran and Venezuela to use BTC as a way to skirt around sanctions.

Bitcoin is censorship resistant money. No govt can control it, leading countries like Iran and Venezuela to use BTC as a way to skirt around sanctions. submitted by heist95 to Bitcoin [link] [comments]

Countries are pushing towards going cashless, that means every street drug dealer will end up using bitcoin. Illegal drug market is valued at $360 billion. Bitcoin's market cap would need to double to handle this.

Think about it, digital dollar is coming, other countries are pushing to get rid of cash too. Some of it is to push to get tax money, other reason is to push negative interest rates, among other reasons. There way more black market transactions that just drugs, but drugs alone is valued at $360 billlion. Bitcoin would need to double to handle that. Meaning price will go up at minimum +100%

I know this isn't the best reason for bitcoin to go up, but the underlying economics of it still hold true.
submitted by dancingbearstonks to Bitcoin [link] [comments]

Some say energy use is bad. I say this is one of the most bullish metrics bitcoin has. The fact that magic internet money can be compared alongside countries is a major feat.

Some say energy use is bad. I say this is one of the most bullish metrics bitcoin has. The fact that magic internet money can be compared alongside countries is a major feat. submitted by spookiestevie to Bitcoin [link] [comments]

06-20 17:25 - 'We seriously need bitcoin, this why i use my visa to buy btc with fiat on [link]. If not because i can't buy all what I need with bitcoin in my country, i won't be holding any fiat' by /u/soljal543 removed from /r/Bitcoin within 97-107min

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We seriously need bitcoin, this why i use my visa to buy btc with fiat on [link]1 . If not because i can't buy all what I need with bitcoin in my country, i won't be holding any fiat
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: soljal543
1: c*a*gen*w.io
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

100% OneCoin Use Countries  Inspiring Nation The Most Crypto Friendly Countries The Single Strategy To Use For How to Buy Bitcoin Legally in the U.S- Investopedia Trump uses Bitcoin to buy Greenland!!! Just kidding! Would be great though!! And Bakkt News MAN USES $1,000,000 PPP LOAN TO BUY BITCOIN

Bitcoin is the closest anything except the US dollar has ever come to being a de facto ‘global currency’. Yet no country officially accepts Bitcoin as legal tender. Now there are some countries, like Venezuala, that are teetering on the edge and may need to resort to using cryptocurrencies to replace its own fiat.But the reality is, Bitcoin is not an official currency in any country. Countries That Say Yes to Bitcoin . Bitcoin can be used anonymously to conduct transactions between any account holders, anywhere and anytime across the globe, which makes it attractive to The country is tenth in the ranking in terms of trading on Localbitcoins, has 5 crypto ATMs registered and there is a discreet list of businesses that accept bitcoin as payment. 9) Brazil It represents the 22nd country in the world for trading volumes on Localbitcoins, but it has a fair number of shops and other activities that accept the Bitcoin consumes more energy than the entire nation of Switzerland, according to new estimates published by researchers at the University of Cambridge. An online tool that launched this week Illegal – If you live in the Northen African nation of Alergia, you aren’t allowed to buy, sell or possess any form of cryptocurrency. The declaration was made in the Algerian “Journal Officiel” on December 2017. All types of cryptocurrency, like Bitcoin is illegal, and breaking the law is punishable by both law and force.

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100% OneCoin Use Countries Inspiring Nation

This content is intended to be used and must be used for informational purposes only. It is very important to do your own research before making any investment. ... How To Buy Bitcoin In 2020 ... Slovenia has more than 300 merchants accepting Bitcoin Cash and other cryptocurrencies which makes it one of the top countries per capita worldwide. The regulators are also pro crypto, which can ... A handful of small countries - from Switzerland and Liechtenstein to Bermuda and Malta - have opened their doors to cryptos, with new crypto-friendly legislation to hiring incentives to tax ... Bitcoin is not technically "coins," so it only seems best that a bitcoin wallet would not actually be a wallet. The public key is the area where deals are deposited to and withdrawn from. Trump uses #Bitcoin to buy Greenland! Just kidding! Would be great though! #Bakkt News https://www.patreon.com/bitcoinben Please help me spread the crypto me...

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