COUNTRIES THAT WILL SOON BAN CRYPTOCURRENCIES/BLOCKCHAIN FOREVER! GET READY

bizdynamicx (30)in #blockchain • 6 years ago (edited)

COUNTRIES THAT WILL SOON BAN CRYPTOCURRENCIES! GET READY

It goes on and on.

First, it was a drama in Colombia over investigation of whether to go or vote against .

But that is not all.

Let's say USA and Coinbase are out of the CRYPTOCURRENCIES/BLOCKCHAIN sphere. How much do you think the price of Bitcoin will be? $400, or $200, Let me know what you think below.

SECURITY_CONCERNS_WITH_BITCOIN_AND_OTHER_CRYPTOCURRENCIES.png

Over the last 2 years, we have seen major changes in terms of the most crypto friendly countries. As we know, the major players have remained US, Australia, Sweden, Switzerland, Germany and many more we shall be looking at.

However, the truth is, a lot has changed in just a couple of days. More unknown counties are coming in to embrace the Blockchain technology with great audacity.

But the question is, why the fight when 3 years ago Bitcoin was not a great idea?
Even more interesting is the stat below.

According to a stat from Google, the keyword “Buy Bitcoins” rose to more than a million for the first time on the Google search engine”.

Countries that CRYPTOCURRENCIES/BLOCKCHAIN MAY DIE TOTALLY.

China
India

WORLD TOP 5 BITCOIN/BLOCKCHAIN TECH FRIENDLY COUNTRIES

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“More than 16.3 million Americans own some cryptocurrencies or the other” – finder.com.
Moreover, the hype of Blockchain has seen many eyebrows raised even when 80% of the participants do not truly know what it means and the essence.

In spite of this, the ones that know what it has to offer have adopted it with a rapt audacity with the viable potential to change the economy and major projects based on the industries.

For an example, you cannot rule out Blockchain projects like Nano Vision, Ripple, Selfkey and etc.

1. SLOVENIA

Yes, Slovenia, in case you didn’t see it coming.
Agreed, not popular like the rest, but Slovenia has already done something so many Blockchain friendly countries haven’t done. You want to know what they have done.
This is it.

The country has the strongest civil support of Bitcoin in the world. It operates a public organization Bitcoin Association and it is headed by no other than a known crypto enthusiast, Jure Pirc.

The more daunting adoption? The country aims to popularize and promote Bitcoin crypto initiatives at the state level.

2. AUSTRALIA

There is no doubt that more Australians may have bought Bitcoins overseas, as no GST applies to Cryptocurrency in most overseas jurisdictions.

Since the Crypto/financial laws are accommodating, is it not a surprise that the Blockchain enthusiasts have increased as well.

3. BELIZE

It is not a surprise that Belize is one of the Bitcoin/Blockchain tech friendly countries.

As Bitcoin is becoming a global phenomenon, Belize is growing gradually to be a top Bitcoin friendly country.
And the best news? Personal freedom is at the core of what Belize is all about.

Not just that. Taxes are low, government interference is minimal, and life is what you make of it. With this freedom and more, you can easily invest in real estates with Bitcoin in Belize.

4. BULGARIA

“Thank God, Bulgaria can pay her debt now with over 210,000 Bitcoins in possession”.

Became a popular Bitcoin country due to a crackdown of an organized crime by Bulgarian law enforcement in May which resulted in the seizure of more than 200,000 Bitcoins – an amount worth more than $1 billion at today's prices.

The exact amount 200,000 X $6,000 (ATTW) = $1,200,000,000
With more enlightenments, Bulgaria is slowing becoming a Bitcoin friendly hub.
Where to buy Bitcoin/Cryptos in Bulgaria: Coinbase
(ATTW: At the time of writing.)

5.CANADA

Canada as one of the Bitcoin friendly countries is not a superstition. Why? Canada was the first cashless nation in the world.
Apart from that. Even though they are crypto friendly, like the U.S, certain laws restrict her citizens to participate in some Blockchain startups outside the country.