Post
Topic
Board Bitcoin Discussion
Re: UK bitcoin users/ business owners - Please read this
by
DoctorOz
on 03/03/2014, 15:47:09 UTC
People will have to vote with their feet when it comes to this one. Its the only thing that really works.
Take it as a vacation
I am probably being dumb here, but I am failing to understand. Can you enlighten me please Smiley ?
I mean moving the business to a more bitcoin friendly country.

Its not the ideal solution of course, but if some governments fail to strike the right regulatory balance, that could be the only alternative

Exactly.... if BTC is a global business, the global solutions are also of much warrant.  I understand the emotional need to be a local patriot.  However, business functions on rationality.  I'm sure that the UK banking and Govt sector would react quicker if they would see the 'potential' being exploited by other more 'open' governments and institutions.  I mean, for instance, NIKE had no issue with shifting their manufacturing to South East Asia, as they firmly believed that it was good for business.  Not sure if they were to worried about 'local patriotism'?

Lets be fair, if Bitstamp was formed in the US and not Slovenia, would they have achieved their success??

I'm sure Malta would be very interested in you :-)