Post
Topic
Board Bitcoin Discussion
Re: Country rankings in "Bitcoin friendliness"
by
adzino
on 08/07/2023, 16:46:59 UTC
Hello. I would be interested to know if there is a list anywhere that ranks countries according to their "Bitcoin friendliness".

For example, I know from my own experience that Germany is friendlier than Britain. What do I mean by this? I mean it is just easier to transfer money from exchanges to banks and the other way around, the German tax people are generally "cool" with people owning Bitcoin, plus you do not pay capital gains tax on any crypto held longer than a year. Meanwhile, British banks are all angsty and I have heard of people getting their accounts shut down because they transfer fiat to/from an exchange.

Has anyone ever compiled such a list? It would be interesting to do our own rankings, I think, from personal experience!

I know lots of online magazines like Forbes sometimes do lists of "ten Bitcoin-friendly countries". But these sort of articles are usually just fluff (like "ten countries it is easy to retire to" and from experience I know their "lists" are rubbish).

So which are the best from the point of view of the individual like us? I know Germany is pretty good and I would tend to imagine the smaller and more "dynamic" countries like Estonia ought to be better, but what about Asia, Central America, etc? Which country is best of all???
I am sure you can google it and get a list of bitcoin friendly country compiled by someone. And yeah, the list might look like some random countries complied, but then it is up to you to do your research and decide which is the best for you. What might be best for someone, might not be best for you. Maybe a country has very friendly bitcoin law, but the quality of life over there isn't good, so moving there might not be worth it. I did google it and yeah, Germany is actually in the top in most cases. Little bit surprised to see that El Salvador didn't make it to the top on any list.