ICO / Crypto Top 3 Crypto-Friendly Countries Published 1 year ago on June 4, 2018 By Editor Share Tweet Cryptocurrency has been met with mixed receptions by governments around the world as it begins to rise into the mainstream. Some places have outright outlawed (to little avail) cryptocurrencies and others have chosen to full-on embrace the blockchain technology, going so far as to create friendly legislation to support crypto entrepreneurs working in their countries. Let’s take a look at the 3 most friendly crypto countries. The number one place is Estonia which has been making strides with the blockchain technology in its economy and government. Estonia is the first country to establish an e-residency program, Estonia is now working to digitize health records on the blockchain and has announced legislation to help it become a hub of blockchain innovation. Second is Russia, which has had its up and downs but as of now is quite friendly to cryptocurrency development. There have been rumors that the Russian central bank is planning its own blockchain and Sberbank has created a blockchain called master chain. You can also look at any one of the ICO’s circulating now and see that Russians are quite prevalent in our community. There is no doubt that in the future Russia will be a cryptocurrency powerhouse. The third most blockchain friendly nation iS Switzerland, which is home to big names like Tezos and Ethereum thanks to its lax laws pertaining to cryptocurrency. Zug Switzerland has even become known as the crypto valley thanks to the growing number of blockchain organizations that call this townhome. Like Estonia, Switzerland is implementing a blockchain based identity system for it citizens using the Ethereum blockchain. So, if you are looking to start a crypto startup and have the funds to relocate you HQ then I would consider one of these three places. It would also be smart to seek advice or expertise from experts in the regions because they may have access to a much wider network of experts that can help. Tell us how does your country regulate crypto? Here in man places the regulation is loose if even existent, the current guidance is usually a cautionary statement on how you can lose money investing in bitcoin. We should all work together to inform our people and politicians about the usefulness of blockchain technology. It is up to us early adopters to dispel the fear and lies about this budding industry. Omniloquent was brought to you by @yallapapi. This article was written by @masterroshi and edited by @flashfiction. Are you interested in writing for us? Writers earn 40% of the SBD payout of all cryptocurrency/finance posts they submit. Send all submissions to firstname.lastname@example.org. To read more about The Omniloquent Project, click here. Or join the Discord group Related Topics:crypto Up Next Gambling on the Blockchain Don't Miss Top 3 Crypto Non-Friendly Countries Continue Reading You may like Trading Stock Options About DApps Cryptocurrency Airdrops Are The New Thing! Simplest guide to setup your MasterNode Wells Fargo Bans Restricts Crypto Purchases on Credit Cards UK’s Watchdog Rallies the Enhancement of Scrutiny to Crypto-Related Clients ICO / Crypto Can cryptocurrency survive a gobal financial crisis? Published 12 months ago on November 3, 2018 By Editor Is cryptocurrency a hedge against economic downturns? The answer to this question is quite controversial, some would say yes because this is what crypto was made for; while others would chime that crypto is unproven in a downturn and will need to survive its first one before we can feel at ease about its survivability. Much of your perception on whether bitcoin and cryptocurrency in general will survive aneconomic crisis, is based on where you stand about cryptocurrency in general. Today we will talk about the possible survivability of cryptocurency in a crisis. Is Venezuela a test case Right now in Aouth America there are several financial crises transpiring that may create possible examples of how crypto will fare in a financial storm. In venezuela reports are coing out that many people are choosing to use cryptocurrency to pay for life expenses. The national government under President Maduro have begun to implement their own state backed cryptocurrency called the petro. The Petro is an asset pegged to the price of a barrel of oil and the Venezuelan government hopes it will help them escape dollar tyrany. Hyperinflation has taken its toll on Venezuelans but many of them were informed enough to seek financial refuge with cryptocurrencies. This is a great example of how when value leaves fiat the holders will seek to run to other assets to store value; that exodus now has cryptocurrency as an outlet for the fleeing fiat users. We may see a big example soon enough Much of the world is currently on the precipice of a financial downturn and if america keeps behaving the way it has been then we will likely see a major crises emerge in the next 5 years or so. some analysts see a move away from the dollar as a potential catalyst whilst others proclaim that the trade war and student debt will push us into the downturn of this decade. Unlike those times prior, now cryptocurrency has created and outlet for those funds that “dissappear” from markets as the major stakeholders cash out. The financial bigwigs are likely going to enter the cryptospace as they will soon see it as a way to maintain some value in the crises they create. Continue Reading Business Global markets are getting volatile as trade spats continue. Published 12 months ago on October 26, 2018 By Editor Trade wars taking their toll This trade spat between the united states and China is becoming increasingly burdensome upon the people of the world. Emerging markets are tanking and as of this week the american market is also strugling. In america the pullback can be attributed to the corporate shareholders who have been on a buying frenzy, taking a breather and starting to sell. this has kocked the DOW and NASDAQ off off all time highs and caused concern for the smaller investors. There is widespread reports of a possible recession caused by these market circumstances and it could be big. Some cryptocurrency supporters believe that this round of economic turmoil will translate into a run up in the prices of bitcoin and some altcoins. Will bitcoin prevail in the next downturn for most of this year stocks in the usa have been on a tear rising similar to how crypto did in 2017. Some are saying this rise will lead to a huge correction that will lead many investors to begin using cryptocurrencies. They site the instances of countries like Venezuela who almost immediately turned to bitcoin and crypto in the midst of its current crisis. I personally hope that this current downturn comes to an end and hopefully some of that money in the hemorrhaging stock market s will find its way into crypto. Check out this video that kind of explains some of whats going on from the crypto lark over on Youtube! source Continue Reading ICO / Crypto In a bloodbath be a market vampire Published 1 year ago on August 15, 2018 By Editor Cryptocurrency is hemorrhaging and im a hungry vampire Since the beginning of 2018 the cryptocurrency markent has experienced an epic sell off. Currently 90% of all cryptocurrencies are down atleast 80% from their highs a year ago. Some of you probably think this is the end of Bitcoin, but it is more likely the end of many Shitcoins with inactive platforms or illconcieved concepts. It is likely that over the next few months many coins will begin to get delisted a their values drop below $0.00, only the strong will survive this rapture. You’ll live if you have an active platform Platforms like Stellar, Binance, and Steemit are likely to endure through this apocolypse mainly due to their strong platforms and huge fanbases that, not only believe but also work hard to keep the blockchain running as a commnity. The coins that are still hinged upon promises and illusions will fall to oblivion. Take this time to evaluate you portfolia and rid yourself of shitcoins and prepare for the great buying opportunity that is about to present itself. The long road ahead The last bitcoin bear market lasted around 14 months and when it ended it still took nearly a year for crypto to really rally in 2017. This recession was an inevitable happenstance that many professional analysts predicted. In 2018 all the rumors were that Bitcoin would drop over 70% before rebounding and surpassing its all time highs. With all this news about institutional investments coming into cryptocurrency It is doubtful that the industry is dead. On the contrary I think it is the beginning of a new period in the crypto economy. Regulation is coming and when that happens the Institutional investors will begin pumping crypto as they build their corporate positions for the future. ### Watch the charts Right now is not a very good buy situation but it would be a good idea to open positions after BTC droppes below $6000 because a strong rebound is likely. I say that because around $5900 is the mining profitability threshhold. We all know miners control the BTC market so it is a logical pivot and point of support for bullish traders. Try to average into the market and remember that your in it for the long haul. 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