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Bitcoin vs. Governments: The Countries That Get It (and Those That Don’t)

Bitcoin’s Global Battleground: Who’s Adopting, Who’s Resisting, and What Comes Next

Bitcoin was born from rebellion, a grassroots cypherpunk movement designed to tear down the central banking cartel and return monetary power to the people.

Fast-forward 16 years, and the game has changed. Bitcoin is no longer a fringe experiment—it’s a global battleground.

Some governments embrace it. (El Salvador)
Some fear it. (China)
Some pretend to ignore it while secretly accumulating. (UAE)

And in the middle of it all? Millions of citizens fighting for the right to own and use the hardest money ever created.

🌍 Why Your Government’s Bitcoin Stance Matters

Bitcoin is unstoppable. It doesn’t need permission from politicians, banks, or bureaucrats. 

But in this transition period, as fiat crumbles and hyper-bitcoinization inches closer, a country’s legal stance on Bitcoin can make a huge difference.

🔸 Can you buy, sell, and use Bitcoin freely?
🔸 Are businesses allowed to operate in Bitcoin, or are they choked by regulations?
🔸 Will the government try to tax your sats into oblivion?
🔸 Can you self-custody your Bitcoin, or are you forced into a surveillance-heavy banking system?

These aren’t small details—they make or break your experience as a Bitcoiner.

Bitcoin doesn’t need governments, but Bitcoiners still live under them. And in this war for monetary freedom, we have a powerful weapon—where we choose to spend our time, energy, and money.

If you believe in free markets, you know that money is a vote. By supporting pro-Bitcoin nations and refusing to engage with anti-Bitcoin states, we can push governments toward Bitcoin adoption, one economic decision at a time.

🚀 So which countries are leading the charge? And which ones are doubling down on fiat control?

Let’s break it down. 🔥

🌍 Pro-Bitcoin Nations: The Countries Embracing the Future of Money

While some governments fear Bitcoin, others are leaning in, adopting policies that favor its growth, innovation, and use.

A pro-Bitcoin country doesn’t just mean “it hasn’t banned Bitcoin.” It means:

 Citizens can buy, sell, and use BTC freely
 Businesses can accept Bitcoin without legal chokeholds
 There are clear regulations that don’t stifle innovation
 Taxes on Bitcoin holdings or transactions are low or nonexistent
 There’s real government interest in Bitcoin, not just “crypto” as a vague buzzword

These nations aren’t perfect, but they’ve created an environment where Bitcoiners can thrive.

Here’s a ranking of the most Bitcoin-friendly nations—from the best to those still finding their way.

🏆 1. El Salvador – The First Bitcoin Nation

🚀 Bitcoin Legal Tender | 0% Capital Gains Tax | Pro-Mining Policies

El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as legal tender. Love or hate Bukele, this move was groundbreaking.

🔹 Citizens can pay for anything in Bitcoin—from street food to real estate.
🔹 Businesses are required to accept Bitcoin (though enforcement is questionable).
🔹 El Salvador offers citizenship to Bitcoin investors who contribute to the economy.
🔹 The country is actively mining Bitcoin using volcanic energy.

With no capital gains tax on Bitcoin, pro-business policies, and a government that actually buys and holds BTC, El Salvador remains the king of pro-Bitcoin nations.

2. Madeira – The Hidden Bitcoin Haven

⚡ Tax-Friendly | Pro-Bitcoin Governance | Autonomous From Portugal

Madeira, an autonomous region of Portugal, has quietly become one of the most Bitcoin-friendly places on Earth.

🔹 No personal income tax on Bitcoin.
🔹 Strong pro-Bitcoin government stance—President Miguel Albuquerque openly supports Bitcoin adoption.
🔹 Freedom to transact in BTC without restrictions.

Unlike mainland Portugal, where Bitcoin taxation is still a gray area, Madeira has positioned itself as a financial safe haven for Bitcoiners.

3. Switzerland – “Crypto Valley” and Bitcoin Banking

🏦 Bitcoin-Friendly Banks | No Capital Gains Tax | Private Banking Haven

Switzerland isn’t just neutral in war—it’s neutral on Bitcoin, which makes it one of the best places for high-net-worth Bitcoiners.

🔹 Bitcoin is considered legal property and is not subject to capital gains tax.
🔹 Crypto Valley in Zug is home to numerous Bitcoin startups and businesses.
🔹 Swiss banks are now offering Bitcoin custody services.

Switzerland isn’t as flashy as El Salvador, but its strong financial privacy laws, low regulation interference, and Bitcoin-friendly banking make it a powerhouse for Bitcoiners.

4. Singapore – The Asian Bitcoin Hub

🔹 No Capital Gains Tax | Pro-Crypto Regulation | Financial Powerhouse

Singapore has become one of Asia’s most Bitcoin-friendly nations, offering clear regulations, no capital gains tax on Bitcoin, and a thriving fintech industry.

🔹 Bitcoin is legal and freely tradable.
🔹 Financial institutions in Singapore are beginning to offer Bitcoin-related services.
🔹 Clear regulatory framework that doesn’t crush Bitcoin businesses.

The only downside? Singapore is extremely expensive—but for those who can afford it, it’s a solid jurisdiction for Bitcoiners.

5. Bermuda – The Unexpected Bitcoin Paradise

🌴 Tax-Free Bitcoin | Pro-Crypto Government | Easy Residency

Bermuda is one of the most pro-crypto jurisdictions in the world, and Bitcoiners benefit from its tax-friendly policies.

🔹 Bitcoin is tax-free—no capital gains, no income tax.
🔹 Government is actively working with Bitcoin businesses.
🔹 You can become a resident fairly easily.

It may not have Bitcoin legal tender status yet, but its tax structure makes it a top choice for those looking to escape fiat’s grip.

🔜 Honorable Mentions – Countries on the Path to Bitcoin Freedom

While these nations haven’t gone full Bitcoin yet, they’re moving in the right direction:

Canada – Despite Justin Trudeau’s authoritarian policies, Canada has a thriving Bitcoin scene, with huge mining operations and strong self-custody culture.

Germany – One of the few European countries that treats Bitcoin as long-term property rather than taxable income.

United Arab EmiratesDubai is quietly becoming a Bitcoin hub with clear regulations and low taxes.

Malaysia – Growing Bitcoin adoption with zero capital gains tax on BTC.

PanamaFlirted with Bitcoin as legal tender but hasn’t fully committed yet.

⚠️ Just Because a Country Is “Crypto-Friendly” Doesn’t Mean It’s Bitcoin-Friendly

Many nations claim to be open to Bitcoin, but what they really mean is:

🔸 They want to control it (CBDCs incoming).
🔸 They favor centralized altcoins (Cardano, XRP, etc.).
🔸 They tax Bitcoin into oblivion.

The countries listed above are among the few that actually make Bitcoin a priority.

🚀 Bitcoiners Should Support Pro-Bitcoin Nations

Bitcoin doesn’t need a nation’s approval—but Bitcoiners should still be strategic.

  • If your government is anti-Bitcoin, don’t beg them to change—just stop feeding their economy.

  • If you’re planning to relocate, consider a country where your Bitcoin is respected.

  • Support businesses, politicians, and regions that are pro-Bitcoin, and starve the ones that aren’t.

Next up: The countries that are Bitcoin’s biggest enemies. 👀🔥

🚫 The Anti-Bitcoin Nations: The Governments Fighting Financial Freedom

Bitcoin is unstoppable. No government can ban math, and no regulation can stop a decentralized network from growing block by block.

But that hasn’t stopped some of the world’s most authoritarian and control-driven governments from trying.

Some outright ban Bitcoin to protect their crumbling fiat systems.
Others tax it into irrelevance so citizens never break free.
And some pretend to ignore it—while secretly hoarding Bitcoin behind the scenes.

Here are the worst offenders—governments that are doing everything in their power to suppress Bitcoin adoption and financial freedom.

1. China – The Serial Bitcoin Banning Champion

📢 Ban Count: At least 8 times | 🚨 Status: Pro-CBDC, Anti-Bitcoin

China is the undisputed king of anti-Bitcoin policies.

🔹 Declared all Bitcoin transactions illegal in 2021.
🔹 Banned Bitcoin mining, forcing a mass exodus of miners.
🔹 Promoting its Digital Yuan (CBDC) to surveil every transaction.
🔹 Despite bans, China still holds a significant amount of seized Bitcoin.

This is the classic authoritarian playbook: ban Bitcoin for citizens while secretly keeping a stack for the state.

2. Algeria – Bitcoin Is Completely Illegal

📢 Ban Count: Full ban on usage, holding, and transactions | 🚨 Status: No crypto infrastructure allowed

Algeria criminalized all cryptocurrency transactions in 2018. The government claims:

🔹 Bitcoin threatens economic stability.
🔹 Cryptocurrency transactions are unauthorized and punishable by law.
🔹 The financial system must remain under strict state control.

Algeria is a prime example of a government that fears losing control over money.

3. Egypt – Bitcoin Is Haram

📢 Ban Count: Full prohibition | 🚨 Status: Religious and financial bans

Egypt isn’t just against Bitcoin legally—its religious authorities have declared Bitcoin haram (forbidden in Islam).

🔹 The Central Bank of Egypt prohibits trading, buying, or selling Bitcoin.
🔹 Religious authorities claim Bitcoin is too volatile and speculative.
🔹 Strict capital controls keep citizens locked into the Egyptian pound.

This is fiat enslavement in action—not just a government ban, but a moral decree against financial independence.

4. Nepal – No Bitcoin, No Exceptions

📢 Ban Count: Full ban since 2021 | 🚨 Status: No legal crypto activity allowed

Nepal’s central bank banned Bitcoin outright, claiming:

🔹 It poses a risk to the financial system.
🔹 It threatens the stability of the Nepali rupee.
🔹 Any crypto-related transactions are illegal and punishable.

Nepal is a small but powerful example of how governments react when they see Bitcoin as a competitor, not just an asset.

5. Bangladesh – Bitcoin Is a Crime

📢 Ban Count: Full ban since 2017 | 🚨 Status: Criminal offense to use Bitcoin

Bangladesh took its Bitcoin crackdown further than most nations.

🔹 Using Bitcoin can result in jail time.
🔹 Banks monitor transactions to block anything crypto-related.
🔹 The government sees Bitcoin as a national security risk.

The goal is clear: force everyone to stay inside the controlled fiat system.

🔥 The War on Bitcoin Is Failing

Every country on this list has tried to kill Bitcoin.
Every country on this list has failed.

💥 China banned Bitcoin—miners left, the network survived.
💥 Nigeria banned Bitcoin—P2P trading skyrocketed.
💥 Bolivia banned Bitcoin—citizens still use it.

Every attempt to stop Bitcoin only proves why it’s necessary.

Bitcoin is freedom money.
Fiat is control money.

Now, ask yourself: Which one do you want to hold?

📢 Bitcoiners Need to Be Strategic

✔️ Support Bitcoin-friendly nations.
✔️ Minimize exposure to anti-Bitcoin states.
✔️ Vote with your money, your transactions, and your attention.

Bitcoin doesn’t care about borders. But governments trying to control you do.

If this post opened your eyes, share it—because the war on Bitcoin isn’t stopping, and the more people know, the stronger we get. 🟠🔥

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