Yes!
Discussion
That ranking? If so, why aren't the Isle of Man, Curacao and Liechtenstein in the top spots? 
No, that particular algo doesn't yet include size (population, area, etc.)
Discussions afoot.
What would a good algo look like?
Something like this...
E: Number of establishments
P: Population
T: Territorial area (km²)
C: Number of communities
U: Updates
E: Events
Level of bitcoinization in the country or dependency:
E × 1000/P × 1/T × 100 + C + U + E