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Topic: Bitcoin has a lot of interest outside of the USA (Read 1636 times)

hero member
Activity: 533
Merit: 501
November 29, 2011, 12:37:14 PM
#11
Why is the interest so high in Russia in particular? It looks like it has double the hits as any other country.

Not for the best reasons I suppose...

I don't think it is cracker and criminals. This would be too high of a result for such a small segment of the population.
I have a few friends that are Russian…they went to great lengths to escape the communist regime during the 80's and don't hold governmental systems in high regard.  Having lived through a collapse of an economic system, I suspect many middle aged people in Russia would be much more receptive to alternative currencies such as bitcoin.
Interesting insight!

Agreed. It is easy to trust in the promises of political leaders, but when that trust is undermined, it is undermined in a big way.

All around the world people are starting to distrust the economic policies of national fiat money producers. Quantitative easing does not put dollar holders at ease. This is why precious metals are off the chart in price. This is also why our little bitcoin project has such a pulse. Yes, it was a great invention, but even better it was a great invention at just the right time.

It doesn't take much to get people running for the hills from a questionable currency. For this reason I think that there will be a second crazy bitcoin bubble when a fiat currency faces a crisis of confidence. I don't think it will last though, and their will be another dip after the bubble.

Ok, enough reading tea leaves for one day Smiley
full member
Activity: 154
Merit: 102
Bitcoin!
Hopefully interest around the world will grow and keep growing.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Why is the interest so high in Russia in particular? It looks like it has double the hits as any other country.

Not for the best reasons I suppose...

I don't think it is cracker and criminals. This would be too high of a result for such a small segment of the population.
I have a few friends that are Russian…they went to great lengths to escape the communist regime during the 80's and don't hold governmental systems in high regard.  Having lived through a collapse of an economic system, I suspect many middle aged people in Russia would be much more receptive to alternative currencies such as bitcoin.

Interesting insight!
hero member
Activity: 868
Merit: 1008
Why is the interest so high in Russia in particular? It looks like it has double the hits as any other country.

Not for the best reasons I suppose...

I don't think it is cracker and criminals. This would be too high of a result for such a small segment of the population.
I have a few friends that are Russian…they went to great lengths to escape the communist regime during the 80's and don't hold governmental systems in high regard.  Having lived through a collapse of an economic system, I suspect many middle aged people in Russia would be much more receptive to alternative currencies such as bitcoin.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Quite interesting to watch interest over time on Google Insights... You can see a surge and then decay of searches from China, followed by the recent surge from Russia.

Also, it'll be interesting to watch as each country falls out of favor of (or is it in?) the Euro zone.
hero member
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Merit: 501
There is more to Bitcoin than bitcoins.
Quite interesting to watch interest over time on Google Insights... You can see a surge and then decay of searches from China, followed by the recent surge from Russia.
legendary
Activity: 1946
Merit: 1004
Why is the interest so high in Russia in particular? It looks like it has double the hits as any other country.

maybe 300,000 OKPAY user ...
legendary
Activity: 1358
Merit: 1002
Why is the interest so high in Russia in particular? It looks like it has double the hits as any other country.

Not for the best reasons I suppose...

I don't think it is cracker and criminals. This would be too high of a result for such a small segment of the population.



That segment of the population is much higher in Russia than in other countries, so, I would dare to say it is.
In Russia even criminals are more tech minded, not like the US, where they just get a gun and mugg you on the street lol
hero member
Activity: 533
Merit: 501
Why is the interest so high in Russia in particular? It looks like it has double the hits as any other country.

Not for the best reasons I suppose...

I don't think it is cracker and criminals. This would be too high of a result for such a small segment of the population.

hero member
Activity: 602
Merit: 502
Why is the interest so high in Russia in particular? It looks like it has double the hits as any other country.

Not for the best reasons I suppose...
hero member
Activity: 533
Merit: 501
http://www.google.com/trends?q=bitcoin

Top Regions:
1.   Russian Federation   
2.   Ukraine   
3.   Sweden   
4.   New Zealand   
5.   Finland   
6.   Czech Republic   
7.   Norway   
8.   United States   
9.   Australia   
10.   Poland


Top Languages
1.   Russian   
2.   Swedish   
3.   English   
4.   Finnish   
5.   Polish   
6.   German   
7.   Danish   
8.   Dutch   
9.   Italian   
10.   Chinese   

I think it is measured in relative terms, so that should be considered. It is still interesting to see something where most of the documentation is in english, taking off in other countries.

Why is the interest so high in Russia in particular? It looks like it has double the hits as any other country.
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