Russia, Philippines, Indonesia and India support crypto the most - page 6.

Nalbo

full member

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Quote from: marksandtoday on June 24, 2019, 10:50:55 AM

don't u find it weird? The less eveloped counties support blockchain implementation the most? what is the reason? possibility to earn or to steal?

Link to the article: https://ambcrypto.com/indonesia-russia-philippines-and-india-among-countries-whose-citizens-actively-support-budding-crypto-projects/

They are just getting too much buzz. Though they are one of the largest countries by population and policies made by them would have immense effect in comparison to smaller countries, a lot of small countries in Europe and some in Asia like Hong Kong, Singapore, Taiwan and South Korea are much more friendly to crypto.

buwaytress

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Might want to really differentiate betwixt crypto and blockchain. The former typically uses blockchain but you'd be surprised how many actually don't these days, not in the traditional DLT sense anyway. The latter almost certainly doesn't automatically mean crypto.

Plenty of blockchain solutions being trialled in these countries, and they're hardly ever associated with actual use of any crypto.

These countries shouldn't come as a surprise. They've been very tech friendly. Gotta be to compete.

deisik

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Quote from: marksandtoday on June 24, 2019, 10:50:55 AM

don't u find it weird? The less eveloped counties support blockchain implementation the most? what is the reason? possibility to earn or to steal?

Link to the article: https://ambcrypto.com/indonesia-russia-philippines-and-india-among-countries-whose-citizens-actively-support-budding-crypto-projects/

I can tell you why crypto is so popular in Russia

Don't know about Indonesia (but the same reasons can apply there as well), but in Russia people are very suspicious of the local government (deep inside) up to a point where they can publicly tell you one thing (e.g. that they fully support whatever the government does) but in reality they definitely know better (read, they don't trust the Russian ruble). And crypto happens to efficiently and effectively end the government control over personal finance enforced via inflation and a multitude of other nasty devices (given the rich history of fiat devaluations and money expropriations in this country)

marksandtoday

newbie

Activity: 25

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don't u find it weird? The less eveloped counties support blockchain implementation the most? what is the reason? possibility to earn or to steal?

Link to the article: https://ambcrypto.com/indonesia-russia-philippines-and-india-among-countries-whose-citizens-actively-support-budding-crypto-projects/

Topic: Russia, Philippines, Indonesia and India support crypto the most - page 6. (Read 9273 times)