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Topic: Some world maps for Bitcoiners (Read 566 times)

full member
Activity: 420
Merit: 120
August 24, 2024, 05:05:10 AM
#31
Countries Where Cryptocurrency Is Legal vs Illegal on Coingecko.com but its latest update time is December 2023.

I got an interesting information that only El Salvador is a nation with Bitcoin Legal tender status that is "currently in force". Central African Republic is a second country with Legal tender status but NOT "currently in force".

Coinmarketcap.com does not provide this information.
https://coinmarketcap.com/legal-tender-countries/

Quote
Which Countries Use Cryptocurrency as Legal Tender?

Only two countries, El Salvador and the Central African Republic (CAR), have adopted cryptocurrency as legal tender. Of which, El Salvador remains the only country actively using cryptocurrency as legal tender today.

legendary
Activity: 2352
Merit: 6089
bitcoindata.science
May 23, 2024, 07:40:46 AM
#30
Inflation by Country Map
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Get it at https://wisevoter.com/country-rankings/inflation-by-country/
You can click on a country on the map to get detail or scroll down and choose a nation from the list.

I think this inflation map is misleading

Inflation in Brazil is about 2 or 3 times the Inflation in Europe or united states.

As other countries have hundreds % per year, a 10% year looks small.. but it isn't.
full member
Activity: 420
Merit: 120
May 23, 2024, 06:38:43 AM
#29
I cross-checked it with other legality maps on the list and it appears that it's not as accurate as the other maps + instead of being an interactive map, it's just a screenshot [unfortunately].
Thanks for checking deeply and informing me about this.

Quote
BTW, here are a few more maps in various categories that might come in handy:
I only agree to add btcmap.org because it is useful and matched with idea of this thread.

There are many websites with price heat maps for example https://coin360.com/ and other maps like liquidation maps but my idea for this thread is maps with geo-locations.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
May 21, 2024, 07:23:03 AM
#28
AMLcrypto.io is another website with Cryptocurrency legality map.
I cross-checked it with other legality maps on the list and it appears that it's not as accurate as the other maps + instead of being an interactive map, it's just a screenshot [unfortunately].

BTW, here are a few more maps in various categories that might come in handy:
full member
Activity: 420
Merit: 120
May 20, 2024, 07:52:27 AM
#27
Coingecko.com has a Legality map too.
https://www.coingecko.com/research/publications/crypto-legal-countries

AMLcrypto.io is another website with Cryptocurrency legality map.
https://amlcrypto.io/regulatory_perspectives
full member
Activity: 420
Merit: 120
December 25, 2023, 10:27:43 AM
#26
Nice job Catenaccio, I really do appreciate your effort and you've done well by putting up all these together but I feel bringing in CBDCs, government bonds, inflation and gold reserves are unnecessary in my own opinion. You should have sticked to bitcoin and crypto related topics in the compilation. Moreso, there's no brief discussion from you on each of these subjects, only a reference link to the article. A little note would be much appreciated.
Thank you.

Your idea is similar to Doan9269 and I added some descriptions but not for all maps. Some maps are clear enough about what they are and you can get details by clicking on links to see more.

Bitcoin market depends on global economic, politic and more things and if you say CBDCs, government bonds, inflation, gold reserves are unnecessary, sorry I disagree. If governments launch CBDCs, they will try to reduce impacts from Bitcoin. If money, capital flow focuses on gold, less money will be spent on stock and cryptocurrency market. The world spins around and many markets interact with each other at least capital will flow in and out from stocks to gold to cryptocurrency market. It won't stay in one market and don't move out.

You have done well in making such research about cryptocurrency maps, i have some little observations concerning your post, you could have added more energy vy taking your own time in making an explanation on some of the images you posted, some have their details on it while some have nothing to display and you didn't explain some things to know about the map, which just means you also have less or no idea about the interpretation of those maps, posting their images alone is just like an unfinished work to me, you can try to improve more better next time, but you made a nice attempts to offer something.
sr. member
Activity: 658
Merit: 441
December 23, 2023, 10:09:44 AM
#25
Nice job Catenaccio, I really do appreciate your effort and you've done well by putting up all these together but I feel bringing in CBDCs, government bonds, inflation and gold reserves are unnecessary in my own opinion. You should have sticked to bitcoin and crypto related topics in the compilation. Moreso, there's no brief discussion from you on each of these subjects, only a reference link to the article. A little note would be much appreciated.
full member
Activity: 420
Merit: 120
December 23, 2023, 02:33:48 AM
#24
I find a third world map for cryptocurrency legality status. It's from atlanticcouncil.org that has a map for CBDC tracker as well.

Cryptocurrency Legality map (atlanticcouncil.org)
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Get it at https://www.atlanticcouncil.org/programs/geoeconomics-center/cryptoregulationtracker/.
Click on each country to see details or use the search box to get it. It has a summary table and the role of global governance institutions.
full member
Activity: 420
Merit: 120
December 20, 2023, 09:07:19 PM
#23
One of most helpful maps are CBDC maps which you can get in this thread.

Not only CBDC maps but those CBDC tracker websites also give you information and sources to some latest news and developments of Central Bank Digital Currencies globally, with can help you to see a bigger picture of what's happening not only limited to cryptocurrency space but also in central banks and commercial bank systems at global scale.

United Kingdom's CBDC progress. This country is one of strictest ones in Europe and in 2023, many fud spreads on media with new and stricter regulatory policies from UK.

You can see they are doing own progress toward CBDC.
Enabling Innovation through a Digital Pound
The Digital Pound: Techonology Working Paper.

Enabling Cross-Border High Value Transfer Using Distributed Ledger Technologies. This paper is interesting as they mentioned that a trusted third party is important but how do we trust central banks for our money, even digital money?
You also see JP Morgan bank in this article.
full member
Activity: 420
Merit: 120
November 20, 2023, 10:06:17 PM
#22
Bitcoin Surpasses $37K on Argentina Presidential Election Result as Analysts Focus on Fed Notes.

What do you expect from a new elected President of Argentina?

Legal tender for Bitcoin in Argentina?

Will the nation be updated on Bitcoin Legality Maps?
https://newhedge.io/terminal/bitcoin/legality-map
https://coin.dance/poli/legality
hero member
Activity: 1428
Merit: 513
Payment Gateway Allows Recurring Payments
November 02, 2023, 03:47:35 PM
#21
As I understand it, what is being discussed is more about the characters used in languages with different characters from English, such as Arabic, Urdu, and Russian, where the number of bytes produced differs from the letter/number characters in English. Meanwhile, Indonesian is no different from English in using letters and numbers.
Yeah, but the character limit I mentioned is for English, I just mentioned the context of the post I gave the link of. (well that's what I tried to do). I did not mean to say the limit is for another language even if that topic was related to another language (means OP in that topic was asking about Urdu Language)

Well, I don't know where this discussion is going  Cheesy
full member
Activity: 420
Merit: 120
October 31, 2023, 08:08:33 PM
#20
This is a great list of maps, but considering that your sole target is Bitcoiners, I think you should remove some of them...
I would like to keep them because I think those non-Bitcoin maps are helpful to get a wide view of what's going on globally in macro economic.

Quote
Bitcoin is automatically out of the picture when we talk about any CBDC-related stuff.
Yes. I made a mistake, thank you.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
October 31, 2023, 01:07:47 PM
#19
There are some global maps that are helpful for Bitcoiners:
This is a great list of maps, but considering that your sole target is Bitcoiners, I think you should remove some of them...


In addition to the above things, I have mixed feelings about including some of the outdated maps [e.g. cryptocurrency world map] on the list.
copper member
Activity: 33
Merit: 0
October 31, 2023, 08:13:13 AM
#18
Worldpopulationreview.com gives an updated mining country list:

United States: 35.4%
Kazakhstan: 18.1%
Russia: 11.23%
Canada: 9.55%
Ireland: 4.68%
Malaysia: 4.58%
Germany: 4.48%
Iran: 3.1%

Since now there is almost no mining activity in China, much of it has moved to neighbouring Kazakhstan.
Hash rate migrated from China to other nations but if saying there is zero hash rate from China, it's not correct.

Data can has some assumptions, weaknesses and can be incorrect.

CBECI has three assumptions and some weaknesses of their methodology.
https://ccaf.io/cbnsi/cbeci/mining_map/methodology

Yes of course not zero but fewer large scale mining operations exist in China.
full member
Activity: 420
Merit: 120
October 31, 2023, 12:16:52 AM
#17
Worldpopulationreview.com gives an updated mining country list:

United States: 35.4%
Kazakhstan: 18.1%
Russia: 11.23%
Canada: 9.55%
Ireland: 4.68%
Malaysia: 4.58%
Germany: 4.48%
Iran: 3.1%

Since now there is almost no mining activity in China, much of it has moved to neighbouring Kazakhstan.
Hash rate migrated from China to other nations but if saying there is zero hash rate from China, it's not correct.

Data can has some assumptions, weaknesses and can be incorrect.

CBECI has three assumptions and some weaknesses of their methodology.
https://ccaf.io/cbnsi/cbeci/mining_map/methodology
copper member
Activity: 33
Merit: 0
October 30, 2023, 09:14:42 AM
#16
Worldpopulationreview.com gives an updated mining country list:

United States: 35.4%
Kazakhstan: 18.1%
Russia: 11.23%
Canada: 9.55%
Ireland: 4.68%
Malaysia: 4.58%
Germany: 4.48%
Iran: 3.1%

Since now there is almost no mining activity in China, much of it has moved to neighbouring Kazakhstan.
hero member
Activity: 686
Merit: 987
Give all before death
October 30, 2023, 04:33:28 AM
#15
I see many developing countries in the map and table with some descriptions for big and small country legality status. Did you miss something on the site?

Click on Unknown, Legal, Legal tender, Alegal, Illegal if you only want to find countries in one legal type. If you choose Legal Tender, you will see only two nations hightlighted on the map, other nations will be muted.
Many developing countries mostly in Africa don't have clear policies on cryptocurrencies making them alegal territories. They have great potential for bitcoin investment but because of poverty and corruption, many Africans don't have the opportunity of investment in the sector. Some countries like South Africa and Nigeria are taking advantage of Bitcoin offers such as hedge against inflation and decentralization, while other countries are lagging.

The map also showed that it is only in South Africa that mining activities is popular in Africa. This is because many African nations have high costs of electricity as well as unstable power supply. Africa would have been a center of bitcoin mining activities because of the less concern for the effect of industrial activities on the environment and flexible government policies. But until the power issue is handled it will not be active to miners.
full member
Activity: 462
Merit: 117
October 30, 2023, 04:08:14 AM
#14
It is nice you brought up this topic for newbies and not only them would it be beneficial to but to the entire community members here. I will commend OP for this task done as it would enlighten members on countries with relation to Bitcoin and their engagements as it bothers about Bitcoin. The maps are well self explanatory and I believe anyone who sees it would understand the readings and illustrations.

OP did well by also providing links to them for further research purposes for those interested in further studies with it. I think that is ideal and can be of help to researchers here who are interested in studies of this nature.
full member
Activity: 420
Merit: 120
October 30, 2023, 03:17:50 AM
#13
This a very helpful and useful post I must commend and it's aswell educative as I have got to learn a few new things. But I have an observation, in cause of my careful study of these maps posted by the OP I observed that most of them are not of the best quality images and I have to strain at some point to get some information clearly, I don't know if it has anything to do with my device, but I think these images aren't original (I stand to be corrected) it will be more helpful if you can provide a link to some of this images so we can access them for a clearer view and further studies for those who are interested in further studies.
Screenshots can not give you Full HD images.

There are links to wesbites for those maps so please visit those websites to see maps and much more information.
full member
Activity: 462
Merit: 205
Duelbits.com
October 30, 2023, 02:50:53 AM
#12
This a very helpful and useful post I must commend and it's aswell educative as I have got to learn a few new things. But I have an observation, in cause of my careful study of these maps posted by the OP I observed that most of them are not of the best quality images and I have to strain at some point to get some information clearly, I don't know if it has anything to do with my device, but I think these images aren't original (I stand to be corrected) it will be more helpful if you can provide a link to some of this images so we can access them for a clearer view and further studies for those who are interested in further studies.
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