Topic: Which Countries Are Leading in Bitcoin Adoption? - page 2. (Read 405 times)
As to my own opinion, I will say it's the CHINESE. Alot is coming from them into the crypto world. They are all on the verge to improve the crypto world space though they too have there own sort comings but they're improving the so called crypto everyday.
Yes 3rd world countries are embracing the bitcoins more than the first world countries. They are embracing cryptocurrencies or any other currencies like USD or Euros this due too bad economies, inflation, sanctions and bad economic politics and corruption of their governments the perfect example for that, of course, is Venezuela… Venezuela it is now the 3rd country in the world that trades bitcoins the 1st is the United States and the 2nd Russia and the 4th United Kingdom
I think developed countries such as US, Canada, Australia, South Korea, are bitcoin-friendly countries; though their governments are doing their best to somehow regulate them in a way not going away from the principle of decentralization. Those regulations are being set up to reduce the fraud and scam. Their priority is to protect their people from illegal transactions. It should be balance in a way.
Yes 3rd world countries are embracing the bitcoins more than the first world countries. They are embracing cryptocurrencies or any other currencies like USD or Euros this due too bad economies, inflation, sanctions and bad economic politics and corruption of their governments the perfect example for that, of course, is Venezuela… Venezuela it is now the 3rd country in the world that trades bitcoins the 1st is the United States and the 2nd Russia and the 4th United Kingdom
I just stubble on the 10 top cities and their countries that at lead in Bitcoin adoption. These countries have good reputation whenever Bitcoin is discuss also most of them have adopt the use of Bitcoin ATM. Here is the link to Top 10 cities that embrace Bitcoin below
https://www.investopedia.com/articles/forex/042415/10-cities-leading-bitcoin-adoption.asp
https://www.investopedia.com/articles/forex/042415/10-cities-leading-bitcoin-adoption.asp
It is easy to sense the attitude of different governments and sometimes sub-regions towards digital currencies. For instance, the Indian sub-region is antagonistic (take another look at Pakistan and India, we may even add China). Europe is tolerant but cautious, the US skeptical and aloof, most third world countries looking out for dominant trend, those countries with bad economies accomodating to the point of embrace (Iran, Zimbabwe, Venezuela, etc). Now looking at this article, https://cryptoinfowatch.com/japan-and-australia-continue-to-make-giant-strides-in-crypto-adoption-for-travelers/ it seems the far east are ahead but not quite sure judging from what's happening in the Baltics and Eastern Europe. What's the rate of adoption in your country?
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