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Topic: Why most bitcoin users from good economies countries? (Read 35267 times)

hero member
Activity: 2366
Merit: 594
It's because there are more people that are interested in current trends of technology on those countries. Some big merchants there helps to promote bitcoin. People keeps exploring ways to make their life more productive and efficient. Unlike other countries they stay to the traditional or usual way of doing transactions. And not many people in thst country knows about bitcoin.
sr. member
Activity: 798
Merit: 251
It is quite normal that more developed countries use advanced technologies more. Over time, I think other countries will catch up.
Crypto currency was created using the times and technology so that in my opinion, as time went on and crypto currency technology would be needed
member
Activity: 574
Merit: 12
In my opinion, this is logical. Buy bitcoin at such a high price can only in those countries where there is a very high level of income of the population. In addition, the occupation of cryptocurrency presupposes the presence of a sufficient amount of free time and a certain technical equipment. If people in poor countries from morning to night earn themselves and their families for a piece of bread, they will clearly not be up to cryptocurrency. Most likely, they will not even know about it, and if they hear it, they will not be able to use it, because the cryptocurrency requires certain knowledge and skills.
sr. member
Activity: 1092
Merit: 269
It is quite normal that more developed countries use advanced technologies more. Over time, I think other countries will catch up.
of course because crypto currencies are created using the advancement of time and technology and of course developing countries will need developments in their economic and economic fields
member
Activity: 686
Merit: 30
i think the reason is that they all have good understandinthat bitcoin will lead it to future payment , and they have good acess to it
full member
Activity: 826
Merit: 100
It is quite normal that more developed countries use advanced technologies more. Over time, I think other countries will catch up.
developments and technology will continue to move forward and that will happen in every country that will develop and crypto currencies were created to answer these developments and crypto currencies were created for the development of time and technology and of course developing countries that will use crypto currencies as their economic development
right, technological developments began from developed countries, which did find the technology. while developing countries are affected because they collaborate with developed countries, so that they keep up with their development, of course developing countries want to become developed countries
member
Activity: 574
Merit: 10
It is quite normal that more developed countries use advanced technologies more. Over time, I think other countries will catch up.
full member
Activity: 924
Merit: 221
I think that the right way to benefit from small countries with minimal economies is to change bitcoin to local currency and buy to sell in countries with very prosperous economies, this is always to avoid inflation and make a move by taking advantage of deflation. This is a very good move especially for countries that are bordering and have a high probability of passing between them and being in constant commercialization.
No, I beg to disagree OP from the title of its topic itself stating that only those people coming from rich countries are mostly used bitcoins because anywhere in the world to where bitcoin has introduced either rich country or poor country had invested or using it. It is just that rich country had more resources to invest and that is why probably they can move bitcoin market price that easily.

sr. member
Activity: 1610
Merit: 406
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Probably because in economically developed countries people tend to see significantly more opportunities in the global economy than the same people from less developed countries. I think this is due to the coverage of basic human needs.

it is very true what you convey in your opinion crypto or bitcoin currency in my opinion was created using the times and technology and of course it can be used in countries that are developing in terms of economy or technology and I think someday it will be needed in developing countries of course
sr. member
Activity: 1638
Merit: 300
Probably because in economically developed countries people tend to see significantly more opportunities in the global economy than the same people from less developed countries. I think this is due to the coverage of basic human needs.


It is true that it depends on the need of that individual but I don't think economically developed countries had the most bitcoin users. There are a lot of them in third world countries too, I am in a third world country and I can say there are a lot of bitcoin users here too the problem is that they are not that big of hodlers like others.
full member
Activity: 1638
Merit: 122
Lol are you sure about that ? What if i tell you that most of the bitcoin/crypto users are from third wold economic countries ?  Dont believe me ?  Well look and scan every section of this forum  . most 3rd world countries are not yet developed but this isnt a hindrance to them to participate on cryptos because cryptos such as bitcoin is their stepping stone to reach their dreams and also to improve their economy  .
sr. member
Activity: 1610
Merit: 372
Probably because in economically developed countries people tend to see significantly more opportunities in the global economy than the same people from less developed countries. I think this is due to the coverage of basic human needs.
member
Activity: 770
Merit: 12
Trphy.io
It's understandable, they have the means, and they are more advanced in accepting new technologies and being more open on new innovations and what this first world countries implement the third world countries will readily accept I/m glad my country although not considered as first world countries readily accept this technology.
developed countries are indeed very sensitive to technological developments, so when there is technology developing, they will definitely try it. in addition, developed countries are assessed because the income owned by people in them is quite high, so it is only natural that they try to broaden their business horizons with technology such as crypto.
the latest technology comes from developed countries as well, so it is not surprising that by prioritizing the human resources of the people they can follow it and provide opportunities for them to develop the personal economy of their communities.

member
Activity: 805
Merit: 26
Well, i think there are a lot of factors why developed countries have the most bitcoin users. Firstly, since they are rich countries you can expect that they have a speed Internet connection, imagine faster than blink of your eyes. No hassle that's why you will not be disappointed to enter in bitcoin. Secondly, I think that people in this countries have a knowledge of it.
full member
Activity: 364
Merit: 100
We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.




With these country who has better economy were the one involved with bitcoin. One thing I know because they were see something that makes their economy more progressive that's why they embrace it they let their people to invest with bitcoin unlike any other country they don't like it because they can't control bitcoin that's why different country banned it.
full member
Activity: 241
Merit: 100
It's understandable, they have the means, and they are more advanced in accepting new technologies and being more open on new innovations and what this first world countries implement the third world countries will readily accept I/m glad my country although not considered as first world countries readily accept this technology.
developed countries are indeed very sensitive to technological developments, so when there is technology developing, they will definitely try it. in addition, developed countries are assessed because the income owned by people in them is quite high, so it is only natural that they try to broaden their business horizons with technology such as crypto.
member
Activity: 338
Merit: 10
StartFi
 Most developed countries participate in the crypto market because they understand its potential and their investment is also very large. A strong economy proves that people are rich and they have enough knowledge to participate and make a profit from the cryptocurrency market.
so developed countries always respond well to new trends and they are still rich countries. Wink
hero member
Activity: 3024
Merit: 614
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It's understandable, they have the means, and they are more advanced in accepting new technologies and being more open on new innovations and what this first world countries implement the third world countries will readily accept I/m glad my country although not considered as first world countries readily accept this technology.
member
Activity: 616
Merit: 10
Developed countries were open for a change that will be beneficial to them. As a matter of fact, rich countries can afford more than the poor countries. They will have a faster access in Internet. Investment are part of their life. That the reason they will adopt crypto.
sr. member
Activity: 2422
Merit: 267
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We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.



I believe its because developed country are more open to something new. They do open and also have a money and also brave enough to embrace something new. I do also think developing country are in contrary which is not so opened to new technology and i do think they are short of knowledge about this new technology, so developing country are used to just following the success of developed country.

Not sure just because of lack of knowledge about technology. maybe as a developing country they have also begun to open up with renewable technology. but they still need to learn what the disadvantages are if crypto can be accepted as a legitimate tool to use. because it is clear that if you have received it as a legal tool, they also have to prepare work tools and the consequences if there is a dispute.
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