Topic: Why most bitcoin users from good economies countries? - page 10. (Read 35267 times)
yes, indeed most bitcoin users are from countries with good economies. a country with a good economy, we can be sure that the people in that country have a higher level of education than the economically disadvantaged countries. and it can be ascertained that everyone in a good economic country, the majority can already use technology and they master the science of technology. but I am sure, the more time bitcoin will grow and bitcoin will be used by all countries. and not only used by countries with good economies.
Countries with good economies, their countries have extra money to invest!
And the nationals of these countries can understand the meaning of cryptocurrencies and blockchains!
So they are willing to try to accept this new technology!
And the nationals of these countries can understand the meaning of cryptocurrencies and blockchains!
So they are willing to try to accept this new technology!
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.
Because bitcoin can help people and there life so that the bitcoin can also Help in our economy and then it its a big help in our nation if bitcoin will be legalize. 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.
This is how world works, those who have wealth can afford to invest.
This is one of the reasons why wealthy people are becoming more wealthy they can afford to buy stocks and get paid for that,poor cant.
regarding the btc, they just have the funds , technology and time to research such things.
This is one of the reasons why wealthy people are becoming more wealthy they can afford to buy stocks and get paid for that,poor cant.
regarding the btc, they just have the funds , technology and time to research such things.
Because BTC is strong when people are aware from that specific country, for example, Japan is a good example why BTC is strong there, its because that the citizens around Japan are very much aware and are knowledgeable about BTC and that is why BTC is strong in some countries that has an uprising economy.
Most of the people that have MANY Bitcoins come from the well-developed countries, because they simply have money to invest it in the cryptocurrencies. The other guys have less BTC.
The cryptocurrency supporters are usually highly qualified people who cannot understand or believe in the cryptocurrency market. But now many people are beginning to shake the cryptocurrency, and the current bitcoin price is really disappointing.
I think because there are still many people in the third country who do not have internet access. whereas in using bitcoin we must have an internet connection. and also the population in the third level of education is still low. they don't really understand technology. and most of the population never thought of or heard about digital currencies. so that only in countries with advanced economies, bitcoin can grow rapidly. because there the community and its technology are ready to accept cryptocurrency.
I am agree. Most people who own bitcoin because they have good internet access. Internet connection is essential and i think poor country should improve their internet infrastructure to expand their digital economy
As we all knew, bitcoin is like a product or upgrade result of the internet revolution. It is therefore concluded that good or progressive economy are those the one have the most out of bitcoin because of the facility. Sooner or later, other countries will follow just like what happen to the internet. Let's just wait, relax and see. Cheers.
I think they just have more funds available for investing. Also, new technologies might be more accessible for them.
Bitcoin users come from good economic countries ,this is because countries which are economically stable will adopt new technology like this cryptocurrency, and good economic countries have enough supply of power and internet , in which bitcoin and cryptos are been work in adequate supply of internet access.
It is not about the internet it is about the capability of the people to adapt bitcoin, those good economic country usually the people in it has the capability to put money to crypto unlike for the people in the third world country they prioritize first their everyday living.
You need more info to state this.
But I can see the main reason behind. I think it because of infrastructure. Low economic countries and poor people don't have the infrastructure to start using Bitcoin at 100%.
Naturally, some people benefit if others are in need, and so they prefer to not help them out if you get me...
But I can see the main reason behind. I think it because of infrastructure. Low economic countries and poor people don't have the infrastructure to start using Bitcoin at 100%.
Naturally, some people benefit if others are in need, and so they prefer to not help them out if you get me...
Bitcoin users come from good economic countries ,this is because countries which are economically stable will adopt new technology like this cryptocurrency, and good economic countries have enough supply of power and internet , in which bitcoin and cryptos are been work in adequate supply of internet access.
I think because there are still many people in the third country who do not have internet access. whereas in using bitcoin we must have an internet connection. and also the population in the third level of education is still low. they don't really understand technology. and most of the population never thought of or heard about digital currencies. so that only in countries with advanced economies, bitcoin can grow rapidly. because there the community and its technology are ready to accept cryptocurrency.
Because BTC is strong when people are aware from that specific country, for example, Japan is a good example why BTC is strong there, its because that the citizens around Japan are very much aware and are knowledgeable about BTC and that is why BTC is strong in some countries that has an uprising economy.
that is certain because crypto currencies were created with advances in time and technology and of course developed and developing economies will receive crypto currencies because the development of time and technology requires an economic system with crypto currencies
Most of the good economy countries are found bitcoin users because they could analyze the in and out of bitcoin very easily due to their technological efficiency.Bitcoin is with a strong net work systems linked with the modern technology.Bitcoins features are very attractive to the global investors.It is a decentralized one with anonymity.Its all transactions are recorded in an electronic ledger with block chain technology.The industrially developed countries are mostly technologically developed countries are knowing the usefulness of bitcoin in various dimensions of human life.The block chain technology is a major byproduct of bitcoin which is ensuring its security systems and clarity.The implementation of the block chain technology which leads us to a corruption free world..Bitcoin is an investment tool and it is a good transaction media with out a third party interference Bitcoin can be used for the local and international shopping.and can be useful for the service bill payments.So the economically developed countries are realizing the usefulness of the bitcoin and hence their government is permitting their people to use bitcoin.
An economically backward country. People are busy with life and don't have much time on the Internet. And those countries with developed economies. Access to advanced technology is easier.
Bitcoin was first born in the elite of the IT world. Rich countries have a deeper and broader understanding of finance, so they support the most people with cryptocurrencies. The backward countries usually have many problems in the original economic system, so people may not see the future of cryptocurrency.
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.
Most people who are interested in using bitcoin are in developed countries. Because in those countries people's education is high and they have a lot of good conditions to invest in it. It is truly welcome that the influence of developed nations will make more people interested in the crypto market. 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.
You don't expect people from poor countries where they don't have something to eat to care about bitcoin. Do you? The ATMs also means nothing If we take china for example, they were dominating the market but almost no ATM there, same thing applies for Korea and Japan. Germany comes just after the U.S when it comes to the Darknet illegal drugs listings where bitcoin is being used so why not ATMs? It's because of the regulations. I could list a few countries that you would consider as third world country ,have no ATMs, no exchanges and still have more bitcoiners then some of the countries you listed. In other words, the ATMs don't represent the user base at all.
You have a good point there. Most bitcoiners come from the countries with good economy because they can afford to be at it. They aren't having trouble with thinking what they will eat unlike in the places with poor economy. As what you have said, why would people from poor economy would care and be troubled by using bitcoin?
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