Why most bitcoin users from good economies countries? - page 14.

begau

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Quote from: Portia12 on August 25, 2018, 12:07:50 AM

Quote from: kiwasmose on October 30, 2017, 10:49:19 PM

I think the longer the time, the people in the small countries or the people in the backward countries will join in. Compared with other currencies, bitcoin is fairly fair to them. People in economically developed countries are only more developed in information, so most of them join, but I think this is temporary.

Obviously, everyone wants to invest on cryptocurrency, the hinder is only their own government who are not allowing their people to invest on bitcoins or altcoins.

After December 2017 most bitcoin users from countries with good economies are no longer accurate. The search volume on google from developing countries has risen to a record and they have bought a lot, lots of people in these countries now own a large amount of bitcoin now.

tsinelas

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Quote from: adadaorlina on October 30, 2017, 01:19:23 PM

Those countries able to harness the power of information and communication technology are reaping ever more benefits of blockchain technology and bitcoin.

As these countries have all the ability and are capable in engaging in this kind of business even they are already rich they will continue to pursue to have much more success. They can engage into blockchain because they have the resources, electricity powerful computer, higher education, knowledge specially the facilities. It is really hard to engaged into something that doesn't have even an ounce of what they have.

alval

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good economy in the big country indicates also about the citizen income. it creates wealth economy ecosystem that better also
the infrastructure of information grows rapidly than other countries so they can get information and development of cryptocurrency era
that why they can participate easily and knowing about bitcoin era. information infrastructure support determines that circumstance occurs
. in the small country can get easily those benefit just like the big country.
it's become common things that first innovation, investment or anything else will be known in the advanced country first rather than a developed country

Portia12

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ADAB ICO

Quote from: kiwasmose on October 30, 2017, 10:49:19 PM

I think the longer the time, the people in the small countries or the people in the backward countries will join in. Compared with other currencies, bitcoin is fairly fair to them. People in economically developed countries are only more developed in information, so most of them join, but I think this is temporary.

Obviously, everyone wants to invest on cryptocurrency, the hinder is only their own government who are not allowing their people to invest on bitcoins or altcoins.

Pattart

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Quote from: renggileh on August 17, 2018, 11:48:40 AM

this is an investment that is very risky, if you talk about a poor country.
they won't dare to take risks for this kind of thing, it's better to use money to eat every day than to invest in crypto.

Yeah you right, besides that they don't have the financial and educational ability to be able to use bitcoin. do you know in a poor country only few people who have gadgets? that's why bitcoin is not known in poor countries, only in developed countries the development of bitcoin exists..

rushel22

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Quote from: adadaorlina on October 30, 2017, 01:19:23 PM

Those countries able to harness the power of information and communication technology are reaping ever more benefits of blockchain technology and bitcoin.

Yeah. For me, it is because countries that has a good economy is maximizing the technology. What I mean is they are more modernize than other countries.

Arlibtchunt2018

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Well yes, the number one investors of bitcoin came from the rich countries. Since we can't deny that they have the financial capability to afford the price of bitcoin as their currency. But I believe that if the time comes where in bitcoin will be accepted globally then it will surely be profitable.

Janation

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Quote from: rushel22 on August 24, 2018, 06:24:35 PM

Quote from: adadaorlina on October 30, 2017, 01:19:23 PM

Those countries able to harness the power of information and communication technology are reaping ever more benefits of blockchain technology and bitcoin.

Yeah. For me, it is because countries that has a good economy is maximizing the technology. What I mean is they are more modernize than other countries.

Maybe but that is not the reason, the reason most users of Bitcoin is in these good economy countries is because they have a great economy. That is confusing but let me explain.

A country has a high economy since they have a great income on that country and that is because of great businessmen and entrepreneurs on the country. With these great people, they might be also investors of crpytocurrency. They are open minded to these type of investments the reason they are more wanting to find new ways to earn money.

ramores8

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high income levels supported by accommodation and manufacturing that are feasible to develop make them more advanced and almost limitless, their individual capital is greater than developing countries because indeed the level of employment is quite high, in this case they are able to buy many things and especially bitcoin.

BertoloyBTC

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This could be fact and reality that most bitcoin users comes from good economic countries, because of an adequate supply of internet and power supply of that progressive countries ,compare to that of the third world countries .

Dimon888

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Bitcoin for the poor man is expensive. In developing countries, people think how to survive than feed the family. Some do not have the elementary things that we are used to in our lives. And, of course, they do not have money for computers, smartphones, the Internet.

phpartisanmaster

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Quote from: Wall_Streeet on August 17, 2018, 09:50:38 AM

I think the answer is obvious, because of these countries have money for free investment

The answer is, not every country can stand the growth of cryptocurrency either it can improve or decrease the growth of their economy depending on how many people are using bitcoins or altcoins in their country.

Wajan

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maybe because many economies support a lot of bitcoin coins, so many economic countries that support bitcoin as material for trade, bitcoin has been known in large countries

mcculum0010

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My opinion is quite simple, I believe that people who are born in developing countries are more open to investment practices because they are not pursuing money so hardly as people from third world countries do.

ci1990

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🔰FERRUM NETWORK🔰

Because they can take a risk. However poor citizens of poor countries can not take high risks with their hard earned and low salary.

renggileh

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this is an investment that is very risky, if you talk about a poor country.
they won't dare to take risks for this kind of thing, it's better to use money to eat every day than to invest in crypto.

Wall_Streeet

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I think the answer is obvious, because of these countries have money for free investment

Lexurdania

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Quote from: ?? on ??

Simply because with a good infrastructure, I think almost every people can exploring much information including to search about bitcoin, etc. Once they find about bitcoin, they will try to earn like what other people did. And as far as I know, good economic countries have a good internet connection which will give the opportunity to the people to search what they want and they can be able to search more information about bitcoin. If you can read this comment on your laptop, yes you are one of that lucky person that getting access easily to Cryptocurrency. So, good luck my Friends.

Most advance country have good internet insfrastructure and have cheap internet tariff. Beside that, in good country, most their citizen aware about financial sytem and manage their finance.

yvesp110

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Quote from: lendahawkins on August 16, 2018, 11:48:38 AM

Quote from: TTITA on October 30, 2017, 11:51:18 AM

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.

cause i believe developed country are more open to technology and they do trying to use that for development of the country. I do from indonesia and in indonesia is really rare to found someone who really understand about bitcoin.

All those countries are now a successful which has been using new technologies and working hard, so countries which are now at good condition were not like this but with the help of bitcoin they are gaining more and more power and being frenetically stronger, in my country we are using bitcoin and I know how worth bitcoin is so I am happy to have it in my life and in my state.

atariguy

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interesting statistics. the country in which it is forbidden to participate in the ICO most ATMs. I think this is an excellent demonstration of paradox. and it's a great policy to save money of its citizens. I think thanks to her, investors from this country have lost the least in the ICO

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