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Topic: Why most bitcoin users from good economies countries? - page 16. (Read 35267 times)

member
Activity: 462
Merit: 17
In countries with a good economy, many rich people live. Rich people can afford to invest large sums of money.
newbie
Activity: 140
Merit: 0
Most bitcoin users come from good economic countries because this countries are abundant with power supply and a strong internet connections, that is why they can rely on their uninterrupted supply which strongly needed in involving cryptocurrency activities and works.
newbie
Activity: 138
Merit: 0
Although it is the first cryptocurrency that came into the market, many countries are still not conversant with Bitcoin’s technology, popularly known as blockchain. The countries all around the world seem to have taken two opposite sides regarding the regulation of Bitcoin. A certain number of nations are willing to utilize the cutting-edge financial facility that Bitcoin and its corresponding blockchain technology provides.
full member
Activity: 392
Merit: 103
Maybe it because poor country doesnt have a internet or electricity. We all know thats the requirement for crypto without that you can do transact
member
Activity: 148
Merit: 11
I do not think that this is due to the inaccessibility of bitcoin for poor people. Most likely in these countries there are simply more Internet users and therefore people's awareness of crypto is much higher.
sr. member
Activity: 910
Merit: 260
People is part the country growth. So people will be growth economy also growth. Economy is important of the country growth. If need to check the country growth. First check the country economy. Then you know the country growth or not. Easy to get the other country growth information. Some country will not help to some people growth. If country will be help to people growth. People improve the knowledge and get the more profit. Then easy to country economy will be growth. So people and people growth is important of the country. Then change the country digital ways and improver the lot of business in the country.
member
Activity: 266
Merit: 10
Country that has good economy believes in innovation that is why they are successful because they always look for something that can make their country rich and they believe that bitcoin is going to be the future of our economy that is why they are very positive that this will be a big hit.
I think it is:
Rapid Transactions: With no advantage through any financial intermediaries, all operations will be done on the internet, so when trading electronically it will happen almost immediately. anywhere.
Unlimited transaction amount: Most banks limit the total amount that you can transfer and receive during the day. But with electronic money transactions, it's easy to send a huge amount of money, so big that there are no limits.
hero member
Activity: 980
Merit: 502
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.



According to me the good economy countries are those who has legalised bitcoin in their nation and not to be very hyperbole but still those countries become the good economic countries because they has legalised bitcoin in their nation and bitcoin is the reason for the boost in their development and increment in the GDP of these countries also obviously most of the bitcoin users will be from those countries only because there are no boundation for them in using of bitcoin and moreover their governments encourage them to use bitcoin.
full member
Activity: 476
Merit: 100
For one thing, these people in economically grewt countries have money to spare on investments. Also, these people has a habit of investing thier money rather than let it sleep in a bank. People in developing countries however have recently done this and some of them would rather just be an employee than to invest their money on businesses
member
Activity: 488
Merit: 10
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.




Where did you get those statistics? I don't think so because as of the moment we do not know who are the holders of the crypto currencies most of the coins in the market are still holding by majority anonymous of people and we cannot identify their nationalities.
I think it’s all about education and awareness about cryptocurrency. In advance countries people are aware of everything and they have the facilities to know about the world, besides poor countries don’t have the facilities to take advantage of the new technology due to lake of knowledge and money. That’s why investors are less than advanced countries.
full member
Activity: 679
Merit: 102
Countries with good and strong economies would naturally take much of the advantage
with new technologies, Bitcoins included. Most Bitcoin users from such nations have an
early and unique edge and advantage on them since they have better and faster access,
more reliable information and considerable amount of resources to get into innovative
solutions earlier than everyone else. Though a lot of users also came from 3rd world
countries with struggling and thriving economies, I surmise there will be an expected
increase of such users in the months and years to follow.

Exactly, some countries have the resources or can afford the risk and immobilization of the crypto world, they are the first who cope up with its opportunity to earn and work, they also have the advantage in their technology that is why they are the first who adopt its system.
full member
Activity: 518
Merit: 100
I think it is natural that most bitcoin users from good economies countries, this is because in developed countries all the free information obtained without ever being in censorship or blocking, even developed countries give everyone the freedom to do everything including making coins.
Developed countries made a proper system for the cryptocurrencies and especially for the Bitcoin so they deal with it smoothly without any problem. Country with fine economy can think for better situations to bring in country or implement in country while it is difficult for those countries which are hurt with economy and can not think for better but are working in the recoveries of it.

Yes, they have advance technologies that can use to handle how to use cryptocurrencies and maybe ideas and strategies are available too that is why they are more advance compared to other countries.

They have the Internet with a good speed. They can let themselves to buy the equipment for mining, and finally, they have more money to invest in BTC.
full member
Activity: 434
Merit: 117
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.



It is because they have good education in their country. The bitcoin is no legal in my country but most of the people are still not aware on what it is. Education is the main key for the people to adopt bitcoin.
member
Activity: 420
Merit: 11
BitHostCoin.io
I think it is natural that most bitcoin users from good economies countries, this is because in developed countries all the free information obtained without ever being in censorship or blocking, even developed countries give everyone the freedom to do everything including making coins.
Developed countries made a proper system for the cryptocurrencies and especially for the Bitcoin so they deal with it smoothly without any problem. Country with fine economy can think for better situations to bring in country or implement in country while it is difficult for those countries which are hurt with economy and can not think for better but are working in the recoveries of it.

Yes, they have advance technologies that can use to handle how to use cryptocurrencies and maybe ideas and strategies are available too that is why they are more advance compared to other countries.
full member
Activity: 397
Merit: 100
I think it is natural that most bitcoin users from good economies countries, this is because in developed countries all the free information obtained without ever being in censorship or blocking, even developed countries give everyone the freedom to do everything including making coins.
Developed countries made a proper system for the cryptocurrencies and especially for the Bitcoin so they deal with it smoothly without any problem. Country with fine economy can think for better situations to bring in country or implement in country while it is difficult for those countries which are hurt with economy and can not think for better but are working in the recoveries of it.
newbie
Activity: 31
Merit: 0
the countries that have not a good economy 7 but a higher technological adoption rate are slowly realizing that bitcoin is the culture of the economic trading standard and are testing these concepts on a small scale, these include South Korea and Germany to be on the top of the list,


full member
Activity: 476
Merit: 108
Countries with good and strong economies would naturally take much of the advantage
with new technologies, Bitcoins included. Most Bitcoin users from such nations have an
early and unique edge and advantage on them since they have better and faster access,
more reliable information and considerable amount of resources to get into innovative
solutions earlier than everyone else. Though a lot of users also came from 3rd world
countries with struggling and thriving economies, I surmise there will be an expected
increase of such users in the months and years to follow.
full member
Activity: 267
Merit: 110
I think it is natural that most  users from good economies countries, this is because in developed countries all the free information obtained without ever being in censorship or blocking, even developed countries give everyone the freedom to do everything including making coins.
Yes, of course, most of the  users are from good economic countries because the country is easy to accept technology like . Not too thinking about the risk that will happen later, which is important people can live better because of . Countries like this should be good examples of other countries that do not believe in . Maybe the next few years  ATM growth will be more and more because  interest is also more and more.
newbie
Activity: 126
Merit: 0
Individuals on created nations will have more cash to save. Their wages are higher contrasted with creating nations. They can contribute substantial measure of cash that common laborers individuals on creating nations cannot stand to. Individuals from the underdeveloped nation will purchase their requirements first. Nourishment is generally on the highest priority on the rundown. Likewise Many individuals would rather spare it in a bank so when the time that they require it they can pull back it immediately. Additionally monetary proficiency in creating nations are not awesome, except if you inquire about or teach yourself nobody will disclose to you how to deal with cash.
hero member
Activity: 798
Merit: 502
Country that has good economy believes in innovation that is why they are successful because they always look for something that can make their country rich and they believe that bitcoin is going to be the future of our economy that is why they are very positive that this will be a big hit.
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