bitcoin is mainly spread in technology developed countries so now it is spreading towards underdeveloped countries it may take time for positive growth due to price volality
A technology like bitcoin is going to be at first be adopted by people in countries that are richer and can afford to invest in a product that is still not ready for mass adoption but once it is ready and thanks to the lightning network it will be ready soon, then that is when the rest of the countries will begin to put more attention to bitcoin and other cryptocurrencies. 
Topic: Why most bitcoin users from good economies countries? - page 18. (Read 35267 times)
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.
If you’re living in a developing country Bitcoin will be very costly for you to afford. The price of Bitcoin in my country is about 2 million of my country’s currency or so. Now my monthly pay is around 10k of my country’s currency and that’s around $30. 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.
So how do you think I will be able to afford buying one Bitcoin? It’s not easy, if I’m to save my annual income for one. Bitcoin it will take like two years or so. So it’s not easy for those that are living in developing countries and government are bunch of criminals.
I think this is because of the overall general mentality system, in our country, children are used to have this mental direction, that you need to make your life good, not just being a good employee, but also investing in something worthy.
In this era, i think that it will not happen that much because we already realized how great to have a passive income and a source of income which doesn't need a lot of effort. We should teach our kids, or if you don't have kid yet then you should teach your future kids to have a entrepreneur mentality so they will not get trapped in the rat race. 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.
Yes you are correct fellow. In addition to that, how can thd people use bitcoin when their internet signal is too poor. There are still places like that. And most poor countries surely do not mind bitcoin, they are more busy towards earning fiat money for their daily living.
I guess, like me, i invest money i would be comfortable to lose. Besides, economically advanced countries have citizens who focus more on investments than on their day job. Also, the countries accept crypto currencies too. I just hope that more and more people have investments on stocks or crypto currencies. People won't be rich in their day job.
I think this is because of the overall general mentality system, in our country, children are used to have this mental direction, that you need to make your life good, not just being a good employee, but also investing in something worthy.
In my opinion, a lot of bitcoin users are in poor countries. In countries with low economic and social security, people are more likely to pay attention to alternative income.
Most people economies country I think this is because bitcoin ban on good economies country. Apart from the other economies which are not good, bitcoin is prohibited. So maybe the people of developed countries are more at bitcoin.
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.
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.
For me, In my own ideas. Well, I think the Bitcoin is a good investment that capitalism introduced it to us. Because when we look at the graphic that you shared with us, you can see the most capitalist, like USA or United Kingdom. So that's why we can understand that bitcoin has a relation with countries that have good economies thanks to their economical methods. And the countries on that list are some or most people would call 'first world countries' and they are highly developed nations with advanced technological infrastructure, they have the good materials and perfect tools to support to create ATM Bitcoins everywhere.
On the other hand, developing countries have way bigger problems than trying to incorporate BTC into society, starvation, lack of technological advacements, low economy, high rates of poverty and disease, etc. They would need to address these issues, and that could take decades, before they begin to discuss the possibility of incorporating Bitcoin. And When you imagine a country that has low economical value, people in this country can not think bitcoin. And sad to say that we don't know if they have any internet connection.
Because they have a good economy that they can provide a good of capital to their crypto investment and earn a good profit too. That's why mostly bitcoin users are from good economy.
and they are well educated.they have much knowledge and open minded about technology.bitcoin is not only about currency, but it also about technology development in global payment system.
Most people who joined Bitcoin are people who have the wealth to invest because we didnt expect people from average aspect will join due to a ceetain reason.
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.
Yes, this is the same explanation that we could use in order to explain why not everybody in the world could have earnings from bitcoin and cryptocurrencies, because not everybody in the world have an ability to accomplish that.
Economically developed countries, easy to try new things!
They were the first to accept BTC and use BTC to distribute wealth. They were the first to invest BTC!
Their interest in bitcoin is growing, and they have become obsessed with it!
They were the first to accept BTC and use BTC to distribute wealth. They were the first to invest BTC!
Their interest in bitcoin is growing, and they have become obsessed with it!
Certainly, in some countries the development of crypto-currencies and their popularity is growing faster, but I believe that everything depends on the person and his mindset, and not in what country he lives.
I dont think so... when you measure bitcoin holders per capita you will realize that most African countries are doing better than the first world countries. in instance kenya is among the top ten in that list. its second in africa after Nigeria the 3rd position is occupied by south africa. when you compare kenya and other developed nations you will realize that the country as a high percentage of their gdp in crypto. Its currently around 2% of the coutries gdp
I think that advanced country residents are earning more than their needs and they can save money for extra investment, while third world countries people have no such money to fulfill their daily needs. Most of the people cannot buy necessities of life. It is not possible for them to invest in bitcoin. For me this is the big problem that third world countries people are less in member of bitcoin investors. Now gradually the number if investor in increasing because more and more people get awareness about cryptocurrency and are investing in it.
I thought the most wealthy people in the world, and the most of holders of Bitcoin Are From Russia 
But I wasn't right. To be honest I'm from France and I am from my childhood taught to save and invest.
But I wasn't right. To be honest I'm from France and I am from my childhood taught to save and invest.
Because they have a good economy that they can provide a good of capital to their crypto investment and earn a good profit too. That's why mostly bitcoin users are from good economy.
and they are well educated.they have much knowledge and open minded about technology.bitcoin is not only about currency, but it also about technology development in global payment system.
Because they have a good economy that they can provide a good of capital to their crypto investment and earn a good profit too. That's why mostly bitcoin users are from good economy.
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.
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.
Bitcoin users are from good economy because from it bitcoin can get profit too. They can give a high investment which can give a contribution to bitcoin becaus it will increase the market if theres a l ot of invetors especially if they invest much bigger money.
Those countries able to harness the power of information and communication technology are reaping ever more benefits of blockchain technology and bitcoin.
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