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Topic: Why most bitcoin users from good economies countries? - page 22. (Read 35267 times)

sr. member
Activity: 588
Merit: 250
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.
full member
Activity: 434
Merit: 101
Those who have good capital and they know the benefits of investment they are from good economies and in the first US is the large country of bitcoin holding and many of the business man have also crypto portfolio so that is the main reason while the less developed countries have even don't know the importance of crypto.
jr. member
Activity: 75
Merit: 2
In my own personal opinion the main reason why the most rich counties are the most users of cryptocurrencies are people that are developed also with knowledge and have more reserouces, because to be able to be in cryptoworld you have to have a good technology so this means that counties with not good economy cannot have that much access as the developed places.
They have actually available all kind of facilities, they can use internet, throughout their country, they are also mostly educated, which is in fact enabling them to use bitcoin or any other cryupto currency, in think that very soon the backward countries will also start using bitcoin,,
Well it's sad to say that not all of the people who come from third-world countries has access to education and technology or even good infrastructure, believe me I know this very well. In my country, besides big cities and our capital, people from other areas aren't well educated due to lack of schools and some of them couldn't afford to buy a computer or any tech stuffs. Some of them even drop school since they were very young, so most of them don't have the knowledge needed to understand this field. And my government doesn't support bitcoin so not much people interested in bitcoin. I hope that this would change someday.
It is not about the knowledge because I am living in a third world country and I have all the related information about cryptocurrency investment. There are many sources of getting knowledge about crypto. The main reason why most advanced countries are investing in bitcoin is because they have no or very little financial problems and they have lot of money to invest in bitcoin.
sr. member
Activity: 1568
Merit: 283
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.



In my own opinion, good economies countries have a lot of bitcoin users because countries like japan and america has a lot of rich people who are investing in bitcoin and they have already accepting bitcoin as payment. Hoping that someday bitcoin will be used all over the world not only in good economies countries.
Good economical countries have better planning to become stronger and strengthened in field of economics. They don’t want to lose their value and place in international market. And now like bitcoin is emerging, there would be a time when best economical country would be selected on the basis of impact of that country over bitcoin. That is why they are promoting and using them.
newbie
Activity: 76
Merit: 0
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.

https://i.imgur.com/pgqaTer.jpg

The development of Bitcoin is currently growing rapidly in various developed countries and developing countries. It's just that Bitcoin welfare each individual rather than prospering the country
You are right. I will add that having interest in digital currency developing they have the opportunity of investment in bitcoin. In my community people have enough money that they hardly overcome their daily needs. How they can invest in bitcoin. The matter is of having extra money for bitcoin investment. We are also well aware of the coming era of cryptocurrency.
sr. member
Activity: 840
Merit: 254
the reason is the budget level of people, someone haven't 100 USD to start, they looking for way to get money quickly, so they go for a works
The access to new technologies and the income disparity is a huge reason of why we are seeing this, after all people from developed counties have more disposable income thanks to their well managed economies, this means that for a person in one of those countries it is easier to save thousands of dollars compared to a person living in a poor country.
legendary
Activity: 1036
Merit: 1002
Countries where people have a low standard of living, low level of education, and therefore low level of awareness, with a large margin go. Their government does not care that people can get access to at least the world information, they just do not know about the existence of such technologies, they do not have money for it, and therefore they are not interested in it. Although it is very bad and I feel sorry for them. Sad
jr. member
Activity: 180
Merit: 9
Because it underatand that there is a future of cryptocurrency which we are using now

I think, the value of each coin will always depend on the crypto market like their own paper money in which the strength of their currency will depend upon the Foreign exchange markets. If one of this nation will just insist that their currency is much expensive than the others without marketing then that certain crypto currency will not be recognize by the other countries making it for internal use only within their country.
sr. member
Activity: 756
Merit: 268
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.



In my own opinion, good economies countries have a lot of bitcoin users because countries like japan and america has a lot of rich people who are investing in bitcoin and they have already accepting bitcoin as payment. Hoping that someday bitcoin will be used all over the world not only in good economies countries.
full member
Activity: 361
Merit: 100
        Bitcoin is decentralized and anonymous electronic currency that was first introduced in the year 2009 .  According to my studies I have come through that Bitcoin user are from good economies countries. I think that because there may be more techies  and more advanced in internet and the others underdeveloped countries have no much knowledge about computer and internet . Some countries are afraid of losing their integrity of their own fiat currency and unbanked  people of developing countries are unable to do businesses because they have no way to convert their currency .
newbie
Activity: 126
Merit: 0
Those poor countries cannot solve the problem of food and clothing. They do not even know the existence of the Internet!
People in developed countries get a lot of information about BTC on the Internet. Their ideas are open and easy to accept and try new things!
This is why the poor are poorer and the rich are richer!
newbie
Activity: 70
Merit: 0
Any country can afford to join the bitcoins campaign not only for the good country or rich country but to those whp are interested to change there ilfestyle in a business area. even you are poor in economy, you hav a chance to change your life  from poor to rich. the bitcoins is open to all country, but we have obligacion to do, to tell them about bitcoins on how to start and how to invest your capital and your time, maybe you are in the rich country, but the Lord choose you to share what you have today to bless other people. so that you also bless and live a long life.
full member
Activity: 277
Merit: 100
It is because in the developing countries people are teaching their children to invest, and here at my area they teach to save
sr. member
Activity: 454
Merit: 251
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.



In my own point of view, developed countries like america and japan have already accepted bitcoin and they have a lot rich people that is why most people in developed countries are bitcoin users or investing in bitcoin. But still bitcoin price is still low because there are still many countries who banned bitcoin.
full member
Activity: 490
Merit: 100
I think developed countries like America have a rich population and can buy bitcoins easily. different from citizens in parts of asia. the growth of crypto enthusiasts in every country is growing every year.
Exactly America have accepted bitcoin and it has alt of a lot rich people who are able to buy bitcoin it does not matter what will be the price but they are buying it, same as Japan which is the most well developed country and people are well settled but still to overcome any crises they invest in bitcoin, China recently unban bitcoin because they got to know bitcoin is best choice to make our country more developed and financially good so I think no country would like to refuse bitcoin now.
full member
Activity: 532
Merit: 100
Actually the benefit what will you get from bitcoin is it depends on how well you can manage and doing some stuff with bitcoin, it doesn't affect from the economy of your country, well for me personally tho.
member
Activity: 252
Merit: 10
I think that is due to the fact that those who live in developed countries, it is much easier to invest and to start work than those who do not have the initial capital
jr. member
Activity: 147
Merit: 1
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 in terms of advanced state facilities are more ready to use the currency crypto like bitcoin and so on and also they like with something new
full member
Activity: 420
Merit: 100
The people in those countries have more money and possibilities to deal with btc, while the citizens of underdeveloped countries just can’t allow to care about crypto.
newbie
Activity: 111
Merit: 0
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.

https://i.imgur.com/pgqaTer.jpg


I think countries capable of harnessing the power of information and communication technology will reap more benefits from blockchain and bitcoin technology. Because bitcoin is the future technology.
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