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Topic: Why most bitcoin users from good economies countries? - page 23. (Read 35267 times)

sr. member
Activity: 798
Merit: 250
I think the reason is that the citizens of this developed countries are more wealthy than the people from third world countries, and this fact explain us why the most BTC investors and traders are from the rich countries. If people can't afford to buy their essential things and food, they will never think about buying Bitcoin surely.
member
Activity: 224
Merit: 10
The countries on this list are what most people call the "first world countries", and they are highly developed countries with a developed technological infrastructure, they have the tools to support ATM creation everywhere.
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
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.




Countries today that does not have a very good economy will just immediately fall if cryptocurrency will enter their area because most of the people are preferring to invest on bitcoins more than placing their money on the banks which where governments are getting their funds.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
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.




Usually, simply because the flow of economic on their country is good that they do have the foundation to have this kind of stuff. Usually, those who are not bitcoin users are from bad country who first declined the crypto to get in, and used by their people. Sometimes, such acts results to a severe bad economic result and decreases the chances of having a good economic and the factors of having a good economic on their own.
newbie
Activity: 101
Merit: 0
because the understanding of the financial and investment of the population of developed countries is very good, that's what makes them more quickly know and act when there is development about the economy.
jr. member
Activity: 210
Merit: 1
Because people from good economy like first world country are advance in technology and had a better income or good source of living.
full member
Activity: 462
Merit: 100
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For one thing, these countries have the resources to actually have crypto currency ATMs. This means they have money left over after paying or buying stuff they need to actually build something very experimental in their economy. Besides, yhese countries havr smazing infrastructures when it comes to global communication duch as intermet and the likes.
member
Activity: 314
Merit: 10
why are most good bitcoin users are from good economies in some countries is because they are more active in  accessing their technology that lead them to know more about bitcoin. while in the other hands the people who not much active in technolgy do not know what is online currency. That's why more people not aware of bitcoin in how it will work to them.
newbie
Activity: 217
Merit: 0
Bitcoin is the first crypto currency which can be operated world wide .Most of the industrially developed countries are welcoming  bitcoin for their daily requirement out of which a very few countries are not included such as Russia ,China and India etc Bitcoin .is a new form of economy connected with the modern technology which can be transact world wide for the requirement of the people internationally. Most of the bitcoin users are from the industrially developed countries and their living and education standard will be much higher than the other countries So for  the developing countries  the common people must be educated..
full member
Activity: 277
Merit: 100
There is a big difference in peoples menthality and what is normal in wealthy countries to invest and trade, we count as a loss
full member
Activity: 420
Merit: 102
You said good economy countries right? 😂😂Lmao... That’s because other countries are poor and can’t afford to buy Bitcoin. Another reason can be that these people don’t know about Bitcoin, or maybe they know about but don’t fully understand what it is all about, so they see no good reason to invest in it. There are also people that just don’t have interest in Bitcoin and Cryptocurrencies. And by the way, the countries on the chart are well developed, so there are likely to be more users coming from there.
newbie
Activity: 134
Merit: 0
Most users of bitcoins from countries with good economy because in such countries people quickly master new technologies and try to use them. But over time, the cryptocurrency will penetrate into smaller countries.
newbie
Activity: 50
Merit: 0
Developed Countries allow investments in non life necessary products, the more advanced education also plays its part.

When it comes to bitcoin atms its no wonder that the US is the marketleader since the population there is widely acustomed to ATM usage so to use them for crypto related withdrawals was just the next step.

compare this to a country like laos or cambodia and you will see the difference in progression of bitcoin adaption.
newbie
Activity: 51
Merit: 0
It's funny.. You can't expect people from poor countries where they don't have internet access to care about bitcoin...  good economies countries means developed countries they have lot of resources to learn about new technologies
full member
Activity: 353
Merit: 100
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.





We can't deny the fact that people from countries with not so good economic condition are too afraid to invest because they value their money so much. It is important for them to assure that once they release their earnings , they could gain a great profit out of it. Sometimes, they have trust issues about investing.
member
Activity: 260
Merit: 10
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
sr. member
Activity: 1221
Merit: 250
I think that this is due to the fact that developed countries have more possibilities for the development of crypto currency system. Good economies countries understand that the digital currency has many pros
True, for me they have more opportunities to find out how crypto is working and what profits could they get from investing and what is more they have more savings to risk like in investing in crypto market.
member
Activity: 392
Merit: 10
I think that this is due to the fact that developed countries have more possibilities for the development of crypto currency system. Good economies countries understand that the digital currency has many pros
full member
Activity: 406
Merit: 101
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.




I don‘t think you can draw a correlation between the amount of atm machines and bitcoin users in different countries. For instance in Germany there are far more Bitcoin users than in Austria, but Germany does not have a single bitcoin atm due to regulation and politics.
Good economies means that the country is developed that’s why the economy of that country is good, so I don’t think this thing had importance to write here. Bitcoins transaction has become easy because a lot of developed countries in the world are realizing bitcoins everyday so it means the transactions would be done easily and no hurdles would be in its way.
hero member
Activity: 1204
Merit: 505
Developing countries, access to infrastructure, intenet is very difficult. Because of the location they live in, they are not in the field of information technology. Because of this, bitcoin users are usually concentrated in developed countries.
Too difficult for a 3rd world country to adopt cryptocurrency because no one is helping them even their own government. Too much corruptions, and sometimes people are not educated enough to use cryptocurrency. Mostly ICO's are comes from a largest country because thats is a right place for them to operate their project and they can't afford to take risk on making business in a country that is not open for cryptocurrency.

Countries with good economies can afford and most of the people have education. There internet are faster. The people have also more resources to have an investment.
Yeah a well developed country provides all kind of facilities to the people and they give us all kind of facilities which can make our life economically easy. There will be more resources the most important thing that people are aware of crypto over there so I think we are going to have better thing that an under developing country than developing one, I feel safe being a part of well developed countries as here everyone knows about crypto currency and they happily use it to make more development.
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