Because the price of Bitcoin is still high and most people from the third world countries can't afford to invest in Bitcoin, while people from the developed countries have high incomes usually from their regular jobs, and they afford to buy BTC monthly or even weekly.
Also, the education in the developed countries is better, and people from rich countries are more interested in the blockchain technology.
Topic: Why most bitcoin users from good economies countries? - page 24. (Read 35267 times)
Things that are not owned from developing countries are internet access is very difficult and expensive while internet access in countries with good economy is cheap and even free, this is what makes bitcoin development in developing countries is difficult.
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.
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.
Yes wr can't deny that the big country or have a good economy was common bitcoin user.well i see to the big country for user of bitcoin they not panic if the bitcoin fall down because they have a good economy and a rich country so they don't mind if the bitcoin gone and they not afraif to try it. Noe the bitcoin hava the biggest value in other cryptos and i think the big country was get more big and get more many investment because the bitcoin price eas so highSo 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.
This is because countries with good economy has more advanced technology and are more civilicized thus having advanced knowledge in almost everything. They have good education and has support from the government that is why they are always in the front row compared to other countries.
Most bitcoin users from good economies countries because these country has abundance in power supply and internet access there people are well educated , and understand what new technology is all about like this bitcoin and cryptocurrency, this people living in this progressive countries are open minded people who listen to what is a good investment is all about like bitcoin investments.
when people have some savings which they face to loose than it is easy for them to invest and expect more otherwise the poor people who have income only for keeping the food on the table can`t think to invest in a risky environment such as this one.
Actually education and information matter and these are some of the keys to joining the bitcoin market. Most people in the countries with good economies have higher educational level comparatively and they can easily learn and embrace the bitcoin and the crypto currency economy. People simply would not invest in something they know nothing about.
It depends on the country patronizing bitcoin but most people use bitcoin discussing about economics, maybe it depends on the other countries.
This distribution makes total sense because when you do not have enough funds to support yourself and your family you do not go online and trade, you simply do your best to figure out where to get food for a day and look for that job that provides you with money right away, not in a while like most investments do.
This is just the way thing works, if you look at all the biggest discoveries and inventions you will see they come from people that were in a good economic position already and that could take some of their free time to think about something else than survival, so it makes sense that most investors and most coins are held by people coming from rich countries. It is much easier for rich people to invest in new technologies. The richer the country the more it is willing to spend on research and development that may not yield any results
Not all of the investor of bitcoin are rich people, most of the times the investor for bitcoin are just average people who are hoping to get rich and to become successful with cryptocurrencies and that is what is i am seeing in my country that the people like me are really working hard in cryptocurrencies because they believed that it will help them to become successful and to achieve all of their dreams. 
It is much easier for rich people to invest in new technologies. The richer the country the more it is willing to spend on research and development that may not yield any results
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.
Nice statistics, as I look into the graph most of them are belong in the 1st world country, I thinks its because they already have technology and people has the capacity to earn more than money that they need, unlike in the poor country they don't have technology to support bitcoin the people is working for their survival and instead of buying bitcoin, they choose to a lot the money that they earn for their food.
We have to consider the place and the way of living of an individual. Not all of us are living in an urban areas. Some are staying peacefully in a secluded areas without disturbances and just trying to escape the distracting issues of the world. Where there are no internet connections, less social media, and where crypto is not a big matter. One example is my country. Well, some of my friends are not interested in these currencies because they don't know how and why it is being done. Thatvs why are economy is not that good to compare to others because some of us do not have the exact knowledge. Plus, we don't not have banks in rural areas. 😂
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 will favor these countries because they have the advance technology, most people are computer literate and fastest internet connection is always achievable. In order for the smallest countries to catch up then they should fully support Bitcoin currency without hesitation and regulate it as we all knows that countries that against Bitcoin existence are belong to the poor countries which is i really don't understand. I just hope that this few small countries will realize that the rich countries are enjoying Bitcoin benefits that they should not be left behind.
I think the reason why most bitcoin users are from countries with good economies is not mainly because they have the infrastructures or because they have the money to invest in cryptocurrency. For me, the main reason is that they possess the power of knowledge and information and the 'how's' of bitcoin and other cryptocurrency. These knowledge and information is mainly supported by their money which makes it possible. If we think about it, even an undeveloped country will be able to progress and make mining and cryptocurrency profitable if only they have the information on how to do so. Without it, they will remain ignorant, not knowing that there are hundreds of possibilities offered by the cryptoworld.
It is also depending the income of that countries. The good economy country the more the investors who wants to invest in crypto world that can create also many nice project.
This is because people in those countries are educated. Also, these people have access to better infrastructure like internet.
Because developed country not only had big economies but because they're also had facilities which support that technology, and other factor maybe from the level of education or maybe from internet reaches range.
with good facilities or infrastructure, the country can support their people to search on the internet about the opportunity to make money. and finally, people can find about the cryptocurrency which could help them to search a new way to make money. I am sure that for the other country which doesn't have good facilities, they are able to search this opportunity too and it depends on how that people want to keep trying to search.
These countries have wide variety of information, as well the communication and internet connection are very strong unlike poor countries have low resources of giving information to the mass, Internet connection in these areas are very hard and some rural areas had no gadgets to fulfill their needs in terms of communication.
Because developed country not only had big economies but because they're also had facilities which support that technology, and other factor maybe from the level of education or maybe from internet reaches range.
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 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
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,, Actually, this is not 100% correct.
If we see that picture above, why Japan is in the lowest rank? I think Japan has good economics. You can see it in this wiki: https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult
Lol😂😂funny you. The link you just posted has nothing to do with what we are discussing here. The topic is focused how much people are making use of Bitcoin per country and not how much people own or something… just about countries with most users of Bitcoin/investors. Well, I do believe you… cause I can remember that Japan was once a reason for the price of Bitcoin to go up. If we see that picture above, why Japan is in the lowest rank? I think Japan has good economics. You can see it in this wiki: https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult
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