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Topic: Why most bitcoin users from good economies countries? - page 30. (Read 35267 times)

newbie
Activity: 71
Merit: 0
If you couldn't even eat a meal, would you worry about how much bitcoin or how much of a cryptocurrency you have? Bitcoin is an internet economy.
newbie
Activity: 99
Merit: 0
Maybe it because they have good source of internet like free public wifi. In our country philippines didnt have free wifi. Thats why we are late on crypto. But we are try hard to catch up what we missed
full member
Activity: 277
Merit: 100
The funny statisticks say that most of bounty hunters are from Russia, Ukrain and etc. Investors are from developing like USA, France
newbie
Activity: 58
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.
jr. member
Activity: 196
Merit: 3
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.




These countries with good economy are also supportive of bitcoin because they are open-minded to the idea of bitcoin. They see bitcoin as an advantage to their economies and their people rather than negative one. Likewise, these countries are more open to investment in bitcoin because they are gaining profit from it.
member
Activity: 518
Merit: 11
HODL
Most developed countries use bitcoin. Because bitcoin meets the needs of today's human development. They saw the benefits of early bitcoins. Using bitcoin helps their economy grow. I think developing countries should study in developed countries to develop.
member
Activity: 532
Merit: 18
Bitcoin lover!
You give statistics on the use of ATMs for bitcoins. This does not reflect the number of users of bitcoin in all countries. ATMs of bitcoins are installed, as a rule, in large industrial centers, and, as a rule, in countries with high incomes of citizens. ATMs are one of the ways to use bitcoin, and it's far from the most basic and not so large in volume. In some countries, ATMs are not used at all, but this does not mean that bitcoin is not used in these countries at all.
full member
Activity: 280
Merit: 100
You need electricity and constant internet connection for cryptocurrencies to work. People in poor countries like Ghana, Afganistan, Nigeria etc didn't have a full day access to electricity, forget about internet. In a country like these bitcoins are of no use. One can't possibly make use of bitcoins in these countries as they don't have any stores or online websites which accepts bitcoins.
And there are some hurricane-ravished regions around the world like Puerto Rico where 97% of population has no access to power and internet. In a country like this, cash is the only option for trade.
member
Activity: 123
Merit: 10
it is true what happens to certain people who can learn bitcoin and can have it but i found many things with the development of electronics today many of the lower classes also know the system well and many of them who already understand even feel have bitcoin and this happened in my country they are very enthusiastic in learning and understanding the system and they succeed with bitcoin.
member
Activity: 448
Merit: 10
The economically advanced countries are the ones daring enough to try out and explore into new areas.Bitcoin s still a new venture and few are wiling to try it out, economically table countries are stable enough to take the risks a their economies can afford it. The countries perfoming well economicaly are thre because of the risks its people took in both technology and business, the same applies to crypto. it needs risk taking to make it big in the industry, and most huge risk takers are from these countries
member
Activity: 210
Merit: 10
Because of the factor of information and the internet, in a prosperous country it is certainly very easy to get any information, besides that most developed countries give freedom to the people rather than many poor rule countries.
full member
Activity: 420
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.



of course very grateful investors whose countries they receive with good crypto currency especially bitcoin, in my country bitcoin still prohibited to conduct transactions directly
hero member
Activity: 2408
Merit: 584
Bitcoin users often come from developed countries by the society in which they live, giving them a positive perception of Bitcoin. After all, the remarkable benefits of Bitcoin have given them confidence in Bitcoin's role in the Cryptocurrency market, recognizing the value of Bitcoin. And they enjoy the positive benefits of Bitcoin because they are the fastest.
yes in developed country every facilities are available for their peoples and government want benefit for their peoples they can easily buy the mining machine and mine digital currency because of availability  of electricity and technological assets. they are full secure by county government. that's why they  are inter first and secure. and the  undeveloped countries peoples have  faced many problems to reached digital currency they have lack of technology, electricity and hacks can easily hack their exchange and they cannot do any thing.   
newbie
Activity: 98
Merit: 0
More developed countries tend to have more bitcoin users because of what you may call economic problems. recall there are memes that state third world problems to first world problems. Although ti may be a joke it is a depiction of what problems do people experience at different countries.
newbie
Activity: 66
Merit: 0
The country's good economy reflects the well-being of its people. Usually, it occurs in the developed countries are maximized in utilizing technology. That is, the person is open to the development of technology, especially Bitcoin, and willing to learn and take advantage of opportunities available.
Right. Technology can change our perceptions, even our lives. From a worker or a regular employee, with the help of technology to bring Bitcoin to them, their lives can change completely overnight. So, in developed countries, people have more access to new technologies and use them for their lives.
newbie
Activity: 66
Merit: 0
Bitcoin users often come from developed countries by the society in which they live, giving them a positive perception of Bitcoin. After all, the remarkable benefits of Bitcoin have given them confidence in Bitcoin's role in the Cryptocurrency market, recognizing the value of Bitcoin. And they enjoy the positive benefits of Bitcoin because they are the fastest.
newbie
Activity: 224
Merit: 0
The undeveloped countries  have less or not enough infrastructures to build and mine a lot.  Also a lot of people in this country don't even know what it is due lack of awareness.
full member
Activity: 770
Merit: 113
The country's good economy reflects the well-being of its people. Usually, it occurs in the developed countries are maximized in utilizing technology. That is, the person is open to the development of technology, especially Bitcoin, and willing to learn and take advantage of opportunities available.
newbie
Activity: 53
Merit: 0
Our country has an internet connection that is so slow, we can not access as fast as the neighboring country connection, we can not explore what we want because of the limited internet connection. We also want to do more research but are sometimes hampered by technology. Cool

Now bitcoin has been so high that even people from good economy countries now find it hard to have a reasonable amount of bitcoin. For example, for you to have 1 bitcoin you have to invest more than $ 6k. So people from low-economic countries have to work very hard to be able to invest in bitcoin and their technology is much more advanced than others it keeps people from their country aware of the potential of bitcoin, and bitcoin ATMs is not enough evidence to consider that there are many users there.
My country is Philippines. Our country lacks technology so basically our country will not invest some money into bitcoin ATM, and actually we already have a wallet that has a feature that lets us pull into the bank ATM therefore we do not need bitcoin ATM no longer.
newbie
Activity: 35
Merit: 0
There was an African country which has failed currency that essentially by default switched to Bitcoin (sorry I cannot remember which one).  But in general more wealthy countries will use Bitcoin since they are more likely to have access to the internet and computing devices that can support it.  Also keep in a mind a lot of exchanges don't allow certain countries to buy as well.  This is why I think a coin like Lumens and similar is a smart bet against Bitcoin as it really is too expensive and slow to use for daily transactions or to "truly be your own bank".
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