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Topic: Why most bitcoin users from good economies countries? - page 32. (Read 35267 times)

full member
Activity: 350
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these users are adherents of those countries where the authorities understand that the crypto currency is a good technology development and has great potential for advancement.
jr. member
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The answer is in your question. You said good economy, and good economy means good life, good electricity, fast internet, more enlightened people, I can go on. In the third world countries, some of the people hardly feed themselves in a day, they don't have regular light or internet. No one from these countries in this sort of situation will think about internet not to mention bitcoin. Survival is their major outlook for the day.
hero member
Activity: 1190
Merit: 500

Maybe in a poor country they just think about how they can eat for tomorrow. Because if we want to earn money in bitcoin must be patient because the process to get the bitcoin it takes time. And that may be the reason why poor countries do not use bitcoin because they need money as soon as possible.
Thats right, they are not thinking about new technology and financial systems, while they are still in trouble in finding money to eat? the progress of a country also affects, if the country is poor of course internet connection or even people who have gadgets is very little, so that's why bitcoin is more widely used in developed countries
newbie
Activity: 76
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Those countries able to harness the power of information and communication technology are reaping ever more benefits of blockchain technology and bitcoin.
full member
Activity: 266
Merit: 101
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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 opinion it is because easier for developed countries with all its facility in particular internet access, while compared to less developed countries interet sometimes is still a luxury needs,
Other than that, not i every country you can find crypto exchange that makes it even more difficult to cash out their digital asset
member
Activity: 350
Merit: 12
Most users of crypto currency are indeed from countries with a well-developed economy. This is absolutely natural, since in order to use the crypto currency you need a good Internet, appropriate technical devices, theoretical knowledge of the crypto currency, and certain practical skills. People with a weak economy and a low level of knowledge about the crypto currency can not afford this.
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yes that is true.although low earner wanted to have good technolgy it is hard for them to do so because they  lack money to buy

newbie
Activity: 90
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I very much hope that bitcoin will go in better development, and will be distributed everywhere.
newbie
Activity: 210
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Cause they have a good economic condition to use Bitcoin or invest on it simple. Look Bitcoin is not a cheap item, its expensive and luxurious as well. Research produced by Cambridge University concluded this year that there are between 2.9 million and 5.8 million unique users actively using a cryptocurrency wallet. 
full member
Activity: 292
Merit: 102
Bounty Detective
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 they are more capable than those with low economy countries. When you are rich, you can sustain funds and capitals for their investment. Having more capital offers more opportunity, hence they are the ones that might be be willing to invest their money, time and effort because they are also the ones who are well-benefited. And also, they have fast internet, which also a great factor to consider since cryptos are internet-based.
PIR
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Maybe because they prioritize what is needed in their country and any nation who barely struggling in their economic status are hardly able to compete to other country who are already in good condition and is now advancing in terms of technologies, they can avail to have bitcoin in them..but given a chance they can also succeed as other does
hero member
Activity: 2912
Merit: 541
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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

so with a good internet connection, I think every people can exploring much information including to search about bitcoin and once they find about bitcoin, they will try to earn like what other people did. and as far as I know, the good economic countries have a good internet connection which will give the opportunity to the people to search what they want and they can be able to search more information about bitcoin. and if the other countries don't have a good internet, then like you said, they will not be able to search many things related with bitcoin.
full member
Activity: 1218
Merit: 105
What about the country of philippines? we filipinos are good at economics.  One example is when you browse the economics board of bitcointalk, you can see that most active users are from the country of the philippines. Not only on economics but also on politics and society too.

I also think that way, growth of bitcoin atm in big country is very much and can not be calculated. Bitcoin is an attraction for large countries especially in America, this is very good because bitcoin will continue to developing

It is still possible for it to be calculated as long as someone can do a survey for anyone who uses bitcoin. U.s is not also a big country but it is good to see that they got the most number of bitcoin users when compared to other parts of the country.

There are a lot of countries in the world with a good economy and not only the country of philippines, Even if you say that the majority of active users are from the philippines it doesn't mean that it has a good economy.

How did you know that United States is not a big country? Do you have any proof that United States is not a big country? Are you trying to troll people in here? If you search on google it shows that United states is at the top 3 rank of the biggest countries in the world.  Grin
newbie
Activity: 104
Merit: 0
they are developed countries with advanced technology infrastructure, they have tools to support creating ATM Bitcoin everywhere.
On the other hand, developing countries have bigger problems than trying to incorporate BTC into society, hunger, lack of technological advances and low economy, They need to address this issue.
newbie
Activity: 14
Merit: 0
You just answer your question. It's because they are living in a country with good economy. People who lives in a poor country tends to think what will they eat for the whole day first, so how can they care about bitcoin when they can't afford even the basic necessity of life? and that's make me sad. The fact that you want to become successful yet you don't have any means. I hope there is an existing group that will let them lend some bitcoins to start with then they will pay it one day ..
newbie
Activity: 134
Merit: 0
I think the good state of how the mind works will be more to make money and while the poor country I think by looking for food just how hard they want to use bitcoin. Since the country in that poor country also has no news about bitcoin, I'm sure of that.
full member
Activity: 476
Merit: 102
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.



Those countries with good economies have most bitcoin users because those people who live there are open-minded to accept technological advancement and they have the capability to go with the flow of it. Every people there are exposed to gadgets and access on the internet so they are updated with the new approach in technology, they will easily understand the concept of blockchain technology and bitcoin compared to third class countries where very few people have the access on the internet and understand the blockchain technology.  

Since their country has a good economy, people live there have more than enough income to sustain their family needs so they can save money where they can put in an investment as bitcoin. On the contrary, almost all people who live in the third class country earn just enough to sustain their family needs.  Some of them earn insufficiently to sustain their needs so, investing in bitcoin is not their priority.  
newbie
Activity: 112
Merit: 0
What's most astounding really is how low those figures are - if you were to compare those per head of population, then it shows how few Bitcoin ATMs there are.  Wink
full member
Activity: 378
Merit: 100
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
newbie
Activity: 127
Merit: 0
Maybe in a poor country they just think about how they can eat for tomorrow. Because if we want to earn money in bitcoin must be patient because the process to get the bitcoin it takes time. And that may be the reason why poor countries do not use bitcoin because they need money as soon as possible.
full member
Activity: 334
Merit: 100
Most bitcoin users are from countries with good economies because these are the countries daring enough to try out a new and promising technology especially in the FINTCECH. look at Japan, Germany, USA, have very strong economies, Poor countries on the other hand are merely a joystick being controlled by tyre bigger economies they depend on it
bitcoin or cryptocurrency is something that is individually independent of any such governmental frills
and the control of bitcoin can not be done by the government because it is not the right he even though the Japanese state though
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