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Topic: Why most bitcoin users from good economies countries? - page 33. (Read 35267 times)

newbie
Activity: 158
Merit: 0
Almost everyone in the country is technologically advanced. Internet access there is also easy.
in contrast to developing countries, that even the inhabitants do not know about ATMs, the Internet, and even the crypto world. This is because people in developing countries find it difficult to get an education, so it will be difficult for the elderly to join the crypto world.
full member
Activity: 504
Merit: 100
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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
newbie
Activity: 1
Merit: 0
jr. member
Activity: 182
Merit: 2
Its simple because that country can support there economy and support there country. People have enough from developed countries from their savings are trying to trade with bitcoin and other crypto currencies. But for me if we are a visionary person then we can get better results, even though we only have a little money then we can generate more profits. Someone who is confident can get what they want even with various limitations. governments  in less country  developed economies. They are concerned that the bitcoin issues will affect their country by its negative effects.
sr. member
Activity: 1750
Merit: 267
Here we can find many reasons for it. Most of the richest people are caring about bitcoin because in those countries, telecommunication and other systems available, safe and easy. People who live hand to mouth are not able to care about bitcoin.
jr. member
Activity: 224
Merit: 1
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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.




because people from countries where education is better can come to know and understand bitcoin. People in developing countries have much different troubles in their lives
sr. member
Activity: 704
Merit: 270
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.



Comparing bitcoin ATM growth is not a reliable indicator of calculating the number of bitcoin users throughout the world as bitcoin ATM can only be afforded by the big companies and also which is mostly possible in the developed good economic countries, so that's the reason that imagining the number of bitcoin users on the basis of the Bitcoin ATM machines installed in the country is a pretty bad idea.
newbie
Activity: 178
Merit: 0
We see most of the users in the United States, the economic good countries have a special advantage in the dissemination of Internet infrastructure and information. We all know that there are many countries in the world that have no Internet in the backward areas, and they have no social media such as FB and twitter.
newbie
Activity: 77
Merit: 0
Bitcoin users are from developed countries which shows positive trend towards the crypto world.People who can afford to invest in crypto currencies from Europe, US , Aus, few countries in Asia and Africa are investing based on their financial earnings and commitments . People have enough from developed countries from their savings are trying to trade with bitcoin and other crypto currencies.
newbie
Activity: 238
Merit: 0
There are some reason like:
1. There is income is low of people so they can't think for further investment.
2. There is people are less educate so they have not awareness.
3. Bitcoin is risky investment. And they are not able to bear loss. They mostly go for fixed return.
4. Less use of computer and internet is also reason.

And others.
hero member
Activity: 742
Merit: 500
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.




Its actually a quite simple reason to why more economically well of countries buy bitcoin and that is because people in those countries have more disposable income.  You cant really expect someone in a 3rd world country, who can barely put food on the table to go out and buy bitcoin.  Its just not realistic for them.  But in countries like the U.S there are many people who are doing well financially and can take the risk of buying bitcoin.
full member
Activity: 616
Merit: 100
i think peoples from the good economic country are open minded, its mean that they want to accept new techonologies, which is its a good habits that makes want to know about the new in tech and economics, so it makes the bitcoin users is most come from the good ecnomonics currencies
full member
Activity: 336
Merit: 100
of course . countries with good economy , people in their countries have a better life. They have more opportunities to  exposure  with modern technology and their government encourages people to invest in bitcoin. They certainly can not ignore the bitcoin these a good opportunity to bring more profit have they. In contrast, governments  in less country  developed economies. They are concerned that the bitcoin issues will affect their country by its negative effects
member
Activity: 184
Merit: 10
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in my opinion, because in countries with good economies, public education about technology in the country is also very good. in contrast to countries with less economies. to buy existing technological tools, sometimes it is still difficult for people in economically disadvantaged countries. even for internet access in a country with a poor economy, may still be difficult. while today's technology is in desperate need of the internet.
jr. member
Activity: 322
Merit: 1
There are reasons for this. Residents of rich countries are more educated, they are better versed in technology and investment. In addition, they have the money to buy bitcoin and other cryptocurrencies.
newbie
Activity: 78
Merit: 0
Most 3rd world countries barely even use credit cards yet, they're further behind.
full member
Activity: 378
Merit: 125
bitcoin users are dominated from countries with more advanced and growing economic systems. so that the country can apply any existing technology at this time especially blockchain technology based on digital currency. so they give people the freedom to use bitcoin because they are able to control the technology.
full member
Activity: 714
Merit: 114
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.
newbie
Activity: 84
Merit: 0
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
member
Activity: 378
Merit: 10
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yes i do think the same. Country such as zimbawe are banning cryptocurrency cause they are not ready to embrace digital economy, But they have to embrace it soon or later cause the development of technology and fintech are must and it will be our future of payment.
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