Topic: Why most bitcoin users from good economies countries? - page 34. (Read 35267 times)

Available facilities are very complete and support to be able to access the various things that exist in the world of crypto. In addition they also have more money so they can access various things like investing and trading. 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.

Undeveloped 3rd world countries don't care about future technologies. All they care about is how to survive the following day. Lets not even talk about the countries that don't even have Internet access. Modern countries have many millionaires and future-thinking entrepreneurs who are constantly looking for new investment opportunities..and crypto is a perfect investment for them.

There`re many reaseons why most bitcoin users are from good economies countries. First of all, in the developed countries have developed infrastructure, good institutions of higher education, acess to markets, good internet and opportunities to constant learning and professional growth.

Yes it ways like that because it is very difficult for a country that is poor in facilities and lake of food to start caring or thinking about bitcoin when they has allot to tackle.

Mostly,people who had knowledge in bitcoin,we can say that,not all are educated,but they have also even a little knowledge how to operate gadgets,like cellphone,laptops. Those countries experiencing low economies are many people who have not learn even a little knowledge how to operate these,because of the lack of education. So,it is the one reason that i believed.

   Why are more Bitcoin users in countries with good economics?
   The answer to this question is related to what you look at from the question. Bitcoin users may seem to be very much in countries with good economy. It depends on the point of view. If you change your point of view, countries with a lot of Bitcoin users are doing well in the economy ...
   What do you mean?
   You need to know that well. Bitcoin is a technological advance. All of the people who invest in Bitcoin do not invest with the intent to profit. Bitcoin is the digitization of money. Market, patisserie, grocery store, bookstore ... A technology that will take the place of our wallets in our social life.
   Countries with good economics are not wealthy when they are established. The reason why the economics of these countries are good is the people who live in it. People's productivity. Those people are closely following technology. They are more contemporary. When people are like that, countries are getting richer.
   These people did not buy Bitcoin today. In a short time, to be rich, they do not get Bitcoin. These people are the owners of Bitcoin technology. Him to use them, they have achieved. And they did not get it today. Bitcoin wanted to have it when it first appeared and was old.
   In economically weak countries, short-term rich accounts are made. But this is wrong. You have to think about your future.

User in good economies countries have more resources they are willing to invest higher because they can afford it. They are also the risk takers since they have more. They can afford a faster internet connections to be updated with the latest result.

It's simple, in the most developed financial countries there are more investors who have large financial resources for acquiring and investing in cryptocurrencies.

If the people of a country are rich, they are rich in that country. People with high purchasing power have high welfare levels.
$ 1 = 4.2 TL in Turkey
It is very difficult in my country to buy bitoin naturally. Because people get tough.

Because I think the country has a good economy, the people are also prosperous in terms of finance and also they have a high educational background. It certainly affects the mindset, so it's more open-minded to something new, bitcoin for example. Developed country society will be more open in receiving bitcoin.

Since bitcoin is dependent on the internet, first world countries' net infrastructure are the most suitable for trading. And the citizens are no longer strangers to investing, whether traditional or a startup. People in countries with good economies usually have the extra money and time to spare.

yes a good economic countries means they have a good human resources. people in that country will be more open minded to accept a new technology. then how does a country with a weak economy or a developing country be able to participate in a crypto? clearly they need is clarity and certainty related to the future of crypto in developed countries, because basically developing countries tend to follow the decisions that occur in developed countries

Like in any other aspect, the wealthy becomes wealthier and the poor becomes poorer. Countries with good economic standing are the ones who recognize the advantages of bitcoin and use it in their own advantages. Also, citizens in rich countries have the resources or money to invest. Also, people are more informed and educated in those countries that is why they are the only one who have the capacity and capability to use it.

My own opinion, about why bitcoin users is from good economy. Well, I think because most user of the bitcoin is from the country who are open in the innovation of the technology and their most of them is from a popular countries just like in the graph above, United States is in the top and the rest are country that starting to accept bitcoin as one of their currency. And to the countries that economy is not good, well for sure it will come the time that they will discover the importance of bitcoin and it will help them to increase their economy, if the government allow it to be legal.

I think that is due to the fact that those who live in developed countries, it is much easier to invest and to start work than those who do not have the initial capital

That is true because Bitcoin transaction needs internet connection and in the poor country or third world country has a very slow internet connection and most of the people living in the poor country have no access in the internet but nevertheless there are few people who are able to get involve in cryptocurrency .

I think because most of the population in developed countries already have internet access and electronic equipment. And technology education in the country already exists and the majority of the population is willing to learn to use the technology. And because the country's economy is good, its inhabitants are able to buy everything it needs to buy tools that are made the means to manage bitcoin. For example the required tools are PC or internet network.

There are lots hype, money, rich people and plenty of services in developed countries. In third-world cointries you still can't pay with credit card anywhere, so BTC isn't supposed to be very popular there, they need thungs that work right now and not in years

What is the maximum price of bitcoin? 20k.
Who can buy the product at this price? Not everyone can get a bitcoin at these prices.
People with high income levels are happy. Rich countries invest a lot of money. Rich people also invest a lot.

It all boils down to education. If people don’t know about it, they won’t use it.