Why most bitcoin users from good economies countries? - page 6.

rosepetals

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Quote from: TTITA on October 30, 2017, 11:51:18 AM

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.

Countries that have good economy are very productive and people can afford to adopt cryptocurrency.Mining is expensive,and being involve in a blockchain technology needs alot of study and these countries have the capabilities to do it.While other poor countries has less knowledge on how it works and most countries prohibit bitcoins usage,means that the were not willing to risk their economic growth on cryptos.

bitcoin31

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Number 1 is the united states of the America because america is one of the rich country in the whole world so the citizen there are very rich so they will invest a lot of money and a lot of contribute to the bitcoin community. But every country in the whole world is very important it can help to grow our community to become more popular to the online world. I hope somday my country will be in the list but the economy is not good.

supine

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How can you expect a third world country to lead when it comes to cryprocurrency investment. Ofcourse, countries with good economy are the first one to learn and take advantage of cryptocurrency. How would you expect a third world country to get involved with crypto as early as it was out.

nur rochid

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Quote from: playboy654 on February 08, 2019, 07:53:32 PM

Not like that most of the Bitcoin uses will came from the good knowledge country but there are also lots of people from all over the world to work for his investment in Crypto field so we cannot judge the economical situation will decide a person to involve in cryptocurrency field.

indeed developed countries are synonymous with good human resources, especially with good government support, making bitcoin easy to develop in the country

RokokGudangGaram

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Quote from: usorin on February 08, 2019, 05:02:17 PM

Quote from: TTITA on October 30, 2017, 11:51:18 AM

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.

Related to the topic, i guess the people in from the developed countries don't have the same problems like corruption, food, clean water and so on. Perhaps Bitcoin is the chance for all of us to be more developed, intelligent and civilised.

it's true that with the existence of bitcoin it is our opportunity to change better than life which is all difficult for us to have, because there are already so many people living well because of the results of bitcoin which it gets promising

Pattart

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Quote from: jabrix on February 08, 2019, 10:55:09 AM

Quote from: fly99 on December 12, 2018, 05:27:20 AM

Countries with good economies usually have developed financial industries. There are many investors in the developed financial sector. The investment community has been popular for decades. From the stock market to real estate, there are a large number of investors entering, so the developed countries are more likely to accept bitcoin.

Infrasructure communication in developed countries has been very smooth so that the speed of the internet has been very supportive for the use of bitcoin, in contrast to developing countries where internet speed is very alarming.
Besides that the level of education of the people is already high so that bitcoin transactions that use android devices or computers are not an obstacle.
The last is that their capital ownership has been established so that when running a bitcoin transaction there is no mental pressure.

Even in developing countries, the internet is an expensive and rare item there. of course a country's technological development
is also very influential. compare developed countries like US, japan, etc, of course they have many crypto users..

shoreno

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i came from a country that does not have a good economy but i saw how people slowly embrace bitcoin . today there are now over 55% bitcoin users here and the number is still growing .

Quote from: Janation on February 08, 2019, 07:57:35 PM

Quote from: Nensidru on February 08, 2019, 05:05:42 PM

Well, this is not surprising. People who have a good wealth, can afford to invest (invest) in the project / coin without fear of losing something. This is how it happens.

You are saying this like they are just wasting their money.

no they are not . investing is an act of buying and waiting for the result if you can earn or not . investing is not about throwing your money or donating it to someone else . those first investers are lucky because bitcoin became a succesor .

Janation

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Quote from: Nensidru on February 08, 2019, 05:05:42 PM

Well, this is not surprising. People who have a good wealth, can afford to invest (invest) in the project / coin without fear of losing something. This is how it happens.

You are saying this like they are just wasting their money.

They are investors, they don't invest on projects or coins just because they want to. They risk their money on these projects because they know they have the chance of earning money. They know the risk there, they are risking their money and they are not that kind of investor that just let their money up even if they lose. They invest to earn not because they want to.

playboy654

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Not like that most of the Bitcoin uses will came from the good knowledge country but there are also lots of people from all over the world to work for his investment in Crypto field so we cannot judge the economical situation will decide a person to involve in cryptocurrency field.

Nensidru

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Well, this is not surprising. People who have a good wealth, can afford to invest (invest) in the project / coin without fear of losing something. This is how it happens.

usorin

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Quote from: TTITA on October 30, 2017, 11:51:18 AM

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.

Related to the topic, i guess the people in from the developed countries don't have the same problems like corruption, food, clean water and so on. Perhaps Bitcoin is the chance for all of us to be more developed, intelligent and civilised.

jabrix

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Quote from: fly99 on December 12, 2018, 05:27:20 AM

Countries with good economies usually have developed financial industries. There are many investors in the developed financial sector. The investment community has been popular for decades. From the stock market to real estate, there are a large number of investors entering, so the developed countries are more likely to accept bitcoin.

Infrasructure communication in developed countries has been very smooth so that the speed of the internet has been very supportive for the use of bitcoin, in contrast to developing countries where internet speed is very alarming.
Besides that the level of education of the people is already high so that bitcoin transactions that use android devices or computers are not an obstacle.
The last is that their capital ownership has been established so that when running a bitcoin transaction there is no mental pressure.

Findingnemo

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Bitcoin = Financial freedom

Quote from: Barbut on January 31, 2019, 05:45:02 AM

Quote from: Findingnemo on January 31, 2019, 04:30:31 AM

Quote from: sirminesalot on January 31, 2019, 12:28:48 AM

because bitcoin was created with the times and technology and that's what makes people invest in crypto currencies that are in advanced and modern countries
and also now that the investment in many countries has grown a lot which makes them get freedom

But what kind of technology we need to invest on the bitcoin?

An android or a pc with internet connection will be enough for people to buy and sell cryptos.

So the analysis based on number of ATM is not going to be right.

Lets be real, US is one of advanced countries, people there have really high paychecks, monthly paychecks. I work entire year for almost nothing with what money will I buy some bitcoins and how much, but average american can take $100 and buy bitcoins, in my case its half of monthly salary, can we compare that.
In my town people still dont know how to use credit cards, what to say more, they dont know to use cash atm, about bitcoin atm they never heard. And this is story how to get some bitcoins, where to spend them is again similar story, in advanced countries you have where to spend bitcoins, in my town you dont have a single place to even talk about it.

I don't think anyone here spending their bitcoins all they just want to trade it and make money from it because even most developed countries don't have much places to spend the bitcoin.ATM is just like an exchange so people from the remote areas might convert it electronically.

Barbut

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Quote from: Findingnemo on January 31, 2019, 04:30:31 AM

Quote from: sirminesalot on January 31, 2019, 12:28:48 AM

because bitcoin was created with the times and technology and that's what makes people invest in crypto currencies that are in advanced and modern countries
and also now that the investment in many countries has grown a lot which makes them get freedom

But what kind of technology we need to invest on the bitcoin?

An android or a pc with internet connection will be enough for people to buy and sell cryptos.

So the analysis based on number of ATM is not going to be right.

Lets be real, US is one of advanced countries, people there have really high paychecks, monthly paychecks. I work entire year for almost nothing with what money will I buy some bitcoins and how much, but average american can take $100 and buy bitcoins, in my case its half of monthly salary, can we compare that.
In my town people still dont know how to use credit cards, what to say more, they dont know to use cash atm, about bitcoin atm they never heard. And this is story how to get some bitcoins, where to spend them is again similar story, in advanced countries you have where to spend bitcoins, in my town you dont have a single place to even talk about it.

Findingnemo

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Bitcoin = Financial freedom

Quote from: sirminesalot on January 31, 2019, 12:28:48 AM

because bitcoin was created with the times and technology and that's what makes people invest in crypto currencies that are in advanced and modern countries
and also now that the investment in many countries has grown a lot which makes them get freedom

But what kind of technology we need to invest on the bitcoin?

An android or a pc with internet connection will be enough for people to buy and sell cryptos.

So the analysis based on number of ATM is not going to be right.

bangkit tri

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Quote from: sirminesalot on January 31, 2019, 12:28:48 AM

because bitcoin was created with the times and technology and that's what makes people invest in crypto currencies that are in advanced and modern countries
and also now that the investment in many countries has grown a lot which makes them get freedom

right, developed countries certainly have the first technological development. so they applied it in their territory first, and finally spread throughout the world. with the development of these technologies, their economies will follow by themselves

sirminesalot

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because bitcoin was created with the times and technology and that's what makes people invest in crypto currencies that are in advanced and modern countries
and also now that the investment in many countries has grown a lot which makes them get freedom

pieppiep

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United States has a very stable and good financial condition, they are a very developing country, and they are countries that like technology that can benefit their country while if there are so many US countries that use bitcoin and there are many bitcoin ATMs then that is technological progress that very good.

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Quote from: reality18 on January 26, 2019, 10:31:47 PM

It is always about the infrastructure. The availability and affordability of internet sources and computers in the good economic countries determines the high level of Bitcoin patronage. The opposite happens with the low economic countries which are normally developing or under-developed. Aside the infrastructure, the some of the people in these low economic countries are still illiterates and cannot even access the computer.

I think that aside from that, human resources in developed countries are more modern, so they are the first to learn about technological developments. especially if these developments will bring benefits in the future, so they are the first people to receive benefits from these developments. one of them is that they will get richer

reality18

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It is always about the infrastructure. The availability and affordability of internet sources and computers in the good economic countries determines the high level of Bitcoin patronage. The opposite happens with the low economic countries which are normally developing or under-developed. Aside the infrastructure, the some of the people in these low economic countries are still illiterates and cannot even access the computer.

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