Topic: Why most bitcoin users from good economies countries? - page 8. (Read 35267 times)
since these people have access to more information (internet) and have the resources to make low - high investment.
low class society will never know about crypto because there are some level for us that confine them to learn something new, it can be from tool, way to thinking, and many thing. when we as crypto player, must be share about this one to low class. so, they know and practice, and it can be do equally by all level
It's because they are aware of cryptocurrency and they were able to adapt it very fast. Third-world countries are not that capable in investing in crypto currency. Even here in our country, only few people are aware of cryptocurrency, most of them are bounty hunters and not an investor at all.
Countries with good economy do not gain their status of having good-performing economy just for nothing. And that I think is the main reason why they are using bitcoin. They do not just settle for what they already have. They explore more and expand more. They took the advantage of their economy to get involved in bitcoin. Whereas we cannot expect a poor country using bitcoin that has no food to eat, no things to buy and use, and no strong internet connection to use. Moreover, one's economy may also dictate one's education about bitcoin. Hence, poorer countries that find it hard to have an education, may not become aware of bitcoin.
This is answered already with a good common sense. Bitcoin is something you buy with money. Good economy just indicating good pay for its citizen which they can be used in buying bitcoin and cryptos. I tell you that i belong to a third world country and most of the people here will just allocate their salary to the most basic needs. Investments is not part of the priority here. Most of us doesnt have the idea or at least learn the basic of investments. Only people who have the resources and money can have the opportunity to buy bitcoin.
It is expected and cannot be denied that the more advanced countries would surely be the leader in this more advanced technology. It would be more questionable to see that such a small country with less bitcoin users will have the most bitcoin ATMs. So what for? Who will be the clients then? So you don't have to wonder about it. Had it been other countries have started it and are as well advanced they would have been just the same as the US now.
because bitcoin is an asset that is very promising the results that are obtained, so most of the users of the bitcoin are definitely economically guaranteed and fulfilled too...
Good income countries will take this opportunity to increase their wealth later so if they want to invest a little of their money it won't make them bankrupt.
As you know that bitcoin is not a cheap currency and it worth thousand of dollars. Small countries people with less money will not be able to involve and convert their fiat as much as rich people can do. So more the good economy of a country, more people can keep their savings in bitcoins.
the distribution of crypto users is inseparable from the country's economic level and the tendency of established economies will have considerable interest in crypto such as the US, Korea, Japan, China and many more but some developing countries like Indonesia also have quite a lot of users. this will continue to grow according to the benefits that crypto has given them
I think its down to many factors really. Some of the major factors for people in developing countries are intermittent power supply and internet service which makes it very difficult to either get online or stay online with either of those services not being available steadily. Also, i think those of us from certain continents have much more disposable incomes that we can afford to invest in crypto without much risks to our daily living standards whereas for some countries, every little amount can make the difference and can sometimes be about survival..
I think intellectual factors in developed countries are supported by government policies, so people are more free to improvise in their lives, including legalizing bitcoin for investment or trade. The government only provides regulations on bitcoin, but does not prohibit it. It even facilitates the progress of the bitcoin business, such as fast internet, bitcoin ATM facilities, and startups that use bitcoin. because bitcoin is an asset that is very promising the results that are obtained, so most of the users of the bitcoin are definitely economically guaranteed and fulfilled too...
Good income countries will take this opportunity to increase their wealth later so if they want to invest a little of their money it won't make them bankrupt.
If you will be an investor, you should know or be certain that you will be getting a good profit out of it in the near future. You can't waste your money and time unto something even though it is small or large. Wasted money and time is also important so we should really manage them very carefully.
because bitcoin is an asset that is very promising the results that are obtained, so most of the users of the bitcoin are definitely economically guaranteed and fulfilled too...
Good income countries will take this opportunity to increase their wealth later so if they want to invest a little of their money it won't make them bankrupt.
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.
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.
We can say that Countries who does have good economies were the ones who adopt changes roght after innovation has come to the public, we can say that they are the ones who is flexible and adaptive when it comes to innovation, the progress of their country doesn't take too long to proceed and try another things in the future which allow everyone to climb with the trends that was given to them.
People in countries with better economies have better incomes and thus better opportunities to invest in Bitcoin because they can easier afford that. Also, new technologies including Bitcoin are more available to them.
But that doesn't mean that people for countries that are not so rich don't use Bitcoin just the opposite but they maybe use different methods to get to the Bitcoin or they use it for diffierent purpose.
But the number of ATMs doesn't proof the popularity of Bitcoin or show the real number of Bitcoin users.
But that doesn't mean that people for countries that are not so rich don't use Bitcoin just the opposite but they maybe use different methods to get to the Bitcoin or they use it for diffierent purpose.
But the number of ATMs doesn't proof the popularity of Bitcoin or show the real number of Bitcoin users.
because bitcoin is an asset that is very promising the results that are obtained, so most of the users of the bitcoin are definitely economically guaranteed and fulfilled too...
Good income countries will take this opportunity to increase their wealth later so if they want to invest a little of their money it won't make them bankrupt.
This is ridiculous. The number of Bitcoin ATMs can't be taken as a measurement of the popularity of Bitcoin in a certain country. For example, Bitcoin ATMs are banned in countries such as India and China. That doesn't mean that there are no users in these nations.
I think its down to many factors really. Some of the major factors for people in developing countries are intermittent power supply and internet service which makes it very difficult to either get online or stay online with either of those services not being available steadily. Also, i think those of us from certain continents have much more disposable incomes that we can afford to invest in crypto without much risks to our daily living standards whereas for some countries, every little amount can make the difference and can sometimes be about survival..
I think that every day the number of users and bitcoin holders (or other cryptocurrencies) from developing countries will increase. Because a bad economy is an incentive to improve their position and quality of life. This is a reason even just to find a job.
because bitcoin is an asset that is very promising the results that are obtained, so most of the users of the bitcoin are definitely economically guaranteed and fulfilled too...
bitcoin or other crypto currencies were created using the times and advances in technology and progress is certainly followed by developing countries and have a good economy also in my opinion digital progress will be more rapid in the future
This is because of following reasons:
1) People from good economic countries have good amount of money to spend. That is why they are able to buy and hold good amount of bitcoins or other coins.
2) It also has to do with the awareness level of people. People in these countries are more aware and thus invest in this new technology.
1) People from good economic countries have good amount of money to spend. That is why they are able to buy and hold good amount of bitcoins or other coins.
2) It also has to do with the awareness level of people. People in these countries are more aware and thus invest in this new technology.
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