And everyone knows the current price of Bitcoin, $ 4000, is a very big price for poor countries with mediocre income, unlike countries with higher currencies, such as: America, Canada, Australia etc.,
This is something that can be reached by Bitcoin users with a decent income, unlike the case with poor countries, so it is only natural for developing countries to become the biggest Bitcoin users.
Topic: Why most bitcoin users from good economies countries? - page 9. (Read 35267 times)
Often the influence of cryptocurrencies is related to the educational popularity of social citizens. Encrypted currency is usually only knowledgeable to believe it, and it is very difficult for ordinary people to understand such a coin. Therefore, developed countries support more cryptocurrencies, which is a true free currency.
For me, I think it is because their population and most of the people there have money to buy and invest in Bitcoin. They are not afraid to take risk because they have a lot of money.
That can happen because the country has good technology and a lot of technology users. Everyone can make money on the internet without working in the office.
Because most people from these countries understand that cryptocurrencies have a huge prospect. They appreciated the idea and believed in it. I think this is due to the fact that most people in such countries are very literate economically.
People in a country with a good economy have better financial ability and ability to understand. The backward countries usually have a backward financial system, and they are aware that there are very few people who are aware of the future of cryptocurrencies.
Because people in more developed countries are more intelligent and have more opportunities, experiences and knowledge in the field of economics, they see that bitcoin is a promising currency or a good contribution to the future.
bitcoin or crypto currency was created using the development of technology and times and developing countries that want to accept these developments and of course the development is profitable
Bitcoin ATM growth cannot be the yardstick to measure the growth of bitcoin in each country, Bitcoin is a decentralized digital currency that it usage does not depend on ATM.
good economy country do have extra cash to invest in bitcoin. the point of entry is relatively lower for them. provide good internet and infrastructure, investor is well informed and information is faster to reach them. no surprise, most of the investor are from developed country.
Because BTC is strong when people are aware from that specific country, for example, Japan is a good example why BTC is strong there, its because that the citizens around Japan are very much aware and are knowledgeable about BTC and that is why BTC is strong in some countries that has an uprising economy.
This is an open secret because all those who invested in Bitcoin initially in the start were majority from America and this is why the largest number of investors in Bitcoin is from US. So this is the reason because they had financial resources.Yes, it is evident. Their salaries are high, and they are also more open to everything new. People that live in the counties with good economy feel that they are financially protected.
Because BTC is strong when people are aware from that specific country, for example, Japan is a good example why BTC is strong there, its because that the citizens around Japan are very much aware and are knowledgeable about BTC and that is why BTC is strong in some countries that has an uprising economy.
This is an open secret because all those who invested in Bitcoin initially in the start were majority from America and this is why the largest number of investors in Bitcoin is from US. So this is the reason because they had financial resources.True. Just compare the average salaries of the Americans with the salaries of the people living in other countries (even in Europe). The USA citizens simply have some "free" money to spend it on Bitcoin.
The more advanced countries are likely to have more bitcoin users due to their higher level of exposure and access to technology. What drives bitcoin adoption is availability of steady power and internet facilities. That is what the listed countries have in abundance.
Because BTC is strong when people are aware from that specific country, for example, Japan is a good example why BTC is strong there, its because that the citizens around Japan are very much aware and are knowledgeable about BTC and that is why BTC is strong in some countries that has an uprising economy.
This is an open secret because all those who invested in Bitcoin initially in the start were majority from America and this is why the largest number of investors in Bitcoin is from US. So this is the reason because they had financial resources. The undereveloped countries are also countries that have less or not many infrastructures to build and mine for example. Most of these countries users might also have loan debts, so they are in some way entangled with the banking systems. Some places you dont even get enough electricity, so how can you make an transaction of BTC? Unfortunately knowledge doesnt reach equally in this countries, because you see people with no, or less sources.
Yes, there are also many undeveloped countries, which do not have networks there, such as electricity, internet, and other needs, but also need to be evacuated, so that undeveloped countries can also do the same work as us, by sending assistance from the government in their own country.
the progress of a country in line with the progress of its technology , so yeah it's no wonder that most bitcoin users are from good economies countries
In fact, you can not base your opinion on people's interest in Bitcoin on data on the number of Bitcoin ATMs in a country, because in less economically developed countries people also use Bitcoin and in some cases no less than, for example, USA or Canada, in which ATM's are more than other countries. Many people use Bitcoin only on the Internet and have never used Bitcoin ATM ever. Moreover, this schedule would be more correct to do, for example, indicating the ratio of Bitcoin ATM to the country's population, because the USA population has 325 million people, and in Austria there are 8.7 million people. It turns out in the USA 1 Bitcoin ATM for 586 thousand people. In Austria, exactly the same indicator - 1 Bitcoin ATM for 580 thousand people.
yes, indeed most bitcoin users are from countries with good economies. a country with a good economy, we can be sure that the people in that country have a higher level of education than the economically disadvantaged countries. and it can be ascertained that everyone in a good economic country, the majority can already use technology and they master the science of technology. but I am sure, the more time bitcoin will grow and bitcoin will be used by all countries. and not only used by countries with good economies.
right, with high education, it produces superior human resources, so that they are at the forefront of a technological development, besides that indeed with high human resources of course their economic life is already established 
Do you realy think people from country where they cant find food to eat would come and buy bitcoin ?yep most users are from USA and its normal,dont think anyone from country where is war or was war for example from Syria would buy BTC.
Interesting information. I really didn't know the USA is on the first place and here too! I thought it is some of Asian countries like China or Japan who usually on the first place in technological field.
To me it is really surprisingly to see developed and rich countries on the top of the list about bitcoin's use, my logic is saying that it should be poor countries with high population and super small salaries. But the facts are clear on the graphic. Probably people from the US have more money for crypto investments and politic about crypto currencies is not so rough like for example in Bangladesh where you can go in a jail for use of cryptos.
To me it is really surprisingly to see developed and rich countries on the top of the list about bitcoin's use, my logic is saying that it should be poor countries with high population and super small salaries. But the facts are clear on the graphic. Probably people from the US have more money for crypto investments and politic about crypto currencies is not so rough like for example in Bangladesh where you can go in a jail for use of cryptos.
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