Bitcoin ATM is not the right thing on basing the number of bitcoin investors in one country. There is more of a business adaptation and fundamental mental state of the businessman within. Also culture have to do with it, conservative and religious that is mandated by society we belong.
Bitcoin investing is not a typical stock market clone that you badly need big money to part of, its value base on faith and trust. Economic ranking won’t be relatively the same on bitcoin statistics.
Topic: Why Most Bitcoin Users From Good Economies Countries? - page 2. (Read 210 times)
Because of the great country and the good economy whose people are very well informed about the economy, they know about the economic stastism, they understand about foreign exchange trading and even manage the crypto money, so to me it is not strange that people from a country with a good economy precisely who knows about cryptocurrency.
Yes, it is entirely possible.
With the deployment of lightning network, the speed of bitcoin transfer will be greatly accelerated.
With the deployment of lightning network, the speed of bitcoin transfer will be greatly accelerated.
Progress of a country indeed I think much influence polo public thinking about the development of the times and technology, and it is true with what you say, we should follow many ways of thinking developed countries.
Most of the bitcoin users are concentrated in North America, Europe and East Asia. In these developed areas, network facilities and cultural level are relatively high. These conditions are conducive to quick understanding of block chain technology. In some backward areas, there may be no Internet. They don't even know what bitcoin is.
It's because good economic country is much advance than third world country it give them a lot of opportunities, while in underdeveloped country the incomes are just sufficient to survive. They don't have extra income for this kind of investment. And also they don't even what is bitcoin.
because a country with a good economy will know much of the development of the world economy. including economic developments such as bitcoin.
Because of underdeveloped countries, their living standards and incomes are sufficient to survive, and they do not even have the internet and they do not even know what Bitcoin is.
So most BTC users are in developing countries
So most BTC users are in developing countries
That is because the understanding of people in developed and developing countries is very different, in developed countries are very concerned about the development of the times and technology and also investment for their future later and the government also always support their people's activities in terms of knowledge development.
It is true that bitcoin is much owned by a country that has a good or advanced economy, I think because of the awareness of the future and also the knowledge of modern technology, we must follow the development so as not to be left behind by the times.
Because the people in these countries have disposable income to be throwing into bitcoin, we have the money to be able to pretty much gamble on making some extra cash and speculating on bitcoin. Also, we have the institutions that are supporting bitcoin/selling -- such as Coinbase, Kraken, Bitfinex, etc. These aren't usually present in poorer nations due to the fact that the demand isn't really there for them.
So yeah, pretty simple reason.
So yeah, pretty simple reason.
because the purchase price and also a high among top suitable for buy bitcoin and countries with good economy because developing countries are difficult to understand about the bitcoin.
Most of the bitcoin users are concentrated in North America, Europe and East Asia. In these developed areas, network facilities and cultural level are relatively high. These conditions are conducive to quick understanding of block chain technology. In some backward areas, there may be no Internet. They don't even know what bitcoin is.
I think you should provide good basis on this. You can list specifically the countries that you acknowledge as countries with good economic status and a reference that most users are from there. In my own point of view, it go the other way around since if poor countries heard that they can make money from cryptos, for sure they will be embracing the technology without initial information. Massive population can jump in and spamming and shit posting or the greedy ones can find ways to scam others just to get in like for example the robbery case.
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.
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