Bitcoin Forum
July 01, 2024, 11:25:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2]
21  Economy / Economics / Re: bitcoin in developing countries on: July 30, 2018, 04:08:06 PM
What I see from the research perspective, Bitcoin and other Cryptocurrencies are more popular in developing countries. It is because people are more inclined to participate in the bubbles due to low financial literacy (nothing bad about bitcoin but the majority of people came in the highly speculative market conditions) or because they simply don't have access to the stock market. Despite lower interest from the developed economies, more money flows into the digital assets from this countries simply because of they are wealthy, e.g. it is estimated that US bring 40% of ICO investments (as of Q2 2018)
Pages: « 1 [2]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!