Why most bitcoin users from good economies countries?

[ganlianshifu1]

People in economically developed countries have enough money to invest!

Economically developed country, people's thought is easy to accept BTC idea!

Many ico projects are in the developed countries!

[1714028360]

1714028360

[leavefifa]

Bitcoin users from countries with good economies outside of technology, with a lot of exposure to the Internet, with investment money ... are also in favor of the government in their own country. In some countries, due to the views of the government, they tend to closely control all aspects of economic, political, social, even some human rights. So, they prohibit the use and trading of Bitcoin. But in other developed countries, governments have more open minds. They are more concerned about the interests of the people. They have a definite consensus about people doing what they want, just not breaking the law.

[IMMBAGGA]

Bitcoin is newest and latest form of currency. Internet and knowledge about latest technology is must to use or keep or trade in bitcoin.  In Economically backwards countries most of the people struggling to earn their livelihood so they do not have resources funds or knowledge so do not know and use bitcoin.

[ambisyon]

Definitely, many bitcoin users come from the 1st world countries where  one of the reason is that people living those countries have much more capital to invest in bitcoin because they are financially stable. Unlike, from the 3rd world countries wherein half of the entire population were poor and there budget is only intended for their daily consumption and no budget to invest in crypto currency.

[chard lie]

Bitcoin is the future currency. It will use all people for the future growth and learn more information for the investment process. economy is the importance of the country

[Casmania]

Countries with good economy which belong to the 1st world country are people that has the leverage to make investments because they being paid well by the companies they are working. They can actually save much money and invest in bitcoin compared to the 3rd world countries where people are poor and cannot afford even for their daily needs.

[jrrsparkles]

Countries with good economy which belong to the 1st world country are people that has the leverage to make investments because they being paid well by the companies they are working. They can actually save much money and invest in bitcoin compared to the 3rd world countries where people are poor and cannot afford even for their daily needs.

Yes that is the simple logic behind it,the people from poor countries are struggling for their daily needs so they can't invest on these future things and the only people who have enough knowledge and money will invest on future technology and the well developed countries may have the clear idea of what is bitcoin so they are investing more.

[Dudeperfect]

There is a reason why they classify set of countries under the categories like the 1st world, 2nd world and 3rd world countries. The factors like education, infrastructure and awareness are comparatively higher in the counties from the first two classes. They have the higher advantage of exploring the opportunities due to high awareness. Bitcoin/blockchain doesn't care about geographical boundaries so each and everyone around every corner of the world has the equal chance to explore and exploit the opportunities but there should be the awareness regarding it.

[Premooooo]

Certainly bitcoin users come from developed countries because people who are rich are investing heavily in it.

[dewi91]

The big country is not always have a good economy but indeed we can't Deny if countries with the good economy are more flexible to accept new technology such as bitcoin and blockchain technology. The most of developing countries not support bitcoin because they are assume bitcoin Will give bad affect to their economy. That's also happen in my country, the government of my country prohibit bitcoin because the government thinking bitcoin have a big risky and not good for economy stabilization.

[raes]

Good economy countries have easier access to internet and beside this they can afford to invest money in bitcoin. The poor countries can not do this.

That's also the case. In developing countries, the spread of the internet isn't quite fair. Internet only exists in big cities. It can be concluded that people from big cities, they're the ones that have access to the internet. Moreover, having access to the internet doesn't guarantee they will run into bitcoin. That's the reason why mostly bitcoin users come from the well-economic countries.

[wireless1889]

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.

Having bitcoin in the country really benefits the country as a whole because the economic rate will get higher even in the individuals inside a country, the networth will be higher. Also bitcoin has a possibility of getting an investor rich so with this matter they can produce company that offers job to unemployed that will lessen the unemployment rate of a country. So bitcoin has lots if offer to a country, I can't see why countries still need to ban it.

[hasimkamal]

When a new technology is introduced, it is first introduced in developed countries. Good economies country people are aware of the technology and advancement. It also requires capital weather to trade or mine bitcoin.

[chacha66]

Basically I think all answers here are great. Poor people wont rick their savings on something they cant hold and barter for essentials.

[Notrem]

Because people that get $200 a month from their wages are not even able to buy 0.10 BTC, that is the reason of why most people is coming from first world countries, just like the US, China, and a lot of other countries.

[Heartbreakeren]

It all boils down to education. If people don’t know about it, they won’t use it.

[hcoin01]

What is the maximum price of bitcoin? 20k.
Who can buy the product at this price? Not everyone can get a bitcoin at these prices.
People with high income levels are happy. Rich countries invest a lot of money. Rich people also invest a lot.

[Regenmacher]

There are lots hype, money, rich people and plenty of services in developed countries. In third-world cointries you still can't pay with credit card anywhere, so BTC isn't supposed to be very popular there, they need thungs that work right now and not in years

[kyucryp]

I think because most of the population in developed countries already have internet access and electronic equipment. And technology education in the country already exists and the majority of the population is willing to learn to use the technology. And because the country's economy is good, its inhabitants are able to buy everything it needs to buy tools that are made the means to manage bitcoin. For example the required tools are PC or internet network.

[Fortified]

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.

That is true because Bitcoin transaction needs internet connection and in the poor country or third world country has a very slow internet connection and most of the people living in the poor country have no access in the internet but nevertheless there are few people who are able to get involve in cryptocurrency .