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Author Topic: Why most bitcoin users from good economies countries?  (Read 35271 times)
Dmtriiltc
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May 24, 2018, 01:13:24 PM
 #241

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.




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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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mackenzie5
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May 24, 2018, 01:30:13 PM
 #242

Most of the bitcoin users are from  economically developed countries, It means the people from the above countries are living with the minimum required standard such as food shelter education with the modern amenities For a country  with  an average required education to the people that is the prime requirement for the country to the path of their development  Here the development depends on the utilization of the technology ,the economically developed countries people are mostly capable of handling the modern technology with the computer literacy..
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May 24, 2018, 01:44:05 PM
 #243

You don't expect individuals from poor nations where they don't have a remark to think about bitcoin. Isn't that right? The ATMs additionally amounts to nothing If we take china for instance, they were overwhelming the market yet no ATM there, same thing applies for Korea and Japan. Germany comes soon after the U.S with regards to the Darknet illicit medications postings where bitcoin is being utilized so for what reason not ATMs? This is a result of the controls. I could list a couple of nations that you would consider as underdeveloped nation ,have no ATMs, no trades and still have more bitcoiners then a portion of the nations you recorded. As it were, the ATMs don't speak to the client base by any means.
inesterdd
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May 24, 2018, 01:58:53 PM
 #244

Probably this is due to advanced technologies and financial capabilities ...
Not everyone can afford to buy bitcoin, someone has a monthly salary of $ 10 and someone earns $ 10 per day!
fivecoin.bd
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May 24, 2018, 02:01:24 PM
 #245

Bitcoin is a international currency. Any countries people can use it. But there clear that the reach country are mostly use bitcoin. If you want to use bitcoin at fast you have to be educated and be smart. Most of reach county's have lot of educated people. So they can use bitcoin. It is easier for them. Cool
Dod Ong
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May 24, 2018, 02:02:49 PM
 #246

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.




I think most of the bitcoin users are from good economies countries because they support the bitcoin. Any countries that supports the bitcoin, their economy in their country is greater than other country that do not support the bitcoin. The bitcoin is very powerful so I think if all of the country are using or supporting bitcoin, no one are experiencing poverty.
Timere
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May 24, 2018, 02:04:23 PM
 #247

It's logical, smart people = good economy = many users of bitcoin = smart people. Everything is logical more than
german1080
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May 24, 2018, 02:05:55 PM
 #248

the use of bitcoin is increasing slowly this year due to all the regulations implemented by governments, but within the next 5 years we will have a massive adoption
Mbah Djoko
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May 24, 2018, 02:10:16 PM
 #249

The main reason is certainly education, we all know that bitcoin is not easy to understand so it can only be used for those who come from developed countries and difficult to accept in developing countries.

great
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May 24, 2018, 02:13:15 PM
 #250

Right! Most of the participants in the bitcoin investment come from countries with strong economies. Because bitcoin needs high capital and bitcoin transactions are usually transactions with large amounts of money. Economically strong promotes bitcoin market development if they do not have capital to invest.
todiefor17
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May 24, 2018, 04:12:30 PM
 #251

I think but Bitcoin users from countries with good economy are mostly by. Their knowledge may be higher, they are aware of Bitcoin is the opportunity to make money, where to satisfy their investment needs without fear of noise or public opinion.

Grayy
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May 25, 2018, 01:56:25 AM
 #252

Mostly people from these countries have a good education and are therefore able to comprehend how bitcoin works. Aside that they also have good minimum wages in the aforementioned countries making people from these countries likely to invest in crypto mostly with their spare money.
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May 25, 2018, 02:06:11 AM
 #253

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.




in poor countries its risky to install ATMs as they are risky to maintain, with their crime levels. etc.

djmixen
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May 25, 2018, 02:14:18 AM
 #254

Well, like what you said, they are good economies countries, that is why many people around their society are in bitcoin because they know how bitcoin helps on their economy and bitcoin has a big help also, not just for the users of bitcoin but for their economy where they live.
palvinta
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May 25, 2018, 02:50:26 AM
 #255

Yes, of course, most of the Bitcoin users are from good economic countries because the country is easy to accept technology like Bitcoin. Not too thinking about the risk that will happen later, which is important people can live better because of Bitcoin. Countries like this should be good examples of other countries that do not believe in Bitcoin. Maybe the next few years Bitcoin ATM growth will be more and more because Bitcoin interest is also more and more.
sukma2013
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May 25, 2018, 03:21:55 AM
 #256

the main reason is that education is further enhanced by the country, so that its people better understand the knowledge in the field of advanced technology that can give their lives much smarter than others.
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May 25, 2018, 03:38:21 AM
 #257

I am not sure but I think a country with a good economy also has human resources and the development of science and technology is good too. So their way of thinking is of course also different. The community will also be able and ready to use existing technology in bitcoin.

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MahalQu2612
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May 25, 2018, 06:34:03 AM
 #258

Countries with great economies has the most Bitcoin users because they have the resources to do so. They're well off countries so they have much more privileges than countries that doesn't have good economy. These countries have better access to anything and especially in technology. They have better internet compared to other 3rd world countries which means they can access Bitcoin. Also they can the capability to do so because the people there are well off and can be users of Bitcoin.
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May 25, 2018, 06:40:26 AM
 #259

I think it is because those big countries with good economy, they have the resources and money to buy the equipment to mine bitcoin or just to buy bitcoins. They are open minded about the change that is happening to our financial system and they are willing to venture. That is why they are becoming richer and richer, they are willing to take the risks.
loof99
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May 25, 2018, 05:26:54 PM
 #260

For me The reason why most bitcoin users from good economies countries
because they are open minded person in the terms of business and they are also a risks takers that can accept what will be might happen to there decision that they  make and do.
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