Why most bitcoin users from good economies countries?

[Nensidru]

Well, this is not surprising. People who have a good wealth, can afford to invest (invest) in the project / coin without fear of losing something. This is how it happens.

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[playboy654]

Not like that most of the Bitcoin uses will came from the good knowledge country but there are also lots of people from all over the world to work for his investment in Crypto field so we cannot judge the economical situation will decide a person to involve in cryptocurrency field.

[Janation]

Well, this is not surprising. People who have a good wealth, can afford to invest (invest) in the project / coin without fear of losing something. This is how it happens.

You are saying this like they are just wasting their money.

They are investors, they don't invest on projects or coins just because they want to. They risk their money on these projects because they know they have the chance of earning money. They know the risk there, they are risking their money and they are not that kind of investor that just let their money up even if they lose. They invest to earn not because they want to.

[shoreno]

i came from a country that does not have a good economy but i saw how people slowly embrace bitcoin . today there are now over 55% bitcoin users here and the number is still growing .

Why most bitcoin users from good economies countries?

because people on those country are wealthy . they have enough money to try riskier investments such as bitcoin  .

Well, this is not surprising. People who have a good wealth, can afford to invest (invest) in the project / coin without fear of losing something. This is how it happens.

You are saying this like they are just wasting their money.

no they are not . investing is an act of buying and waiting for the result if you can earn or not  . investing is not about throwing your money or donating it to someone else  . those first investers are lucky because bitcoin became a succesor  .

[Pattart]

Countries with good economies usually have developed financial industries. There are many investors in the developed financial sector. The investment community has been popular for decades. From the stock market to real estate, there are a large number of investors entering, so the developed countries are more likely to accept bitcoin.

Infrasructure communication in developed countries has been very smooth so that the speed of the internet has been very supportive for the use of bitcoin, in contrast to developing countries where internet speed is very alarming.
Besides that the level of education of the people is already high so that bitcoin transactions that use android devices or computers are not an obstacle.
The last is that their capital ownership has been established so that when running a bitcoin transaction there is no mental pressure.

Even in developing countries, the internet is an expensive and rare item there. of course a country's technological development
is also very influential. compare developed countries like US, japan, etc, of course they have many crypto users..

[RokokGudangGaram]

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.

Related to the topic, i guess the people in from the developed countries don't have the same problems like corruption, food, clean water and so on. Perhaps Bitcoin is the chance for all of us to be more developed, intelligent and civilised.

it's true that with the existence of bitcoin it is our opportunity to change better than life which is all difficult for us to have, because there are already so many people living well because of the results of bitcoin which it gets promising

[nur rochid]

Not like that most of the Bitcoin uses will came from the good knowledge country but there are also lots of people from all over the world to work for his investment in Crypto field so we cannot judge the economical situation will decide a person to involve in cryptocurrency field.

indeed developed countries are synonymous with good human resources, especially with good government support, making bitcoin easy to develop in the country

[supine]

How can you expect a third world country to lead when it comes to cryprocurrency investment. Ofcourse, countries with good economy are the first one to learn and take advantage of cryptocurrency. How would you expect a third world country to get involved with crypto as early as it was out.

[bitcoin31]

Number 1 is the united states of the America because america is one of the rich country in the whole world so the citizen there are very rich so they will invest a lot of money and a lot of contribute to the bitcoin community. But every country in the whole world is very important it can help to grow our community to become more popular to the online world. I hope somday my country will be in the list but the economy is not good.

[rosepetals]

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.

Countries that have good economy are very productive and people can afford to adopt cryptocurrency.Mining is expensive,and being involve in a blockchain technology needs alot of study and these countries have the capabilities to do it.While other poor countries has less knowledge on how it works and most countries prohibit bitcoins usage,means that the were not willing to risk their economic growth on cryptos.

[pungopete468]

Right now I think in any country if indeed there is no prohibition on the introduction of bitcoin or cryptocurrency it can be very easy. but indeed it must be true in terms of delivery. because many people actually make ponzi schemes in cryptocurrency education and that is the wrong thing

[Dessy88]

Those countries able to harness the power of information and communication technology are reaping ever more benefits of blockchain technology and bitcoin.

Crypto currencies can be created using advances and developments in technology and times and of course facilities and facilities are needed, one of which is technology and developing countries, of course the technology is also developing.

[whirlcoin]

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.

If a country developed both in social and economical status then only the people will know about the next thing what is going on here in this world so after that they are knowing about cryptocurrency and use it for their another money making waise so it came like that no one will intentionally to create this country only will the ability to invest in cryptocurrency.

[argon76]

This situation is due to the following aspects: people with low financial income simply have nothing to invest in cryptocurrency, moreover, their money goes to other more important expenses.

[Ipwich]

Those  that belong to the 3rd world countries are less to adopt bitcoin, most that are base on their resources and even the adaptation of todays technology.Good countries that are must efficient productive that been able able compete to the world are merely those are who are really been able to grab and use bitcoin.They are ready to accept new innovation of technology for they are already well-equipped and innovated.

[Adriano2010]

Well the most bitcoin users sare from countries with good economies because they can afford to invest and even if they lock the money for a long time they not worry about because they can afford a lose if something happen, and will be hard for people from 3rd world countries, because they maybe just don't afford a pc or a smartphone.

[loopes]

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.

We can't make a conclusion based on bitcoin atm growth. For now bitcoin market is dominated by chinese people and there is no bitcoin atm there. But there are so many minners. There are many bitcoin users in Indonesia, indonesia is developing country but indonesian could give contribution for Bitcoin adoption which will lead to improvement on bitcoin investment too. I think it isn't only indonesia but other small and poor countries can do the same thing, please don't underestimate people just because they are living in the poor or small country. It isn't always about purchasing power.

[Polar91]

Those  that belong to the 3rd world countries are less to adopt bitcoin, most that are base on their resources and even the adaptation of todays technology.Good countries that are must efficient productive that been able able compete to the world are merely those are who are really been able to grab and use bitcoin.They are ready to accept new innovation of technology for they are already well-equipped and innovated.

Not necessarily. Not every country that belong in third world country are less capable to adopt crypto or Bitcoin. In my country which is a third wolrd country, there are a lot of adoption of crypto here; most of them are lead by companies here. Buying smartphone here is not a big deal; even a factory worker here has their own smartphone and they are capable to pay data connection. We can't really generalize group of country in terms of economic adoption.

[Astvile]

Ofcourse cryptocurrency needs alot of resources that you must have in order to go with it,internet computer is the main ones its common to find most number of users in first class countries because they have and they can buy services like what i mention computer and internet.Third class country people still find it hard to have money for food so they cant even have money to buy neccesity in order to join cryptoworld

[Ezenwanyi]

I believe the large user base of bitcoin in developed countries could be attributed to the fact that there is access to Internet and it's affordable too.
Another factor is mentality of the people.... majority of the people who got introduced to Bitcoin in my country (under-developed)view Bitcoin to be scam while this of the developed countries see it different and then embraced the technology.