alex_gr_cc
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May 14, 2018, 01:11:40 PM |
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There are reasons for this. Residents of rich countries are more educated, they are better versed in technology and investment. In addition, they have the money to buy bitcoin and other cryptocurrencies.
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kuckong
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May 14, 2018, 01:29:09 PM |
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in my opinion, because in countries with good economies, public education about technology in the country is also very good. in contrast to countries with less economies. to buy existing technological tools, sometimes it is still difficult for people in economically disadvantaged countries. even for internet access in a country with a poor economy, may still be difficult. while today's technology is in desperate need of the internet.
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tikaka
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May 14, 2018, 01:51:57 PM |
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of course . countries with good economy , people in their countries have a better life. They have more opportunities to exposure with modern technology and their government encourages people to invest in bitcoin. They certainly can not ignore the bitcoin these a good opportunity to bring more profit have they. In contrast, governments in less country developed economies. They are concerned that the bitcoin issues will affect their country by its negative effects
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kucritt
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May 14, 2018, 02:08:59 PM |
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i think peoples from the good economic country are open minded, its mean that they want to accept new techonologies, which is its a good habits that makes want to know about the new in tech and economics, so it makes the bitcoin users is most come from the good ecnomonics currencies
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Sinecoin
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May 14, 2018, 04:39:24 PM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FpgqaTer.jpg&t=665&c=-0r5L48HGOUqQg) Its actually a quite simple reason to why more economically well of countries buy bitcoin and that is because people in those countries have more disposable income. You cant really expect someone in a 3rd world country, who can barely put food on the table to go out and buy bitcoin. Its just not realistic for them. But in countries like the U.S there are many people who are doing well financially and can take the risk of buying bitcoin.
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gaurav82
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May 14, 2018, 04:50:11 PM |
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There are some reason like: 1. There is income is low of people so they can't think for further investment. 2. There is people are less educate so they have not awareness. 3. Bitcoin is risky investment. And they are not able to bear loss. They mostly go for fixed return. 4. Less use of computer and internet is also reason.
And others.
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freetokens
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May 14, 2018, 07:20:23 PM |
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Bitcoin users are from developed countries which shows positive trend towards the crypto world.People who can afford to invest in crypto currencies from Europe, US , Aus, few countries in Asia and Africa are investing based on their financial earnings and commitments . People have enough from developed countries from their savings are trying to trade with bitcoin and other crypto currencies.
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wtbhitlv
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May 14, 2018, 07:26:27 PM |
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We see most of the users in the United States, the economic good countries have a special advantage in the dissemination of Internet infrastructure and information. We all know that there are many countries in the world that have no Internet in the backward areas, and they have no social media such as FB and twitter.
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cmacwiz
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May 14, 2018, 07:29:40 PM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FpgqaTer.jpg&t=665&c=-0r5L48HGOUqQg) Comparing bitcoin ATM growth is not a reliable indicator of calculating the number of bitcoin users throughout the world as bitcoin ATM can only be afforded by the big companies and also which is mostly possible in the developed good economic countries, so that's the reason that imagining the number of bitcoin users on the basis of the Bitcoin ATM machines installed in the country is a pretty bad idea.
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longwintershere
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May 14, 2018, 07:30:04 PM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FpgqaTer.jpg&t=665&c=-0r5L48HGOUqQg) because people from countries where education is better can come to know and understand bitcoin. People in developing countries have much different troubles in their lives
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Rana590
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May 14, 2018, 07:37:29 PM |
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Here we can find many reasons for it. Most of the richest people are caring about bitcoin because in those countries, telecommunication and other systems available, safe and easy. People who live hand to mouth are not able to care about bitcoin.
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callmeback
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May 14, 2018, 08:08:28 PM |
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Its simple because that country can support there economy and support there country. People have enough from developed countries from their savings are trying to trade with bitcoin and other crypto currencies. But for me if we are a visionary person then we can get better results, even though we only have a little money then we can generate more profits. Someone who is confident can get what they want even with various limitations. governments in less country developed economies. They are concerned that the bitcoin issues will affect their country by its negative effects.
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melonim87
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May 14, 2018, 08:09:07 PM |
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hi guys
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May 14, 2018, 08:34:41 PM |
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Most bitcoin users are from countries with good economies because these are the countries daring enough to try out a new and promising technology especially in the FINTCECH. look at Japan, Germany, USA, have very strong economies, Poor countries on the other hand are merely a joystick being controlled by tyre bigger economies they depend on it
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BTC_BTC
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May 14, 2018, 09:00:23 PM |
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Almost everyone in the country is technologically advanced. Internet access there is also easy. in contrast to developing countries, that even the inhabitants do not know about ATMs, the Internet, and even the crypto world. This is because people in developing countries find it difficult to get an education, so it will be difficult for the elderly to join the crypto world.
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andisuk
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May 14, 2018, 11:32:08 PM |
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Most bitcoin users are from countries with good economies because these are the countries daring enough to try out a new and promising technology especially in the FINTCECH. look at Japan, Germany, USA, have very strong economies, Poor countries on the other hand are merely a joystick being controlled by tyre bigger economies they depend on it
bitcoin or cryptocurrency is something that is individually independent of any such governmental frills and the control of bitcoin can not be done by the government because it is not the right he even though the Japanese state though
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15putriutami
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May 14, 2018, 11:40:07 PM |
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Maybe in a poor country they just think about how they can eat for tomorrow. Because if we want to earn money in bitcoin must be patient because the process to get the bitcoin it takes time. And that may be the reason why poor countries do not use bitcoin because they need money as soon as possible.
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jhonnydeep87
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May 15, 2018, 12:31:40 AM |
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Our country has an internet connection that is so slow, we can not access as fast as the neighboring country connection, we can not explore what we want because of the limited internet connection. We also want to do more research but are sometimes hampered by technology. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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luisdvmd25
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May 15, 2018, 12:39:20 AM |
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What's most astounding really is how low those figures are - if you were to compare those per head of population, then it shows how few Bitcoin ATMs there are. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Chanock
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May 15, 2018, 12:57:15 AM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FpgqaTer.jpg&t=665&c=-0r5L48HGOUqQg) Those countries with good economies have most bitcoin users because those people who live there are open-minded to accept technological advancement and they have the capability to go with the flow of it. Every people there are exposed to gadgets and access on the internet so they are updated with the new approach in technology, they will easily understand the concept of blockchain technology and bitcoin compared to third class countries where very few people have the access on the internet and understand the blockchain technology. Since their country has a good economy, people live there have more than enough income to sustain their family needs so they can save money where they can put in an investment as bitcoin. On the contrary, almost all people who live in the third class country earn just enough to sustain their family needs. Some of them earn insufficiently to sustain their needs so, investing in bitcoin is not their priority.
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