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Author Topic: Why most bitcoin users from good economies countries?  (Read 35271 times)
wasaisisisi
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May 15, 2018, 01:26:41 AM
 #181

I think the good state of how the mind works will be more to make money and while the poor country I think by looking for food just how hard they want to use bitcoin. Since the country in that poor country also has no news about bitcoin, I'm sure of that.
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May 15, 2018, 05:00:53 AM
 #182

You just answer your question. It's because they are living in a country with good economy. People who lives in a poor country tends to think what will they eat for the whole day first, so how can they care about bitcoin when they can't afford even the basic necessity of life? and that's make me sad. The fact that you want to become successful yet you don't have any means. I hope there is an existing group that will let them lend some bitcoins to start with then they will pay it one day ..
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May 15, 2018, 05:32:23 AM
 #183

they are developed countries with advanced technology infrastructure, they have tools to support creating ATM Bitcoin everywhere.
On the other hand, developing countries have bigger problems than trying to incorporate BTC into society, hunger, lack of technological advances and low economy, They need to address this issue.
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May 15, 2018, 05:45:14 AM
 #184

What about the country of philippines? we filipinos are good at economics.  One example is when you browse the economics board of bitcointalk, you can see that most active users are from the country of the philippines. Not only on economics but also on politics and society too.

I also think that way, growth of bitcoin atm in big country is very much and can not be calculated. Bitcoin is an attraction for large countries especially in America, this is very good because bitcoin will continue to developing

It is still possible for it to be calculated as long as someone can do a survey for anyone who uses bitcoin. U.s is not also a big country but it is good to see that they got the most number of bitcoin users when compared to other parts of the country.

There are a lot of countries in the world with a good economy and not only the country of philippines, Even if you say that the majority of active users are from the philippines it doesn't mean that it has a good economy.

How did you know that United States is not a big country? Do you have any proof that United States is not a big country? Are you trying to troll people in here? If you search on google it shows that United states is at the top 3 rank of the biggest countries in the world.  Grin
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May 15, 2018, 10:57:36 AM
 #185

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

so with a good internet connection, I think every people can exploring much information including to search about bitcoin and once they find about bitcoin, they will try to earn like what other people did. and as far as I know, the good economic countries have a good internet connection which will give the opportunity to the people to search what they want and they can be able to search more information about bitcoin. and if the other countries don't have a good internet, then like you said, they will not be able to search many things related with bitcoin.

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May 15, 2018, 11:14:01 AM
 #186

Maybe because they prioritize what is needed in their country and any nation who barely struggling in their economic status are hardly able to compete to other country who are already in good condition and is now advancing in terms of technologies, they can avail to have bitcoin in them..but given a chance they can also succeed as other does

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May 15, 2018, 11:57:43 AM
 #187

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.



Because they are more capable than those with low economy countries. When you are rich, you can sustain funds and capitals for their investment. Having more capital offers more opportunity, hence they are the ones that might be be willing to invest their money, time and effort because they are also the ones who are well-benefited. And also, they have fast internet, which also a great factor to consider since cryptos are internet-based.

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May 15, 2018, 12:04:17 PM
 #188

Cause they have a good economic condition to use Bitcoin or invest on it simple. Look Bitcoin is not a cheap item, its expensive and luxurious as well. Research produced by Cambridge University concluded this year that there are between 2.9 million and 5.8 million unique users actively using a cryptocurrency wallet. 
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May 15, 2018, 12:26:36 PM
 #189


I very much hope that bitcoin will go in better development, and will be distributed everywhere.
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May 15, 2018, 01:32:12 PM
 #190

Most users of crypto currency are indeed from countries with a well-developed economy. This is absolutely natural, since in order to use the crypto currency you need a good Internet, appropriate technical devices, theoretical knowledge of the crypto currency, and certain practical skills. People with a weak economy and a low level of knowledge about the crypto currency can not afford this.
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yes that is true.although low earner wanted to have good technolgy it is hard for them to do so because they  lack money to buy


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May 15, 2018, 01:38:15 PM
 #191

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 my opinion it is because easier for developed countries with all its facility in particular internet access, while compared to less developed countries interet sometimes is still a luxury needs,
Other than that, not i every country you can find crypto exchange that makes it even more difficult to cash out their digital asset

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May 15, 2018, 05:07:49 PM
 #192

Those countries able to harness the power of information and communication technology are reaping ever more benefits of blockchain technology and bitcoin.
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May 15, 2018, 06:05:12 PM
 #193


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.
Thats right, they are not thinking about new technology and financial systems, while they are still in trouble in finding money to eat? the progress of a country also affects, if the country is poor of course internet connection or even people who have gadgets is very little, so that's why bitcoin is more widely used in developed countries
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May 15, 2018, 09:20:36 PM
 #194

The answer is in your question. You said good economy, and good economy means good life, good electricity, fast internet, more enlightened people, I can go on. In the third world countries, some of the people hardly feed themselves in a day, they don't have regular light or internet. No one from these countries in this sort of situation will think about internet not to mention bitcoin. Survival is their major outlook for the day.

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May 15, 2018, 09:36:51 PM
 #195

these users are adherents of those countries where the authorities understand that the crypto currency is a good technology development and has great potential for advancement.
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May 15, 2018, 09:45:20 PM
 #196

Because people in richer countries have better access to more advanced technology and more Bitcoin ATM's and similar stuff. You can't expect more users to be from Africa or poor parts of Asia or Europe. America is the richest country and that's why most users are from there. But even people from poor countries still can use Bitcoin and use the benefits.

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May 15, 2018, 10:25:25 PM
 #197

Of course ... why only people with a good economy use bitcoin .. the answer is because it has a lot of money and has support tools, like internet and laptop. if people are economically bad, let alone buying laptops for everyday eating just confused.
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May 15, 2018, 10:40:53 PM
 #198

Because people in richer countries have better access to more advanced technology and more Bitcoin ATM's and similar stuff. You can't expect more users to be from Africa or poor parts of Asia or Europe. America is the richest country and that's why most users are from there. But even people from poor countries still can use Bitcoin and use the benefits.
It's because they have the funds to actually invest in bitcoins. Whereas in the developing countries like in Africa, people sometimes don't have money to feed themselves how much more invest into cryptos.
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May 15, 2018, 11:49:06 PM
 #199

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.




They have lots of money to invest with bitcoin unlike with some countries,  like on my part,  i invested a small capital and doing all that i can do to earn more. 

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May 15, 2018, 11:51:54 PM
 #200

It's because they have the funds to actually invest in bitcoins. Whereas in the developing countries like in Africa, people sometimes don't have money to feed themselves how much more invest into cryptos.
This is why the poor becomes poorer and the rich becomes richer.

Instead of thinking to invest, their mindsets are being focused on what they should eat for this day and the money they'll invest will go to the food instead.

Also they are not open to investments and they don't like taking risks while people who are living in good economy country knows how to deal with risk.

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