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Author Topic: Why most bitcoin users from good economies countries?  (Read 35271 times)
soraxas01
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May 22, 2018, 03:11:05 PM
 #221

More developed countries tend to have more bitcoin users because of what you may call economic problems. recall there are memes that state third world problems to first world problems. Although ti may be a joke it is a depiction of what problems do people experience at different countries.
doomloop
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May 22, 2018, 03:26:36 PM
 #222

Bitcoin users often come from developed countries by the society in which they live, giving them a positive perception of Bitcoin. After all, the remarkable benefits of Bitcoin have given them confidence in Bitcoin's role in the Cryptocurrency market, recognizing the value of Bitcoin. And they enjoy the positive benefits of Bitcoin because they are the fastest.
yes in developed country every facilities are available for their peoples and government want benefit for their peoples they can easily buy the mining machine and mine digital currency because of availability  of electricity and technological assets. they are full secure by county government. that's why they  are inter first and secure. and the  undeveloped countries peoples have  faced many problems to reached digital currency they have lack of technology, electricity and hacks can easily hack their exchange and they cannot do any thing.   

Moblie_Legend
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May 22, 2018, 03:57:33 PM
 #223

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.



of course very grateful investors whose countries they receive with good crypto currency especially bitcoin, in my country bitcoin still prohibited to conduct transactions directly
brengoskandel
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May 22, 2018, 04:07:29 PM
 #224

Because of the factor of information and the internet, in a prosperous country it is certainly very easy to get any information, besides that most developed countries give freedom to the people rather than many poor rule countries.
Ravenangel
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May 22, 2018, 04:10:55 PM
Last edit: May 24, 2018, 05:18:48 PM by Ravenangel
 #225

The economically advanced countries are the ones daring enough to try out and explore into new areas.Bitcoin s still a new venture and few are wiling to try it out, economically table countries are stable enough to take the risks a their economies can afford it. The countries perfoming well economicaly are thre because of the risks its people took in both technology and business, the same applies to crypto. it needs risk taking to make it big in the industry, and most huge risk takers are from these countries

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soplo
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May 22, 2018, 04:40:50 PM
 #226

it is true what happens to certain people who can learn bitcoin and can have it but i found many things with the development of electronics today many of the lower classes also know the system well and many of them who already understand even feel have bitcoin and this happened in my country they are very enthusiastic in learning and understanding the system and they succeed with bitcoin.
MakLampir
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May 22, 2018, 04:46:32 PM
 #227

You need electricity and constant internet connection for cryptocurrencies to work. People in poor countries like Ghana, Afganistan, Nigeria etc didn't have a full day access to electricity, forget about internet. In a country like these bitcoins are of no use. One can't possibly make use of bitcoins in these countries as they don't have any stores or online websites which accepts bitcoins.
And there are some hurricane-ravished regions around the world like Puerto Rico where 97% of population has no access to power and internet. In a country like this, cash is the only option for trade.
Rustamm
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May 22, 2018, 05:01:36 PM
 #228

You give statistics on the use of ATMs for bitcoins. This does not reflect the number of users of bitcoin in all countries. ATMs of bitcoins are installed, as a rule, in large industrial centers, and, as a rule, in countries with high incomes of citizens. ATMs are one of the ways to use bitcoin, and it's far from the most basic and not so large in volume. In some countries, ATMs are not used at all, but this does not mean that bitcoin is not used in these countries at all.
NeverSop
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May 23, 2018, 04:01:28 AM
 #229

Most developed countries use bitcoin. Because bitcoin meets the needs of today's human development. They saw the benefits of early bitcoins. Using bitcoin helps their economy grow. I think developing countries should study in developed countries to develop.

CuteBaby123
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May 23, 2018, 04:06:10 AM
 #230

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.




These countries with good economy are also supportive of bitcoin because they are open-minded to the idea of bitcoin. They see bitcoin as an advantage to their economies and their people rather than negative one. Likewise, these countries are more open to investment in bitcoin because they are gaining profit from it.

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Tatars kun
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May 23, 2018, 05:07:34 AM
 #231

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.
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May 23, 2018, 09:19:46 AM
 #232

The funny statisticks say that most of bounty hunters are from Russia, Ukrain and etc. Investors are from developing like USA, France
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May 23, 2018, 09:24:33 AM
 #233

Maybe it because they have good source of internet like free public wifi. In our country philippines didnt have free wifi. Thats why we are late on crypto. But we are try hard to catch up what we missed
Titonioii
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May 23, 2018, 09:25:39 AM
 #234

If you couldn't even eat a meal, would you worry about how much bitcoin or how much of a cryptocurrency you have? Bitcoin is an internet economy.
Kytanylu
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May 23, 2018, 09:27:27 AM
 #235

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.
ALI AKBAR
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May 23, 2018, 05:00:23 PM
 #236

I think most of the investors in the world are from good economic countries. Most of the crypto currency users are from the consolidated economics countries. You need your advanced internet to use it correctly. That's why you have some theoretical knowledge, and some practical skills are important. Because countries of weak economy can not carry it.
dogandogru
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May 24, 2018, 12:24:42 PM
 #237

That’s quite obvious I think. The people of good economies are obviously financially well enough. They are more educated and more open to investments and willing to adopt and try newer technologies. On the other hand, people of poor economies are not well educated. Also the poverty level in such countries is quite high. People don’t have access to better standard of living, how can we accept them to invest in Bitcoin.
Sir Paijoe
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May 24, 2018, 12:58:49 PM
 #238

Which we should know and understand is that bitcoins can be used with internet access, and almost every corner of the developed world can connect to the internet even for free, and this is different in poor countries because it is very difficult to get internet access.

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Mr.Dick
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May 24, 2018, 01:08:20 PM
 #239

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.




isn't bitcoin especially interesting to people in such countries in which the own currency is not stable enough? just wondering..

zhekinsp
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May 24, 2018, 01:10:24 PM
 #240

Bitcoin is the most expensive crypto so it can't be bought poor people,but not all the crypto currencies are from developed countries.Now crypto currencies are spreading into the developing countries and third world countries too.

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