Why most bitcoin users from good economies countries?

[MaoDio]

Developed Countries allow investments in non life necessary products, the more advanced education also plays its part.

When it comes to bitcoin atms its no wonder that the US is the marketleader since the population there is widely acustomed to ATM usage so to use them for crypto related withdrawals was just the next step.

compare this to a country like laos or cambodia and you will see the difference in progression of bitcoin adaption.

[crypto_futurer]

Most users of bitcoins from countries with good economy because in such countries people quickly master new technologies and try to use them. But over time, the cryptocurrency will penetrate into smaller countries.

[ronafurw]

You said good economy countries right? 😂😂Lmao... That’s because other countries are poor and can’t afford to buy Bitcoin. Another reason can be that these people don’t know about Bitcoin, or maybe they know about but don’t fully understand what it is all about, so they see no good reason to invest in it. There are also people that just don’t have interest in Bitcoin and Cryptocurrencies. And by the way, the countries on the chart are well developed, so there are likely to be more users coming from there.

[buttonmc]

There is a big difference in peoples menthality and what is normal in wealthy countries to invest and trade, we count as a loss

[hibiscus]

Bitcoin is the first crypto currency which can be operated world wide .Most of the industrially developed countries are welcoming  bitcoin for their daily requirement out of which a very few countries are not included such as Russia ,China and India etc Bitcoin .is a new form of economy connected with the modern technology which can be transact world wide for the requirement of the people internationally. Most of the bitcoin users are from the industrially developed countries and their living and education standard will be much higher than the other countries So for  the developing countries  the common people must be educated..

[johnalyn]

why are most good bitcoin users are from good economies in some countries is because they are more active in  accessing their technology that lead them to know more about bitcoin. while in the other hands the people who not much active in technolgy do not know what is online currency. That's why more people not aware of bitcoin in how it will work to them.

[squog]

For one thing, these countries have the resources to actually have crypto currency ATMs. This means they have money left over after paying or buying stuff they need to actually build something very experimental in their economy. Besides, yhese countries havr smazing infrastructures when it comes to global communication duch as intermet and the likes.

[neliawesome]

Because people from good economy like first world country are advance in technology and had a better income or good source of living.

[Levin23]

because the understanding of the financial and investment of the population of developed countries is very good, that's what makes them more quickly know and act when there is development about the economy.

[Rosilito]

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.

Usually, simply because the flow of economic on their country is good that they do have the foundation to have this kind of stuff. Usually, those who are not bitcoin users are from bad country who first declined the crypto to get in, and used by their people. Sometimes, such acts results to a severe bad economic result and decreases the chances of having a good economic and the factors of having a good economic on their own.

[BitcoinMarketer39]

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 today that does not have a very good economy will just immediately fall if cryptocurrency will enter their area because most of the people are preferring to invest on bitcoins more than placing their money on the banks which where governments are getting their funds.

[AntonGrishko]

The countries on this list are what most people call the "first world countries", and they are highly developed countries with a developed technological infrastructure, they have the tools to support ATM creation everywhere.

[djkyno]

I think the reason is that the citizens of this developed countries are more wealthy than the people from third world countries, and this fact explain us why the most BTC investors and traders are from the rich countries. If people can't afford to buy their essential things and food, they will never think about buying Bitcoin surely.

[elghoniya]

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://i.imgur.com/pgqaTer.jpg

I think countries capable of harnessing the power of information and communication technology will reap more benefits from blockchain and bitcoin technology. Because bitcoin is the future technology.

[DiabolicAnt]

The people in those countries have more money and possibilities to deal with btc, while the citizens of underdeveloped countries just can’t allow to care about crypto.

[nasekguring]

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 in terms of advanced state facilities are more ready to use the currency crypto like bitcoin and so on and also they like with something new

[jeluhtajem]

I think that is due to the fact that those who live in developed countries, it is much easier to invest and to start work than those who do not have the initial capital

[Rossy Akbar]

Actually the benefit what will you get from bitcoin is it depends on how well you can manage and doing some stuff with bitcoin, it doesn't affect from the economy of your country, well for me personally tho.

[Harley29]

I think developed countries like America have a rich population and can buy bitcoins easily. different from citizens in parts of asia. the growth of crypto enthusiasts in every country is growing every year.

Exactly America have accepted bitcoin and it has alt of a lot rich people who are able to buy bitcoin it does not matter what will be the price but they are buying it, same as Japan which is the most well developed country and people are well settled but still to overcome any crises they invest in bitcoin, China recently unban bitcoin because they got to know bitcoin is best choice to make our country more developed and financially good so I think no country would like to refuse bitcoin now.

[Lady Coquet]

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 own point of view, developed countries like america and japan have already accepted bitcoin and they have a lot rich people that is why most people in developed countries are bitcoin users or investing in bitcoin. But still bitcoin price is still low because there are still many countries who banned bitcoin.