Why most bitcoin users from good economies countries?

[gurevail]

A number of reason contribute to this. First of all they have good amount of savings to invest and also other resources like good internet.

[Marlyn1]

You don't expect people from poor countries where they don't have something to eat to care about bitcoin. Do you? The ATMs also means nothing If we take china for example, they were dominating the market but almost no ATM there, same thing applies for Korea and Japan. Germany comes just after the U.S when it comes to the Darknet illegal drugs listings where bitcoin is being used so why not ATMs? It's because of the regulations. I could list a few countries that you would consider as third world country ,have no ATMs, no exchanges and still have more bitcoiners then some of the countries you listed. In other words, the ATMs don't represent the user base at all.

Agree good economy countries can afford to invest. They are most likely to become successfull because they have the resources. While on the other hand poor countries priorities are foods for the table.

[kovaleva]

Most of the people there are financially aware and thus they choose bitcoins. In developing countries, there is less awareness.

[qwirtiii]

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

Maybe because they rich in technologies that they are needed.They are completed in all the things that they needed.And they country is rich so that they have a lot of chance to participate in any programs.Because I believe that money is a power.

[Sowik]

This is why I think that the crypto projects that want to make a "difference" in Africa and so on are funny and will never succeed - people there are not educated enough or don't have money to use computers and they want to introduce them to Blockchain technology? Like come on, not possible.

[tonyosa]

I believe the presence or absence of basic infrastructure such as access to internet,constant electricity has a direct impact on the use of cryptos.You cannot access the blockchain when you do not have internet connectivity as with poorer countries.

[ngano ba]

I believe the presence or absence of basic infrastructure such as access to internet,constant electricity has a direct impact on the use of cryptos.You cannot access the blockchain when you do not have internet connectivity as with poorer countries.

The mention above items are basic but most of all very important to bitcoin,a well progressive country will have this items and this countrie are well economically good countries that can supply the needed items for bitcoin so their are many bitcoin users in this country.

[Daniel91]

I believe because of a few reasons.
First, they have more funds to invest.
Second, more info available and better education.
Also, better Internet, no electricity problem, no conflicts or social tension in society etc.
People in developed countries also have ''culture'' or habit to search for new, promising opportunities to invest.
 

[GrayFullbuster]

It is true that most of the users of the bitcoins are from the first world countries. I think the main reason why many users are from rich countries is because the quality of their education is really good.

[JeramiParan]

Simply because they have all necessary things needed, they have equipment, supportive economy/government and most specially money to finance such activities, they are open minded people to say.

[florinigna]

This is because people in these countries have good income and savings. Thus they can afford to buy so much crypto.

[Hirikama29]

o admit that in places where the economy develops ideologically they are very modern and have a daring way of thinking that they like the investment as well as get more incentive policies that are more rational than that. do for the  bitcoin users from good economies countries

[cryptojaani]

Anyhow the people/citizens who have more money or the high-level economy will be more bold with the name of risk, although this is still can be said a risk because of its characteristics, but still.. want to try to getting in and being in it. And besides that.. the country that certainly has a good economy will be easy to adapt with the new things that can adopt it into the development side and the progress of its citizens to avoid poverty. The more modern a country.. will be the more familiar/close to the new things that can indeed be useful/profitable.

I think 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.

[wave1002012]

yes, Bitcoin is very known to most developed countries because of their advance technology which is one of bitcoins requirements so that they can easily adapt transactions and also most of their are rich that can easily invest in expensive crypto.

[zigfrider]

Internet in developing countries is not available. In places where it is there, the speed and availability is not reliable.

[ignatova]

That is because people in those countries are aware and updated about recent technologies. They also have higher average income and thus can invest good money.

[acheampong64]

Well the fact is that people from economically good countries are highly educated and are exposed to the digital world more than those who don't have these. Let's consider this, how many people in underdeveloped countries have even heard of the internet or know how yo use it. Others don't even have access to good internet services or even electricity. Some can't purchase computers or smart phones. The reasons are so many.

[maraclariss14]

I think that it’s logical enough. Remember Maslow’s hierarchy of needs? Most basic needs are physiological, only if human’s needs are fulfilled at that level, he/she can move forward. So if people in poor countries can’t feed their family, then they couldn’t care less about bitcoin or any other investment. In opposite to this, quite rational that people of rich counties, who have enough money to invest (maybe even to lose some), are way more interested in crypto industry.

Not much logical because there are so many people in underdeveloped countries that can feed others as well and big donors so they are there to use the technology. 

Also because almost all the developed countries around the world have accepted and recognized Bitcoin and it is legal for their people to use the technology unlike the underdeveloped countries where the technology is banned and people have to refrain from investing in it.

Agreed, undeveloped countries have no complete awareness of what bitcoin is, also the banning of their technological advancement for the sake of their culture and beliefs is also a thing in forgetting what really matters most, that is the improvement and striving of man in the world, This crypto currency is an advantage to cope up with the present time and ore over to the future.

[ASHLIUSZ]

Every country around the globe has got at least few person using cryptocurrency. Economically grown countries have got more number of cryptocurrency users which is of the increased awareness compared to the countries that were low in economic growth. This will change as people from under developed countries too have begun to use cryptocurrency on their daily routine and for investment purpose.

[TN0904950]

The fact that they have all necessary needs money, fame, good equipment, they also support there own fellowmen.
They have enough money to support there projects.

I think this type of person invests so much money in bitcoin. For that the rank of bitcoin users comes from a good economic country.
Because the most important point of bitcoin is investment. People who have a lot of money are unemployed but do not have the option to invest where they invest bitcoin. This type of person lives in a good economy country. Their country is very good in economy that's why their economy is also good.