Why most bitcoin users from good economies countries?

[Cult]

I think that's because at the early stage bitcoin was mainly supported by IT-enthusiasts and libertarians who had a profound knowledge and interest in the theme, as you can afford digging into staff like that and invest when your living standatds are high. However, when you live in a poor country and have to toil whole day to make for living, not much time and interest is left.

[ylnar123]

I think that's because at the early stage bitcoin was mainly supported by IT-enthusiasts and libertarians who had a profound knowledge and interest in the theme, as you can afford digging into staff like that and invest when your living standatds are high. However, when you live in a poor country and have to toil whole day to make for living, not much time and interest is left.

I find you thought a good one. Another reason is, Bitcoin originated in a country where people are open for a change and technology evolution.

[19spawnfeed]

I think that's because at the early stage bitcoin was mainly supported by IT-enthusiasts and libertarians who had a profound knowledge and interest in the theme, as you can afford digging into staff like that and invest when your living standatds are high. However, when you live in a poor country and have to toil whole day to make for living, not much time and interest is left.

I find you thought a good one. Another reason is, Bitcoin originated in a country where people are open for a change and technology evolution.

The American adults to help map out the cryptocurrency landscape in the US. It found that 7.95% of the population has invested in a cryptocurrency, leaving much room for adoption to grow among the vast majority of Americans. And among the 92.05% of didn’t buy any cryptocurrency, 7.76% do plan to purchase some in the future.

As for the reasons people didn’t invest in cryptocurrency, 35.02% fear that the risk is too high, 27.04% find it too difficult to understand, 17.97% say it’s a scam, 16.12% are waiting for the “bubble” to burst, 11.40% find it too difficult to use, and lastly 5.75% think that there are too many fees. Just 40.01% say they are not interested or they think there’s no need for them.

The three most popular cryptocurrencies are bitcoin, with an estimated 5.15% of Americans surveyed owning an average of $3,453.89 in BTC; ethereum, with an estimated 1.80% of people owning an average of $1,243.42 in ETH; and bitcoin cash with an estimated 0.90% of people owning an average of $636.22 in BCH.

[Mr.John19]

Obviously, bitcoin clients are originating from the nation that has a decent in the economies. Do you assume that nation on the innovation can give a bitcoin client. Nations like America and Canada have officially acknowledged bitcoin, or all the nation on the picture are the nation receive the bitcoin. They have better web contrasted with different nations since that nation is a need on of access to the innovation.

[buttonmc]

Because they have a good economy that they can provide a good of capital to their crypto investment and earn a good profit too. That's why mostly bitcoin users are from good economy.

It is true and one more thing about the government of that countries. Supply bitcoin into the system of economy, so people can get profit simply and use Bitcoin in every day.

[maianh09]

Because good economy countries have smart and wealthy investors, they are always looking for ways to increase their money by investing in new and potential markets. They take significant risks and turn risk into an opportunity for themselves. Least developed countries have investors who are always afraid of risks.

[toolucky98]

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.

Advanced countries don't only have the big economies but they also have the facilities to aid the penetration of bitcoin compare to several other countries and the reason why I think the United States is at the fore front is because of the amount of freedom its citizens enjoy no matter how they want to control it. Facilities that are lacking in some poor countries of the world are

1. Internet especially in third world countries is still a very scarce commodity and expensive one in which we all know that knowing about bitcoin alone is dependent on this essential commodity.

2. The level of education, in the advanced world, the literacy level of there is very much high where you will hardly see someone that didnt have any formal education  but down to the third world countries you are even unable to count the amount of population that does not even know that a computer exists.

3. Another issue of concern is adequate statistics which is something that the advanced countries have lacking in the third world countries.

Summing all the above together, I don't expect anything different in that statistics and for the third world countries, it only shows that there is a long way to go.

an easy to understand conclusion is that everything needs a good place togrow well, it is hard to grow something in a place that lacks support

[buttonmc]

As you can see, countries with developed economies hardly use the total prohibitions on cryptocurrency. For them it is not necessary. They are more concerned about the possibility of using blockade technology for the benefit of their economy and protection against common cases of fraud in this area.

[Acsirp]

Most bitcoin users from good economic countries ,for this countries are abundant to power source and supply and an adequate supply of internet access on those countries that is why mant bitcoin holders come from this higy economically countries.

[Godexists]

because most country have the good and quality education they knowledgeable in bitcoin and develop it.and i think also the technology. most country support the users because they concerns in technology because they can invest in crypto.

[ghost424]

We cannot hide the fact that it is true that most Bitcoin users come from countries that at least have a good economic status and at least we can say a stable community and a country that other countries can depend on. Bitcoin is undeniably reach different kinds of milestones that is hard to reach for other Cryptocurrencies. They are supporting any means of getting more out of it because it can help them increase their economic status and if other countries utilizes it well too, then it might help them increase their status as well.

[Philcris]

Yes of course because someone teach them how to invest and to make more profit about in good trading strategy

[Soranith]

Country that has good economy believes in innovation that is why they are successful because they always look for something that can make their country rich and they believe that bitcoin is going to be the future of our economy that is why they are very positive that this will be a big hit.

[HasithaM]

Individuals on created nations will have more cash to save. Their wages are higher contrasted with creating nations. They can contribute substantial measure of cash that common laborers individuals on creating nations cannot stand to. Individuals from the underdeveloped nation will purchase their requirements first. Nourishment is generally on the highest priority on the rundown. Likewise Many individuals would rather spare it in a bank so when the time that they require it they can pull back it immediately. Additionally monetary proficiency in creating nations are not awesome, except if you inquire about or teach yourself nobody will disclose to you how to deal with cash.

[saqibmunir]

I think it is natural that most  users from good economies countries, this is because in developed countries all the free information obtained without ever being in censorship or blocking, even developed countries give everyone the freedom to do everything including making coins.

Yes, of course, most of the  users are from good economic countries because the country is easy to accept technology like . Not too thinking about the risk that will happen later, which is important people can live better because of . Countries like this should be good examples of other countries that do not believe in . Maybe the next few years  ATM growth will be more and more because  interest is also more and more.

[beej]

Countries with good and strong economies would naturally take much of the advantage
with new technologies, Bitcoins included. Most Bitcoin users from such nations have an
early and unique edge and advantage on them since they have better and faster access,
more reliable information and considerable amount of resources to get into innovative
solutions earlier than everyone else. Though a lot of users also came from 3rd world
countries with struggling and thriving economies, I surmise there will be an expected
increase of such users in the months and years to follow.

[gnaylor]

the countries that have not a good economy 7 but a higher technological adoption rate are slowly realizing that bitcoin is the culture of the economic trading standard and are testing these concepts on a small scale, these include South Korea and Germany to be on the top of the list,

[Daimon88]

I think it is natural that most bitcoin users from good economies countries, this is because in developed countries all the free information obtained without ever being in censorship or blocking, even developed countries give everyone the freedom to do everything including making coins.

Developed countries made a proper system for the cryptocurrencies and especially for the Bitcoin so they deal with it smoothly without any problem. Country with fine economy can think for better situations to bring in country or implement in country while it is difficult for those countries which are hurt with economy and can not think for better but are working in the recoveries of it.

[ishinn99]

I think it is natural that most bitcoin users from good economies countries, this is because in developed countries all the free information obtained without ever being in censorship or blocking, even developed countries give everyone the freedom to do everything including making coins.

Developed countries made a proper system for the cryptocurrencies and especially for the Bitcoin so they deal with it smoothly without any problem. Country with fine economy can think for better situations to bring in country or implement in country while it is difficult for those countries which are hurt with economy and can not think for better but are working in the recoveries of it.

Yes, they have advance technologies that can use to handle how to use cryptocurrencies and maybe ideas and strategies are available too that is why they are more advance compared to other countries.

[GeniusAko]

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.

It is because they have good education in their country. The bitcoin is no legal in my country but most of the people are still not aware on what it is. Education is the main key for the people to adopt bitcoin.