Why most bitcoin users from good economies countries?

[newbie-hero]

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.

They have the Internet with a good speed. They can let themselves to buy the equipment for mining, and finally, they have more money to invest in BTC.

[darkphoenix2610]

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.

Exactly, some countries have the resources or can afford the risk and immobilization of the crypto world, they are the first who cope up with its opportunity to earn and work, they also have the advantage in their technology that is why they are the first who adopt its system.

[Btcschool]

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.

Where did you get those statistics? I don't think so because as of the moment we do not know who are the holders of the crypto currencies most of the coins in the market are still holding by majority anonymous of people and we cannot identify their nationalities.

I think it’s all about education and awareness about cryptocurrency. In advance countries people are aware of everything and they have the facilities to know about the world, besides poor countries don’t have the facilities to take advantage of the new technology due to lake of knowledge and money. That’s why investors are less than advanced countries.

[spongegar]

For one thing, these people in economically grewt countries have money to spare on investments. Also, these people has a habit of investing thier money rather than let it sleep in a bank. People in developing countries however have recently done this and some of them would rather just be an employee than to invest their money on businesses

[stayeduptolate]

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.

According to me the good economy countries are those who has legalised bitcoin in their nation and not to be very hyperbole but still those countries become the good economic countries because they has legalised bitcoin in their nation and bitcoin is the reason for the boost in their development and increment in the GDP of these countries also obviously most of the bitcoin users will be from those countries only because there are no boundation for them in using of bitcoin and moreover their governments encourage them to use bitcoin.

[gandhe83]

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.

I think it is:
Rapid Transactions: With no advantage through any financial intermediaries, all operations will be done on the internet, so when trading electronically it will happen almost immediately. anywhere.
Unlimited transaction amount: Most banks limit the total amount that you can transfer and receive during the day. But with electronic money transactions, it's easy to send a huge amount of money, so big that there are no limits.

[reda]

People is part the country growth. So people will be growth economy also growth. Economy is important of the country growth. If need to check the country growth. First check the country economy. Then you know the country growth or not. Easy to get the other country growth information. Some country will not help to some people growth. If country will be help to people growth. People improve the knowledge and get the more profit. Then easy to country economy will be growth. So people and people growth is important of the country. Then change the country digital ways and improver the lot of business in the country.

[petrobit]

I do not think that this is due to the inaccessibility of bitcoin for poor people. Most likely in these countries there are simply more Internet users and therefore people's awareness of crypto is much higher.

[Chrisjay29]

Maybe it because poor country doesnt have a internet or electricity. We all know thats the requirement for crypto without that you can do transact

[aliraza6663]

Although it is the first cryptocurrency that came into the market, many countries are still not conversant with Bitcoin’s technology, popularly known as blockchain. The countries all around the world seem to have taken two opposite sides regarding the regulation of Bitcoin. A certain number of nations are willing to utilize the cutting-edge financial facility that Bitcoin and its corresponding blockchain technology provides.

[Neraj Evad]

Most bitcoin users come from good economic countries because this countries are abundant with power supply and a strong internet connections, that is why they can rely on their uninterrupted supply which strongly needed in involving cryptocurrency activities and works.

[Slavyanskiy]

In countries with a good economy, many rich people live. Rich people can afford to invest large sums of money.

[uchechiboy]

For me i think it is all about education and also and awareness of cryptocurrency in the country. So economies is also very  important in the country growth.

[mamarried]

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.

Holding Bitcoin is a very easy way and it will not get me in trouble, so I will continue to ignore the recent market, strongly believing that the future will be great for people who want to survive, big losses for those who have gone crazy with market conditions and sell it right now.

[dublados]

The undeveloped nations are additionally nations that have less or very few foundations to assemble and dig for instance. The majority of these nations clients may likewise have advance obligations, so they are somehow trapped with the keeping money frameworks. A few spots you don't get enough power, so how might you make an exchange of bitcoin? Tragically learning doesn't reach similarly in this nations, since you see individuals with no, or less sources.

[brolekset]

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

Bitcoin is an investment that capitalism introduced it to us. When we look at the graphic that you shared with us, you can see the most capitalist ones like USA or United Kingdom. So we can understand that bitcoin has a relation with countries that have good economies thanks to their economical methods. When you imagine a country that has low economical value, people in this country can not think bitcoin. We don't know if they have any internet connection. They worry about how to survive.

Good statistics in the world countries most likely due to the fact that they have one of the best technologies and because of this, the population of these countries quickly learns about the innovations in the number and bitcoin

[brolekset]

Good statistics in the world countries most likely due to the fact that they have one of the best technologies and because of this, the population of these countries quickly learns about the innovations in the number and bitcoin

[amber deposit]

Yes, a country that has a good economy is also a developed country. They have openness to new technology. They think that bitcoin can be part of a derivative of the global financial system, as it is efficient and decentralized through peer to peer technology.

[cdoyle14]

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.

People in well developed countries are more open to investing things and also they are not so much concerned about money that they can lose because they know that money is a renewable resource.

[Elwin_Dog]

The number of ATM's is just a representation of how many people are willing to convert their fiat into bitcoin physically, but there are plenty of people in countries without ATM's that find other ways of acquiring it.

There is a point though about people with more disposable income willing to take risks and put capital into bitcoin. Because of the negative buzz about hacking, regulation, etc. people are a bit wary putting money they can't afford to lose into it.

Also it might have something to do with inclination to technology and willingness to do research into the concept of crypto itself