Why most bitcoin users from good economies countries?

[phpartisanmaster]

I think the answer is obvious, because of these countries have money for free investment

The answer is, not every country can stand the growth of cryptocurrency either it can improve or decrease the growth of their economy depending on how many people are using bitcoins or altcoins in their country.

[Dimon888]

Bitcoin for the poor man is expensive. In developing countries, people think how to survive than feed the family. Some do not have the elementary things that we are used to in our lives. And, of course, they do not have money for computers, smartphones, the Internet.

[BertoloyBTC]

This could be fact and reality that most bitcoin users comes from good economic countries, because of an adequate supply of internet and power supply of that progressive countries ,compare to that of the third world countries .

[ramores8]

high income levels supported by accommodation and manufacturing that are feasible to develop make them more advanced and almost limitless, their individual capital is greater than developing countries because indeed the level of employment is quite high, in this case they are able to buy many things and especially bitcoin.

[Janation]

Those countries able to harness the power of information and communication technology are reaping ever more benefits of blockchain technology and bitcoin.

Yeah. For me, it is because countries that has a good economy is maximizing the technology. What I mean is they are more modernize than other countries.

Maybe but that is not the reason, the reason most users of Bitcoin is in these good economy countries is because they have a great economy. That is confusing but let me explain.

A country has a high economy since they have a great income on that country and that is because of great businessmen and entrepreneurs on the country. With these great people, they might be also investors of crpytocurrency. They are open minded to these type of investments the reason they are more wanting to find new ways to earn money.

[Arlibtchunt2018]

Well yes, the number one investors of bitcoin came from the rich countries. Since we can't deny that they have the financial capability to afford the price of bitcoin as their currency. But I believe that if the time comes where in bitcoin will be accepted globally then it will surely be profitable.

[Pattart]

this is an investment that is very risky, if you talk about a poor country.
they won't dare to take risks for this kind of thing, it's better to use money to eat every day than to invest in crypto.

Yeah you right, besides that they don't have the financial and educational ability to be able to use bitcoin. do you know in a poor country only few people who have gadgets? that's why bitcoin is not known in poor countries, only in developed countries the development of bitcoin exists..

[Portia12]

I think the longer the time, the people in the small countries or the people in the backward countries will join in. Compared with other currencies, bitcoin is fairly fair to them. People in economically developed countries are only more developed in information, so most of them join, but I think this is temporary.

Obviously, everyone wants to invest on cryptocurrency, the hinder is only their own government who are not allowing their people to invest on bitcoins or altcoins.

[alval]

good economy in the big country indicates also about the citizen income. it creates wealth economy ecosystem that better also
the infrastructure of information grows rapidly than other countries so they can get information and development of cryptocurrency era
that why they can participate easily and knowing about bitcoin era. information infrastructure support determines that circumstance occurs
. in the small country can get easily those benefit just like the big country.
it's become common things that first innovation, investment or anything else will be known in the advanced country first rather than a developed country

[tsinelas]

Those countries able to harness the power of information and communication technology are reaping ever more benefits of blockchain technology and bitcoin.

As these countries have all the ability and are capable in engaging in this kind of business even they are already rich they will continue to pursue to have much more success. They can engage into blockchain because they have the resources, electricity powerful computer, higher education, knowledge specially the facilities. It is really hard to engaged into something that doesn't have even an ounce of what they have.

[begau]

I think the longer the time, the people in the small countries or the people in the backward countries will join in. Compared with other currencies, bitcoin is fairly fair to them. People in economically developed countries are only more developed in information, so most of them join, but I think this is temporary.

Obviously, everyone wants to invest on cryptocurrency, the hinder is only their own government who are not allowing their people to invest on bitcoins or altcoins.

After December 2017 most bitcoin users from countries with good economies are no longer accurate. The search volume on google from developing countries has risen to a record and they have bought a lot, lots of people in these countries now own a large amount of bitcoin now.

[nabinkhadka]

I think it is because of the money itself. They have enough money to invest in cryptocurrencies like Bitcoin. and another reason is because of education of information technology and latest technological updates.

[ninokh]

in my opinion because in a country like America the level of education of the population is high and has an open mind. likes to accept new things and the technology is sophisticated. whereas in developing countries the education level of the population is very low, even many children experience school dropouts because they have no fees. so their way of thinking is still ancient and not developing. so that some of them will not know about bitcoin and cryptocurrency.

[Linhkej]

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.

Bitcoin is popular in countries with good economies because of high living standards and people have more opportunities to access new technologies. Modern life expectancy requires time and Bitcoin gives them that. It becomes another payment option for them. And in an economically developed environment, the opportunity to adopt new technology is also much easier.

[jeromix]

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.

Well in asia though it is not in the list but in the legends shows only 4% which i do not believe that it is right because we have china and Japan aside from that Philippines is one of the country that has accepted and embrace cryptocurrency. There are other countries also in asia like south korea that eyeing blockchain technology to be part of their government system for transparency.

[MMS2017]

Different users are of different economies and i am sure that they are from good economic countries because many of the users are just using bitcoin for making transactions and those who are from good economies they are less in numbers and if people from good economies come to crypto then it will be more good because they will buy more bitcoin.

[artichandra]

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.

The better the economy in the country the greater the income of citizens, more money = more investment = more profit, sadly in small country only people who is rich can investing in bitcoin, rarely seeing commoner from there investing in here.

[Asanza25]

That is because of these new technologies, third world countries weren’t able to afford these new technologies that are coming here and there, not to mention the expensive price of all these cryptocurrencies that are out in the market, but technology is the main problem.

[Cliparts]

I think it is because of the money itself. They have enough money to invest in cryptocurrencies like Bitcoin. and another reason is because of education of information technology and latest technological updates.

Yeah they have more money to invest as they are good financially and they have more power and freedom, so it is good encourage those countries who are using bitcoin as currency in their state, they are well educated about crypto currency and they have all those facilities which a well-developed county should have, according to me having bitcoin as currency is itself a development of economical states.

[Birin016]

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.

with good facilities or infrastructure, the country can support their people to search on the internet about the opportunity to make money. and finally, people can find about the cryptocurrency which could help them to search a new way to make money. I am sure that for the other country which doesn't have good facilities, they are able to search this opportunity too and it depends on how that people want to keep trying to search.