Why most bitcoin users from good economies countries?

[rickyNmorty]

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

Got a point. Simple because they can gamble their money because they are not afraid anymore with this kind o scenario amd they really into markt investment. They are capitalist in their own way that is why probably it is the reason why they deal with it. We can also say that the government there supports this kind of market.

[laravuemaster]

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.

I think since the country's economic it was good, the population can buy everything needed to buy a tool that made the means to manage bitcoin. for example the necessary tools is PC or Internet network. and I think since most of the population in developed countries already have access the Internet and electronic equipment. and technology education in the country existing and the majority of people want to learn to use technology.

Because those countries are not negatively affected by cryptocurrency and they can invest anytime they are interested and make more income depending on the situation of the market.

[virtfund]

The main reason of this situation is lack of awarness of people who live in poor countries. In such countries, citizens have their own agenda and it relates to local news (not regional or world wide developments). Since these people struggle with basic problems like having a bad educational system, they also do not have ability to evaluate in a right way risks and opportunities of recent developments.

[Diablesfunis]

Because their standard of living is better than the one in developing countries and they are more educated about investment and finance so that's why there's more crypto users there because they care about their money's value. People in developing countries have other priorities and usually most of them only invest in gold or property, there's only a little awareness for crypto.

[Tatsuyashiba]

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 opinion this is simple, because the purchasing power of people in developed countries is greater than in developing countries, such as the picture you showed above, the purchasing power of the people of America tends to be large, and they like investment with high returns, and a high risk , just like in 2008 when there was a property crisis

[rushel22]

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.

[brotherwood12]

i think because they know the function of bitcoin and was find the opportunity from bitcoin itself , i think just like that IMO

[MainIbem]

For one to trade with Bitcoin certain factors has to be put into consideration first and must be available-
Knowledge which they say is power
Adequate information about the transaction process
Constant power supply
And of course data and the financial strength to acquire the initial BTC
The above factors are the constrains of people from poor economic countries.

The opportunities available to the people in the good economies far overweigh those of the poorer economies. Exposure to information too, is another factor. From a younger age, people in the good economies are exposed to internet, ICT etc. While those fro poorer economies get this at an older age.

[Gheka]

For one to trade with Bitcoin certain factors has to be put into consideration first and must be available-
Knowledge which they say is power
Adequate information about the transaction process
Constant power supply
And of course data and the financial strength to acquire the initial BTC
The above factors are the constrains of people from poor economic countries.

The opportunities available to the people in the good economies far overweigh those of the poorer economies. Exposure to information too, is another factor. From a younger age, people in the good economies are exposed to internet, ICT etc. While those fro poorer economies get this at an older age.

Indeed, people who live in good economies, they are eligible for exposure to new technologies from a very early age, they have more time to study and research while with poor economies, their time is spent on making money, they do not have time for new technology. In addition, with a good economy, we can easily invest in bitcoin, we do not need to worry too much about the risks, everything is under control, and so, we do not need to be surprised when bitcoin users are concentrated in most countries with good economies, their superiority is too obvious and overwhelming

[horrifiedx1]

For one to trade with Bitcoin certain factors has to be put into consideration first and must be available-
Knowledge which they say is power
Adequate information about the transaction process
Constant power supply
And of course data and the financial strength to acquire the initial BTC
The above factors are the constrains of people from poor economic countries.

The opportunities available to the people in the good economies far overweigh those of the poorer economies. Exposure to information too, is another factor. From a younger age, people in the good economies are exposed to internet, ICT etc. While those fro poorer economies get this at an older age.

besides, of course, countries with good economies have superior human resources, so that they are financially prosperous. that way they can keep up with technology and read opportunities about cryptocurrency

[Crafts12]

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.

You have a good point there. Most bitcoiners come from the countries with good economy because they can afford to be at it. They aren't having trouble with thinking what they will eat unlike in the places with poor economy. As what you have said, why would people from poor economy would care and be troubled by using bitcoin?

[ganjasmokingg]

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.

Most people who are interested in using bitcoin are in developed countries. Because in those countries people's education is high and they have a lot of good conditions to invest in it. It is truly welcome that the influence of developed nations will make more people interested in the crypto market.

[malading]

Bitcoin was first born in the elite of the IT world. Rich countries have a deeper and broader understanding of finance, so they support the most people with cryptocurrencies. The backward countries usually have many problems in the original economic system, so people may not see the future of cryptocurrency.

[shiming]

An economically backward country. People are busy with life and don't have much time on the Internet. And those countries with developed economies. Access to advanced technology is easier.

[Stac]

Most of the good economy countries are found bitcoin users because they could analyze the  in and out of bitcoin very easily due to their technological efficiency.Bitcoin is with a strong net work systems linked with the modern technology.Bitcoins features are very attractive to the global investors.It is a decentralized one with anonymity.Its all transactions are recorded in an electronic ledger with block chain technology.The industrially developed countries are mostly technologically developed countries are knowing the usefulness of bitcoin in various dimensions of human life.The block chain technology is a major byproduct of bitcoin which is ensuring its security systems and clarity.The implementation of the block chain technology which leads us  to a corruption free world..Bitcoin is an investment tool and it is a good transaction media with out a third party interference Bitcoin can be used for the local and international shopping.and can be useful for the service bill payments.So the economically developed countries are realizing the usefulness of the bitcoin and hence their government is permitting their people to use bitcoin.

[twa]

that is certain because crypto currencies were created with advances in time and technology and of course developed and developing economies will receive crypto currencies because the development of time and technology requires an economic system with crypto currencies

[dupee419]

Because BTC is strong when people are aware from that specific country, for example, Japan is a good example why BTC is strong there, its because that the citizens around Japan are very much aware and are knowledgeable about BTC and that is why BTC is strong in some countries that has an uprising economy.

[demonz666]

I think because there are still many people in the third country who do not have internet access. whereas in using bitcoin we must have an internet connection. and also the population in the third level of education is still low. they don't really understand technology. and most of the population never thought of or heard about digital currencies. so that only in countries with advanced economies, bitcoin can grow rapidly. because there the community and its technology are ready to accept cryptocurrency.

[Escf4]

Bitcoin users come from good economic countries ,this is because countries which are economically stable will adopt new technology like this cryptocurrency, and good economic countries have enough supply of power and internet , in which bitcoin and cryptos are been work in adequate supply of internet access.

[timotron]

You need more info to state this.

But I can see the main reason behind. I think it because of infrastructure. Low economic countries and poor people don't have the infrastructure to start using Bitcoin at 100%.

Naturally, some people benefit if others are in need, and so they prefer to not help them out if you get me...