Why most bitcoin users from good economies countries?

[Muzika]

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.

It is not about the internet it is about the capability of the people to adapt bitcoin, those good economic country usually the people in it has the capability to put money to crypto unlike for the people in the third world country they prioritize first their everyday living.

[1714770068]

1714770068

[1714770068]

1714770068

[1714770068]

1714770068

[1714770068]

1714770068

[LOLpenguin]

I think they just have more funds available for investing. Also, new technologies might be more accessible for them.

[Ann Impas]

As we all knew, bitcoin is like a product or upgrade result of the internet revolution. It is therefore concluded that good or progressive economy are those the one have the most out of bitcoin because of the facility. Sooner or later, other countries will follow just like what happen to the internet. Let's just wait, relax and see. Cheers.

[setialovers]

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.

I am agree. Most people who own bitcoin because they have good internet access. Internet connection is essential and i think poor country should improve their internet infrastructure to expand their digital economy

[maligu]

The cryptocurrency supporters are usually highly qualified people who cannot understand or believe in the cryptocurrency market. But now many people are beginning to shake the cryptocurrency, and the current bitcoin price is really disappointing.

[gorodi]

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.

Most of the people that have MANY Bitcoins come from the well-developed countries, because they simply have money to invest it in the cryptocurrencies. The other guys have less BTC.

[mazdafunsun]

This is how world works, those who have wealth can afford to invest.
This is one of the reasons why wealthy people are becoming more wealthy they can afford to buy stocks and get paid for that,poor cant.
regarding the btc, they just have the funds , technology  and time to research such things.

[gurang]

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.

Because bitcoin can help people and there life so that the bitcoin can also Help in our economy and then it its a big help in our nation if bitcoin will be legalize.

[zhanyiguai261315]

Countries with good economies, their countries have extra money to invest!
And the nationals of these countries can understand the meaning of cryptocurrencies and blockchains!
So they are willing to try to accept this new technology!

[barabarian1]

yes, indeed most bitcoin users are from countries with good economies. a country with a good economy, we can be sure that the people in that country have a higher level of education than the economically disadvantaged countries. and it can be ascertained that everyone in a good economic country, the majority can already use technology and they master the science of technology. but I am sure, the more time bitcoin will grow and bitcoin will be used by all countries. and not only used by countries with good economies.

[Taki]

Interesting information. I really didn't know the USA is on the first place and here too! I thought it is some of Asian countries like China or Japan who usually on the first place in technological field.
To me it is really surprisingly to see developed and rich countries on the top of the list about bitcoin's use, my logic is saying that it should be poor countries with high population and super small salaries. But the facts are clear on the graphic. Probably people from the US have more money for crypto investments and politic about crypto currencies is not so rough like for example in Bangladesh where you can go in a jail for use of cryptos.

[Gabteb]

Do you realy think people from country where they cant find food to eat would come and buy bitcoin ?yep most users are from USA and its normal,dont think anyone from country where is war or was war for example from Syria would buy BTC.

[nur rochid]

yes, indeed most bitcoin users are from countries with good economies. a country with a good economy, we can be sure that the people in that country have a higher level of education than the economically disadvantaged countries. and it can be ascertained that everyone in a good economic country, the majority can already use technology and they master the science of technology. but I am sure, the more time bitcoin will grow and bitcoin will be used by all countries. and not only used by countries with good economies.

right, with high education, it produces superior human resources, so that they are at the forefront of a technological development, besides that indeed with high human resources of course their economic life is already established

[Dasha88fed]

In fact, you can not base your opinion on people's interest in Bitcoin on data on the number of Bitcoin ATMs in a country, because in less economically developed countries people also use Bitcoin and in some cases no less than, for example, USA or Canada, in which ATM's are more than other countries. Many people use Bitcoin only on the Internet and have never used Bitcoin ATM ever. Moreover, this schedule would be more correct to do, for example, indicating the ratio of Bitcoin ATM to the country's population, because the USA population has 325 million people, and in Austria there are 8.7 million people. It turns out in the USA 1 Bitcoin ATM for 586 thousand people. In Austria, exactly the same indicator - 1 Bitcoin ATM for 580 thousand people.

[satriagedhe]

the progress of a country in line with the progress of its technology , so yeah it's no wonder that most bitcoin users are from good economies countries

[Mhd-Bobbi]

The undereveloped countries are also countries that have less or not many infrastructures to build and mine for example. Most of these countries users might also have loan debts, so they are in some way entangled with the banking systems. Some places you dont even get enough electricity, so how can you make an transaction of BTC? Unfortunately knowledge doesnt reach equally in this countries, because you see people with no, or less sources.

Yes, there are also many undeveloped countries, which do not have networks there, such as electricity, internet, and other needs, but also need to be evacuated, so that undeveloped countries can also do the same work as us, by sending assistance from the government in their own country.

[NoobyIntellecutual]

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.

This is an open secret because all those who invested in Bitcoin initially in the start were majority from America and this is why the largest number of investors in Bitcoin is from US. So this is the reason because they had financial resources.

[Akpuv]

The more advanced countries are likely to have more bitcoin users due to their higher level of exposure and access to technology. What drives bitcoin adoption is availability of steady power and internet facilities. That is what the listed countries have in abundance.

[ufalo3]

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.

This is an open secret because all those who invested in Bitcoin initially in the start were majority from America and this is why the largest number of investors in Bitcoin is from US. So this is the reason because they had financial resources.

True. Just compare the average salaries of the Americans with the salaries of the people living in other countries (even in Europe). The USA citizens simply have some "free" money to spend it on Bitcoin.

[sakokinak]

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.

This is an open secret because all those who invested in Bitcoin initially in the start were majority from America and this is why the largest number of investors in Bitcoin is from US. So this is the reason because they had financial resources.

Yes, it is evident. Their salaries are high, and they are also more open to everything new. People that live in the counties with good economy feel that they are financially protected.