Why most bitcoin users from good economies countries?

[sinkfish]

good economy country do have extra cash to invest in bitcoin. the point of entry is relatively lower for them. provide good internet and infrastructure, investor is well informed and information is faster to reach them. no surprise, most of the investor are from developed country.

[pat4cryptoreal]

Bitcoin ATM growth cannot be the yardstick to measure the growth of bitcoin in each country, Bitcoin is a decentralized digital currency that it usage does not depend on ATM.

[fipper]

bitcoin or crypto currency was created using the development of technology and times and developing countries that want to accept these developments and of course the development is profitable

[Andrea9000]

Because people in more developed countries are more intelligent and have more opportunities, experiences and knowledge in the field of economics, they see that bitcoin is a promising currency or a good contribution to the future.

[gegewojinnian18]

People in a country with a good economy have better financial ability and ability to understand. The backward countries usually have a backward financial system, and they are aware that there are very few people who are aware of the future of cryptocurrencies.

[katerinaliisa]

Because most people from these countries understand that cryptocurrencies have a huge prospect. They appreciated the idea and believed in it. I think this is due to the fact that most people in such countries are very literate economically.

[SeVenlast]

That can happen because the country has good technology and a lot of technology users. Everyone can make money on the internet without working in the office.

[Lomberjack]

For me, I think it is because their population and most of the people there have money to buy and invest in Bitcoin. They are not afraid to take risk because they have a lot of money.

[imToken]

Often the influence of cryptocurrencies is related to the educational popularity of social citizens. Encrypted currency is usually only knowledgeable to believe it, and it is very difficult for ordinary people to understand such a coin. Therefore, developed countries support more cryptocurrencies, which is a true free currency.

[YOSHIE]

And everyone knows the current price of Bitcoin, $ 4000, is a very big price for poor countries with mediocre income, unlike countries with higher currencies, such as: America, Canada, Australia etc.,
This is something that can be reached by Bitcoin users with a decent income, unlike the case with poor countries, so it is only natural for developing countries to become the biggest Bitcoin users.

[krishnaverma]

This is because of following reasons:

1) People from good economic countries have good amount of money to spend. That is why they are able to buy and hold good amount of bitcoins or other coins.

2) It also has to do with the awareness level of people. People in these countries are more aware and thus invest in this new technology.

[bce]

bitcoin or other crypto currencies were created using the times and advances in technology and progress is certainly followed by developing countries and have a good economy also in my opinion digital progress will be more rapid in the future

[maemunah]

because bitcoin is an asset that is very promising the results that are obtained, so most of the users of the bitcoin are definitely economically guaranteed and fulfilled too...

[GunsLair]

I think that every day the number of users and bitcoin holders (or other cryptocurrencies) from developing countries will increase. Because a bad economy is an incentive to improve their position and quality of life. This is a reason even just to find a job.

[llyfee4u]

I think its down to many factors really.  Some of the major factors for people in developing countries are intermittent power supply and internet service which makes it very difficult to either get online or stay online with either of those services not being available steadily.  Also, i think those of us from certain continents have much more disposable incomes that we can afford to invest in crypto without much risks to our daily living standards whereas for some countries, every little amount can make the difference and can sometimes be about survival..

[Vishnu.Reang]

This is ridiculous. The number of Bitcoin ATMs can't be taken as a measurement of the popularity of Bitcoin in a certain country. For example, Bitcoin ATMs are banned in countries such as India and China. That doesn't mean that there are no users in these nations.

[Kuchiyose]

because bitcoin is an asset that is very promising the results that are obtained, so most of the users of the bitcoin are definitely economically guaranteed and fulfilled too...

Good income countries will take this opportunity to increase their wealth later so if they want to invest a little of their money it won't make them bankrupt.

[bitbunnny]

People in countries with better economies have better incomes and thus better opportunities to invest in Bitcoin because they can easier afford that. Also, new technologies including Bitcoin are more available to them.
But that doesn't mean that people for countries that are not so rich don't use Bitcoin just the opposite but they maybe use different methods to get to the Bitcoin or they use it for diffierent purpose.
But the number of ATMs doesn't proof the popularity of Bitcoin or show the real number of Bitcoin users.

[Apple Mac]

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.

We can say that Countries who does have good economies were the ones who adopt changes roght after innovation has come to the public, we can say that they are the ones who is flexible and adaptive when it comes to innovation, the progress of their country doesn't take too long to proceed and try another things in the future which allow everyone to climb with the trends that was given to them.

[pinggoki]

because bitcoin is an asset that is very promising the results that are obtained, so most of the users of the bitcoin are definitely economically guaranteed and fulfilled too...

Good income countries will take this opportunity to increase their wealth later so if they want to invest a little of their money it won't make them bankrupt.

You have a good reasoning though, I also think they will take this opportunity for their counrty because I also do believe that Bitcoin has a capabilities to support the financial necessity. And I think Bitcoin is one of the way to change everything in one country so they take the advantages of it.