Why most bitcoin users from good economies countries?

[bitbunnny]

I don't have the feeling that majority of Bitcoin users come from developed countries. In fact I know many users from India, african countries etc. Maybe statistics are showing different data but don't forget they are not always correct. The number of users also depends on overal population, accessibility of Internet connection and other things.
Still developed countries have better infrastructure, people are more educated and exposed to modern technologies so this might be also the reasons for bigger number of Bitcoin users.

[Valhalaa]

it's natural why countries with advanced economies have many roles and users because in terms of resources they are very supportive in developing a giant coin that can make future changes to the cryptos
I am sure like that because developed countries like that have proven that bitcoin can be used safely on certain merchant payments in developed countries

[mornabo]

Ofcourse cryptocurrency needs alot of resources that you must have in order to go with it,internet computer is the main ones its common to find most number of users in first class countries because they have and they can buy services like what i mention computer and internet.Third class country people still find it hard to have money for food so they cant even have money to buy neccesity in order to join cryptoworld

Yeah and all the resources are there in developed countries, every person in developed countries almost has gadgets and is connected to the internet, even small children and even parents have used it. while in poor countries, many of them don't even know how to use the internet, the internet is a rare thing and an expensive item for them.

[Sithara007]

We really don't need to divide the Bitcoiners in the basis of race, gender and wealth. If the citizens of a certain country are more inclined to use Bitcoin, then there can be many reasons behind it. It may be due to higher affordability, computer knowledge, or even the inclination to take risks. But once Bitcoin becomes popular, these differences will vanish.

[Hardtolife]

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

because a good economy certainly has a population that has good technology so that easily accessing bitcoin is different from a bad economy, of course some people can easily access bitcoin, maybe they don't know what bitcoin is. We have to help introduce what bitcoin is for people who don't know and let them benefit.

[bitzizzix]

Developed countries and good economies are based on the leaders of their countries who support technological advancements, and all countries have different capacity facilities and using bitcoin must be supported by technological tools at least the facilities of smart phones and internet networks that support them to be able to use them.
and besides that people's thinking power is different because bitcoin is an indivindu character that can be used by anyone as long as it supports it with good thinking and supporting technological tools, and besides that bitcoin must also be supported by the state to improve the economy for those who want to use it, and I think the progress of bitcoin and its popularity will gradually increase poor countries and balance other countries with the majority of bitcoin users.

[mersal]

Bitcoin uses always had the intent to invest the money and get much more profit so people who are having the extra income they will the investors mostly here so I think the economic countries will be the people who are doing better investment right now and I think this is the reason for that.

[akram143]

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.

I think people were in this situation thinking about the future and ever become economically same for the future that's why they are choosing this field and ready to face the future with the help of the cryptocurrency field and it will definitely a good idea for everyone who are interested here to get the future to be better for them.

[alyssa85]

I don't have the feeling that majority of Bitcoin users come from developed countries. In fact I know many users from India, african countries etc. Maybe statistics are showing different data but don't forget they are not always correct. The number of users also depends on overal population, accessibility of Internet connection and other things.
Still developed countries have better infrastructure, people are more educated and exposed to modern technologies so this might be also the reasons for bigger number of Bitcoin users.

Agree. There is a lot of bitcoin/crypto stuff being used in Venezuela (because they haven't got access to dollars or anything normal). And about 15% of remittences is now being moved via cryptocurrency. The only reason China has bowed out of the crypto space is because their govt is scared that bitcoin could be used to evade capital controls.

[Artemis3]

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 from good countries can purchase more bitcoin than people from poor countries. Also your picture is about ATMs, not bitcoin usage. Not only do ATMs charge big fees, they need to be in countries where vandalism isn't a thing, AND their local FIAT is strong enough to be worth keeping in vaults; ie. NOT a hyperinflation. 100 dollars can buy you 0.02BTC while 500 bolivares would get you 0.00001BTC. They are both the largest banknote from their respective countries...

In country A one (1) piece of paper buys the same amount than two thousand (2000) pieces of paper in country B. Guess which country will use more ATMs...

[Pab]

Because users from that countries have more money
But  VPN is now ordinary thing so it is hard to really find where are users coming from
We have a lot users from India where btc trading is banned so they have to hide themself

[Script]

Everything is very clear and logical, why developed countries are leading in the use of Bitcoin. For this there are several factors:
1. High level of education and economic integrity.
2. These countries have a high average income per person, which means people have the opportunity to invest part of their income. And often they are looking for the most profitable options (not always reliable), because they can afford to lose investments or a part of them.
3. Technical ability to sell or buy or pay using cryptocurrency.

[munareal]

Bitcoin users are from good economy because they have good economy models and are open to economic growth. They have good economy policies that are working well and they also have good foresight and are proactive  that is why there economy is good in the first place. Countries that are banning Bitcoin are countries that are struggling and are seeing the use of cryptocurrency as a threat to their economy.

[usorin]

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 reason why most of the bitcoin fans are from developed countries is because in those country there easy access to information, technology and there is also a good internet connection. I imagine certain thing are hard to do as common man in underdeveloped countries.

[Xampeuu]

I think because the support from the government and in developed countries already have good human resources, then they easily follow the developments of the times, moreover the development of this technology can improve the economy of each

[leea-1334]

This is also the point people bring up in response to "Bitcoin is going to redistribute the wealth". But I think it still only distributed it to the middle class at best, and made the gap between the working class and middle even bigger.

I own a computer and am middle class,,, I know internet,,, So yes maybe now I am "closing the gap" to the 1%, but behind me the poor class are getting even more behind. That is a bit sad.

[manfredmann]

Simply rich countries can afford to buy more bitcoins than the poor countries. But, buying bitcoin is not all about to what country you are living in. It is just that people living in rich countries do have more capabilities or purchasing power than people living in a poor country.

But, I doubt about the graphs as it could be fabricated or to what source OP does your graph came from?

[Sum24]

Simply rich countries can afford to buy more bitcoins than the poor countries. But, buying bitcoin is not all about to what country you are living in. It is just that people living in rich countries do have more capabilities or purchasing power than people living in a poor country.

But, I doubt about the graphs as it could be fabricated or to what source OP does your graph came from?

Of course bitcoin is not miner thing but it has good value all over the world, but the country which has more earning resources will gain more profit than those who are not having more earning resources. So my country has more job opportunities so people can easily buy and government has power to help the growth of the coin.

[Gheka]

I think because the support from the government and in developed countries already have good human resources, then they easily follow the developments of the times, moreover the development of this technology can improve the economy of each

More precisely, countries with good economies always create favorable conditions for people to access and understand new knowledge and technology, and because of this advantage, everyone in these countries will quickly know more about the benefits then start participating in bitcoin. In addition, people in a country with a good economy always have a stable income, they are not too worried about the failure in investment when they have sustainable work, while in countries with low economies, income is too low, people have less courage to participate and invest

[Pattart]

Simply rich countries can afford to buy more bitcoins than the poor countries. But, buying bitcoin is not all about to what country you are living in. It is just that people living in rich countries do have more capabilities or purchasing power than people living in a poor country.

But, I doubt about the graphs as it could be fabricated or to what source OP does your graph came from?

Of course bitcoin is not miner thing but it has good value all over the world, but the country which has more earning resources will gain more profit than those who are not having more earning resources. So my country has more job opportunities so people can easily buy and government has power to help the growth of the coin.

I think this is not about the rich and the poor, even a poor person can buy some satoshi and become a bitcoin user, the problem is in human resources, many people in poor countries are still not educated about digital currency, and internet is still very rare there..