Why most bitcoin users from good economies countries?

[laredo7mm]

First is the economic factor and the introduction which is certainly easier to accept for the country whose condition is quite good. because they already understand about investment and bitcoin comes one of the new investment offers. and of course the respown from the community is more open to being able to gain insight and also learn it

[goaldigger]

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.

Its reasonable why people from good economic status has great contributions to cryptocurrency because those who dont are busy building their economic life rather than cryptocurrency. This is just temporary knowing cryptocurrency can increase it in some ways after it has been strongly established in nations.

[LUCKMCFLY]

It is indeed correct in the country that I live next to Colombia, there is already an ATM present when passing through the entire border, this is new and there is a queue to withdraw FIAT from local currency. This will undoubtedly cause the economy of bitcoin to be dynamiteed, because it is reaching areas where they hardly know the technology but they move a lot of money.

[gwdf1]

First is the economic factor and the introduction which is certainly easier to accept for the country whose condition is quite good. because they already understand about investment and bitcoin comes one of the new investment offers. and of course the respown from the community is more open to being able to gain insight and also learn it

Most of them have a better education than people from countries with poor economics. They have the initial knowledge of the economy (basics at least). They have more money to invest in cryptocurrencies.

[DigitalGemToken]

Well I think that "good economy countries" as in countries with generally low inflation, use bitcoin because of it's technology. They see the use case of blockchain as in a great store of value and a great method of payment and are using it because of the tech.

"Bad economy countries" as in countries with generally high inflation, use bitcoin because it is an inflation hedge. Bitcoin's inflation schedule is fixed as there are a set amount of block rewards per block whereas currencies can be printed at will.

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[Warranteum]

I think it's not right that ATM is bitcoin users reference, china has the largest bitcoin user in the world does not need bitcoin either,
but the use of bitcoin ATM is also very good to facilitate access bitcoin use somewhere, it would be great if every regions have bitcoin ATM access.

[Kimonoe]

First is the economic factor and the introduction which is certainly easier to accept for the country whose condition is quite good. because they already understand about investment and bitcoin comes one of the new investment offers. and of course the respown from the community is more open to being able to gain insight and also learn it

Most of them have a better education than people from countries with poor economics. They have the initial knowledge of the economy (basics at least). They have more money to invest in cryptocurrencies.

besides good human resources, certainly adequate facilities and infrastructure are provided by the government. especially without capital we can generate capital here

[NewRanger]

First is the economic factor and the introduction which is certainly easier to accept for the country whose condition is quite good. because they already understand about investment and bitcoin comes one of the new investment offers. and of course the respown from the community is more open to being able to gain insight and also learn it

Most of them have a better education than people from countries with poor economics. They have the initial knowledge of the economy (basics at least). They have more money to invest in cryptocurrencies.

besides good human resources, certainly adequate facilities and infrastructure are provided by the government. especially without capital we can generate capital here

they have any resource that needed to stat investment in bitcoin or cryptocurrency.internet infrastructure provided and also they have money and knowledge how to start it.

[Dontme]

Of course they have the technology and have the capability to spare some or most of their money on things which is unsure or risky. You can not expect that people from poor country such as Africa to just carelessly put their money into something while starving, they can not just spare anything from unsure things.

[indrakusumaindra]

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 believe its because developed country are more open to something new. They do open and also have a money and also brave enough to embrace something new. I do also think developing country are in contrary which is not so opened to new technology and i do think they are short of knowledge about this new technology, so developing country are used to just following the success of developed country.

[yohananaomi]

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 believe its because developed country are more open to something new. They do open and also have a money and also brave enough to embrace something new. I do also think developing country are in contrary which is not so opened to new technology and i do think they are short of knowledge about this new technology, so developing country are used to just following the success of developed country.

Not sure just because of lack of knowledge about technology. maybe as a developing country they have also begun to open up with renewable technology. but they still need to learn what the disadvantages are if crypto can be accepted as a legitimate tool to use. because it is clear that if you have received it as a legal tool, they also have to prepare work tools and the consequences if there is a dispute.

[Nhebu]

Developed countries were open for a change that will be beneficial to them. As a matter of fact, rich countries can afford more than the poor countries. They will have a faster access in Internet. Investment are part of their life. That the reason they will adopt crypto.

[coin-investor]

It's understandable, they have the means, and they are more advanced in accepting new technologies and being more open on new innovations and what this first world countries implement the third world countries will readily accept I/m glad my country although not considered as first world countries readily accept this technology.

[rez303]

 Most developed countries participate in the crypto market because they understand its potential and their investment is also very large. A strong economy proves that people are rich and they have enough knowledge to participate and make a profit from the cryptocurrency market.
so developed countries always respond well to new trends and they are still rich countries.

[Yukyzu]

It's understandable, they have the means, and they are more advanced in accepting new technologies and being more open on new innovations and what this first world countries implement the third world countries will readily accept I/m glad my country although not considered as first world countries readily accept this technology.

developed countries are indeed very sensitive to technological developments, so when there is technology developing, they will definitely try it. in addition, developed countries are assessed because the income owned by people in them is quite high, so it is only natural that they try to broaden their business horizons with technology such as crypto.

[Prettyme]

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 these country who has better economy were the one involved with bitcoin. One thing I know because they were see something that makes their economy more progressive that's why they embrace it they let their people to invest with bitcoin unlike any other country they don't like it because they can't control bitcoin that's why different country banned it.

[Gibreil]

Well, i think there are a lot of factors why developed countries have the most bitcoin users. Firstly, since they are rich countries you can expect that they have a speed Internet connection, imagine faster than blink of your eyes. No hassle that's why you will not be disappointed to enter in bitcoin. Secondly, I think that people in this countries have a knowledge of it.

[breathlessz]

It's understandable, they have the means, and they are more advanced in accepting new technologies and being more open on new innovations and what this first world countries implement the third world countries will readily accept I/m glad my country although not considered as first world countries readily accept this technology.

developed countries are indeed very sensitive to technological developments, so when there is technology developing, they will definitely try it. in addition, developed countries are assessed because the income owned by people in them is quite high, so it is only natural that they try to broaden their business horizons with technology such as crypto.

the latest technology comes from developed countries as well, so it is not surprising that by prioritizing the human resources of the people they can follow it and provide opportunities for them to develop the personal economy of their communities.

[spike420211]

Probably because in economically developed countries people tend to see significantly more opportunities in the global economy than the same people from less developed countries. I think this is due to the coverage of basic human needs.

[imstillthebest]

Lol are you sure about that ? What if i tell you that most of the bitcoin/crypto users are from third wold economic countries ?  Dont believe me ?  Well look and scan every section of this forum  . most 3rd world countries are not yet developed but this isnt a hindrance to them to participate on cryptos because cryptos such as bitcoin is their stepping stone to reach their dreams and also to improve their economy  .