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Author Topic: 88% of Japanese have heard of bitcoin -- how about your country? --  (Read 2135 times)
Ausgewielt
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March 27, 2018, 04:05:59 AM
 #221

Japan has enough infrastructures that allows their citizens to use bitcoin. Since the war possibilites in north korea is growing then it seems that people in japan and south korea are preparing to safe their wealth. Implement bitcoin as medium of exchange is not as easy as we think, it's not only about wallet in our smartphone but also need other software that will manage the transactions an make sure that there is no fraudulent in every transactions.

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March 27, 2018, 04:27:43 AM
 #222

Japan has enough infrastructures that allows their citizens to use bitcoin. Since the war possibilites in north korea is growing then it seems that people in japan and south korea are preparing to safe their wealth. Implement bitcoin as medium of exchange is not as easy as we think, it's not only about wallet in our smartphone but also need other software that will manage the transactions an make sure that there is no fraudulent in every transactions.
Don't really think that all those japanese saving their wealth in form of bitcoin for the upcoming war possibilities, it's just their country that really welcome to a new advanced technology and specially in this case, an advanced financial technology.
Unlike 3rd world countries, 1st world country tends to advance their technology furthermore because it's the core of good civilization and japanese government or blockchain organization there always promoting bitcoin and othercoin through various advertising method so not surprised.

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bryant.coleman
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March 27, 2018, 04:32:37 AM
 #223

TV stations, newspapers and even our own government has tackled about what bitcoin is thus i believe a large number of our population knows the existence of bitcoin but i believe only a small portion of it are engaged in bitcoin, say 15% at the most.

15% is a huge amount, because world-wide there are only around 100 million Bitcoin users (1.5% of the global population). In the developing nations, this figure can be below the 1% mark. So I would say that the Bitcoin adoption in your country is 10 times higher than the global average.
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March 27, 2018, 04:47:35 AM
 #224

I'd be curious if Bitcoin Forum members can chime in on what the estimated awareness might be for their region or country:

  https://news.bitcoin.com/survey-japanese-bitcoin/

a quote:
 "A recent survey of 10,000 men and women across Japan shows that 88% of them have heard of bitcoin. Among those that have bitcoin, 47% said that they have used it in retail stores but long-term investment is most respondents’ main reason for purchasing bitcoin."



Thats huge number from the Japan side and why it wouldn't be. I mean they already have recognised the bitcoin as legal tender and it is obvious that they will use it as primary source for transacting, earning and much more other activities. Thats why the number is huge.

In my country, India, the number is not much in legal sense. I mean people might be using it but they might not wanna share the personal investment as we are under radar of income tax department. I would say the number is above 20-30% roughly but not sure as I am saying that by looking at the users of most wanted wallet in India.
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March 27, 2018, 05:10:17 AM
 #225

I think a lot of people here in the Philippines know about bitcoin but most of the time they fear get into it because they think its a form of scam but some people think it is a way to make them rich but as mode of payment i think this is not suitable in this country and here in the Philippines when it comes to internet connection we are one of the slowest.
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March 27, 2018, 05:26:18 AM
 #226

Japan now embraces cryptocurrencies and can use Bitcoin on a large scale. This is an open country. This is good news for Bitcoin.
Galina12
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March 27, 2018, 03:24:37 PM
 #227

Yes, Japan legalized bitcoin. Japan is a good example for this. Here in my country, in the Russian bitcoin is already becoming popular.. According to the survey, 28% of Russians are aware of the existence of crypto-currency.
Among them, 39% consider buying cryptocurrency profitable investment, and another 29% - reliable. Bitcoin is very useful and it is not that bad to learn about it.
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April 02, 2018, 11:55:53 PM
 #228

88% is an impressive figure, especially if we compare it with the figures that would surely have in regions such as Africa or Latin America, and that speaks of the great technological culture of Japan that makes it an example to be followed by the other nations of the West.

In my country there is still a great ignorance in the field of cryptocurrencies, because the people of this country only use the Internet to watch funny videos on Facebook or YouTube, besides that the issue of finances is absolutely unpopular here. If 15% of the population in my country has heard of bitcoin, it would be too much.
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April 03, 2018, 12:38:27 AM
 #229

I'd be curious if Bitcoin Forum members can chime in on what the estimated awareness might be for their region or country:

  https://news.bitcoin.com/survey-japanese-bitcoin/

a quote:
 "A recent survey of 10,000 men and women across Japan shows that 88% of them have heard of bitcoin. Among those that have bitcoin, 47% said that they have used it in retail stores but long-term investment is most respondents’ main reason for purchasing bitcoin."




In my country, just only those who discovered  and knows  how to join every Bitcoin projects were the one using it. Maybe 10 to 15 percent of us. Internet here is not been developed well especially when so far way from the City. People not been familiarized with Bitcoin. They always say that it is all scam. It takes time for some people to understand about Bitcoin. Through my experience, I was then hard, but I need to discover more about Bitcoin, as people who joined here made their dreams come true.



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April 03, 2018, 12:43:47 AM
 #230

The country I live ... thinks bit is a piece of something ... Roll Eyes

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April 03, 2018, 01:04:41 AM
 #231

That's amazing. I envy them because they see it as a good for long-term and it has potential which is the opposite in my country. Only less know about it and it's always used to scam people buy using blockchain jargons.
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April 03, 2018, 01:14:08 AM
 #232

In the Philippines more people gaining knowledge about bitcoin and I think 40% heard about bitcoin 20% used  bitcoin and 40% never heard of Bitcoin.
This studies tho are based on quite low number of people questioned, so results could be not that accurate.
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April 03, 2018, 05:22:13 AM
 #233

With Bitcoin getting better and better, people know that nature is increasing, and some people think that it is unbelievable, but people who really enter the industry are attracted by its enormous interest. People in our country It is also generally known, but few people actually enter this industry.
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April 03, 2018, 05:32:44 AM
Last edit: April 03, 2018, 10:02:34 AM by KrishaBitcoin
 #234

I'd be curious if Bitcoin Forum members can chime in on what the estimated awareness might be for their region or country:

  https://news.bitcoin.com/survey-japanese-bitcoin/

a quote:
 "A recent survey of 10,000 men and women across Japan shows that 88% of them have heard of bitcoin. Among those that have bitcoin, 47% said that they have used it in retail stores but long-term investment is most respondents’ main reason for purchasing bitcoin."



Here in my country i think Bitcoin is not that popular because our government is not in concern about it right now in which Bitcoin here is not declare legal but not ban so therefore we are not wasting this opportunity to earn Bitcoin without tax as much as we could because sooner or later when Bitcoin may become more popular and become famous here it will call the attention of the government and might make a move that may threat the existence of Bitcoin.

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April 03, 2018, 06:52:33 AM
 #235

The youth in my country are beginning to be aware of the bitcoin business but our government is campaigning against bitcoin investment and the people are skeptical for now but non the less bitcoin awareness in my country is getting stronger by the day.
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April 03, 2018, 08:16:11 AM
 #236

I don't know about my country but if I were to guess based on my experiences, I would say about fifty percent have heard about bitcoin
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April 03, 2018, 10:06:27 AM
 #237

I don't have any survey behind my thinking, obviously, but if I were to estimate that number, I would say that it is between 10% and 20%. Bitcoin was recently a hot topic in media (mainly due to FUD that was raised by government-related groups of interest) and this is why I would say that it may be even slightly higher than that.
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April 03, 2018, 11:31:34 AM
 #238

My country is a developing one so not everyone does have access to Internet and these cryptocurrency news and stuff..thus..there is a huge division of people that are cut off from the whole world and out of them the major are farmers and beggars and their population is quite high ..almost.. 50% of the population in my country would have never heard of bitcoins for sure..and even those remaining 50% one should subtract the old people and the babies and the housewifes..and i think after roughly estimating the number will be around 10%.. if not less.
Well japan is technologically advanced thus its something that was forseen..

I agree, japan has been like a vanguard in the cryptocurrency world and somehow manage to make bitcoin acceptable in the eyes of the norm I observe that even here in a third world country where I stay a huge majority of people in the middle and lower class have somehow managed to heard and have a glimpse of what bitcoin is which is really outstanding.

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April 03, 2018, 02:28:01 PM
 #239

I don't know about my country but if I were to guess based on my experiences, I would say about fifty percent have heard about bitcoin

same here with me because I am not very active to promote about bitcoin in my city but I often to said to my friends which don't know about bitcoin and tells them that I work in a job related with bitcoin. but I think from the last December, I think many people know about bitcoin but they don't think that it's a new way to make money because they still do traditional jobs in the office and they don't follow the news about bitcoin.

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April 03, 2018, 02:30:40 PM
 #240

88% is quite high, even for a developed country such as Japan. I am also living in the first world, but I really doubt whether more than 50% of the residents here have heard about Bitcoin.
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