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Author Topic: 88% of Japanese have heard of bitcoin -- how about your country? --  (Read 2128 times)
Lang09
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November 22, 2017, 06:48:31 AM
 #41

here in my country, in the Philippines. Bitcoin is not quite popular yet, But I believe it will soon become famous in our country because our Government recognizes Bitcoin as a cryptocurrency.
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November 22, 2017, 07:00:33 AM
 #42

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 terms of knowledge, I think the United States is too large to have a similar percentage (88%) of population that knows about bitcoin. The information about the coin is definitely being spread like hot cakes right now. ICO's and cryptocurrencies are a major hot topic for all kinds of investors right now just due to the returns that people get on them. However, that doesn't mean everyone knows about it. There is a significant population in the US filled with farmers and such that may not have the best education.

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November 22, 2017, 07:03:16 AM
 #43

in my country may be less than 5% of total  have heard of bitcoin and 2% only use bitcoin we are less than 30 member in my city and may be 2000 member all over country
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November 22, 2017, 07:10:35 AM
 #44

In my country maybe less than of 10% people have heard about the bitcoin but the fact is bitcoin is legalized in my country so soon all people will know about the bitcoins and I hope I can use my bitcoins directly without converting into fiat soon.
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November 22, 2017, 07:24:10 AM
 #45

That figure is a bit too high to believe, even after considering how technologically advanced Japan is. 88%? Seriously? I doubt whether that many people might have heard about PayPal or Visa. And to be honest, I don't think that Bitcoin is more popular than PayPal or Visa right now.
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November 22, 2017, 07:24:24 AM
 #46

My country does not know much about bitcoin. My country banned bitcoin. Making people no way to better understand bitcoin. This makes me sad, I am very optimistic about the future of Bitcoin. Sad
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November 22, 2017, 07:24:59 AM
 #47

In my country Croatia, it's like 1% xD

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November 22, 2017, 12:31:28 PM
 #48

Well, its not strange news to me if 47% of Japanese have used bitcoin in retail stores because almost every of their retiree have invested there retirement into bitcoin since last.
 Meanwhile, I'm from the country side so its hard for people on here to believe in bitcoin and it hard for me to estimate the awareness either but only 20% of people believe everything I said about bitcoin.

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November 22, 2017, 12:45:23 PM
 #49

This is a pretty astonishing fact, but with each poll I do at Bitcoin Meetups the percentage is getting closer and closer to that. There are a lot of people who have heard about it, but there are not a lot of people who have used it or know what it is. Understanding Bitcoin is the most important thing you can do for yourself right now because so many things in the future will stem from this tech.

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November 22, 2017, 12:58:24 PM
 #50

"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."


Japan population is close to 130 millions.
47% of them using bitcoin would mean over 60 million users.

The total number of transactions in the chain is 270 millions. And we would have to cut out around 20 millions that have been made by satoshi dice and luckybit.

So, that 47% number is pure garbage

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November 22, 2017, 01:02:08 PM
 #51

Here at my country 'The Philippines 🇵🇭, it is fast rising popularity is like a viral video on the net, one day no one knows about Bitcoin the next day its spreading like viral videos on the net 😊
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November 22, 2017, 01:08:38 PM
 #52

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."


Bitcoin is legal there so it's not that surprising that a lot of japanese people know about it, but i'm surprised about the 47% that have used it because that's a big number for a country. If you want to compare it to my country, i believe only less than 2% know about it because bitcoin is not regulated yet here. Information about bitcoin is rarely seen and only come from a few sources.

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DoublerHunter
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November 22, 2017, 02:19:43 PM
 #53

Most of the people here in my country are still clueless about bitcoin because they think that this is just a scam or joke that will not bring any positive or good thing for them. Bitcoin is a really great currency and Japan is one of the very first country that believed in bitcoin and fully adopt it and you can see the progress of their decision in the status of their country if we will look at the performance of bitcoin.
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November 23, 2017, 06:34:36 PM
 #54

I live in Ukraine and I often visit the website of the biggest Ukrainian bank. There's a bitcoin exchange rate displayed there which made me question what BTC was. That's how I found out about Bitcoin.

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November 23, 2017, 06:45:58 PM
 #55

I think 30% of my country already heard about bitcoin and only 15% of them are using bitcoin. This is a small population compare to Japan because this what I have notice. In my company very few know about bitcoin, even many of my friends doesn't know what is crypto currencies, the popularity of bitcoin is not that wide as for now but I'm sure in future time many will learn it and adopt it's market.

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November 23, 2017, 06:49:11 PM
 #56

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."


I saw news from my country. We know about the bitcoins a maximum of 15% of the population and another 10% just heard the word Bitcoin. It is very sad. But for hunters on the ICO - very promising)
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November 23, 2017, 06:50:43 PM
 #57

This is very high percentage but I would say it's expected in so developed country where new technologies are a must. But that is not the case in many other countries, including my. I would say that 88% of people in my country have never heard of bitcoin. It's still reserved to very limited number of users, usualy younger generations. Hope this will change but it will take time.

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November 24, 2017, 03:26:13 AM
 #58

This is very high percentage but I would say it's expected in so developed country where new technologies are a must. But that is not the case in many other countries, including my. I would say that 88% of people in my country have never heard of bitcoin. It's still reserved to very limited number of users, usualy younger generations. Hope this will change but it will take time.

Also interesting is venezuela,  situation there is shit and probably the reason people are hearing  about bitcoin.  As a safety net to rescue their wealth from inflation
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November 24, 2017, 03:30:29 AM
 #59

Wow I'm more happy about the 47% that actually use it. That's insane! Mass adoption is already there at this point. I guess the pool was pretty small but it's a pretty good indication nonetheless.
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November 24, 2017, 04:19:30 AM
 #60

I don't know how much percent of people in my country uses bitcoin. But as a student, in my assumption, 5 out of 30 people uses bitcoin and 25 out of 30 knows what is bitcoin, but have no interest, or maybe they just don't want to be involve for now. So if the total population of my country is approximately 106M people, I can say now that there are only 16% of our people uses bitcoin. If my computation is correct!  Grin
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