88% of Japanese have heard of bitcoin -- how about your country? --

[dragons_are_secure]

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."

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[fiulpro]

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..

[pooya87]

well the difference between Japan and other countries is that Japan has adopted bitcoin as a legal way of payment which means they have accepted it as a currency, additionally the removal of taxes on bitcoin payments is an additional perk that helps with the growth and popularity of bitcoin in their country.
the rest of the countries however, have not done anything like that. most of them anyways. they may have announced it to be legal but there are always rules in addition to that for usage of bitcoin which sometimes make it restrictive. and many accepted it as a commodity not a currency which is why it is not as popular there.

[Supreemo]

well the difference between Japan and other countries is that Japan has adopted bitcoin as a legal way of payment which means they have accepted it as a currency, additionally the removal of taxes on bitcoin payments is an additional perk that helps with the growth and popularity of bitcoin in their country.
the rest of the countries however, have not done anything like that. most of them anyways. they may have announced it to be legal but there are always rules in addition to that for usage of bitcoin which sometimes make it restrictive. and many accepted it as a commodity not a currency which is why it is not as popular there.

,this is may be the main reason i guess why most Japanese knew about bitcoin's existence as their secondary method of payments which are also being adopted to most of the merchants in Japan. in different countries as you've said that they doesn't do anything like that, is also the main reason why instead of bitcoin being heard all over it only sounds like it is just another thing to use if you have it, or in short instead of adapting into innovation they tend to prevent the changes.

[centralbanksequalsbombs]

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."

Today, Bitcoin is probably almost 1% adopted by people all around the world. Even in the most adopted country, the USA, most people have no idea what Bitcoin really is. Japan, may have a slightly higher number in percentage terms.

Bitcoin has been banned all over the world by all big banks in nearly all countries since 2013 (for over 4-years) and the banks have completely failed at stopping Bitcoin's growth. At a bank, just try to do a bank transaction say its for "Bitcoin" and watch your transaction be blocked for review.

BUT Everyone in all countries are still finding a way to get Bitcoins. They simply never say "Bitcoin" when dealing with banks. People are smart.

Nothing can stop Bitcoin as it reached escape velocity back in 2013.  What do you think everyone's been doing for the past 4 years??

Bitcoin has been unstoppable growth since 2013.

Wait until we are closer to 3% adoption in the world.

Once we hit 4% adoption in the world, then Bitcoin = mainstream.

Let that sink in.


Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries):
https://coin.dance/volume/localbitcoins     :

[steadyrice]

I'd say Japan is not a good indicator of things like this. They are a fairly high tech country with a lot of people in the position to both find out about and have direct access to technology.

Speaking about my country, I'd say we are atill not past the stage of "is bitcoin gambling?"

[Canoppo99]

I don't the precise percentage but maybe less than 0.00001% aproximately. Many country has big population, my government also still do not legalize bitcoin.

[rjbtc2017]

As you all know, Philippines is a poor country, and they don't see Bitcoin as a form of payment, or a secure currency but as a form of Investment, I saw different Investment firms and also Financial Advisers/Firms uses Bitcoin as a form of Investment, they even said that they will teach the participants on how to generate profit from Bitcoin, which is currently impossible since they cannot even dictate what will be the price and how will they handle their investments when bitcoin is volatile. As for the percentage, I think 99% have heard Bitcoin since there is a Television program that reported the Scam relating to Bitcoin, as for the Knowledge and Idea, I think lower than 10% knows the technology behind Bitcoin and the Idea of Cryptocurrency.

[12asphilip]

Not surprising to say the least. The people in Japan are always in the know.for technological advancements, and being one of the countries with the highest literacy rate at 99%, it's not new for their people to hear about these kind of things.

[Shamie1002]

As you all know, Philippines is a poor country, and they don't see Bitcoin as a form of payment, or a secure currency but as a form of Investment, I saw different Investment firms and also Financial Advisers/Firms uses Bitcoin as a form of Investment, they even said that they will teach the participants on how to generate profit from Bitcoin, which is currently impossible since they cannot even dictate what will be the price and how will they handle their investments when bitcoin is volatile. As for the percentage, I think 99% have heard Bitcoin since there is a Television program that reported the Scam relating to Bitcoin, as for the Knowledge and Idea, I think lower than 10% knows the technology behind Bitcoin and the Idea of Cryptocurrency.

I think it's not just its a poor country you know though I agree. As we have all know, the Philippines is an archipelago which means when there are such technology adapted in a specific area, it's not possible that it will be equally be adapted by every island. So I think that maybe Filipinos do heard about bitcoin but not widely. Guessing about sixty percent only.

[ranman09]

As you all know, Philippines is a poor country, and they don't see Bitcoin as a form of payment, or a secure currency but as a form of Investment, I saw different Investment firms and also Financial Advisers/Firms uses Bitcoin as a form of Investment, they even said that they will teach the participants on how to generate profit from Bitcoin, which is currently impossible since they cannot even dictate what will be the price and how will they handle their investments when bitcoin is volatile. As for the percentage, I think 99% have heard Bitcoin since there is a Television program that reported the Scam relating to Bitcoin, as for the Knowledge and Idea, I think lower than 10% knows the technology behind Bitcoin and the Idea of Cryptocurrency.

I think it's not just its a poor country you know though I agree. As we have all know, the Philippines is an archipelago which means when there are such technology adapted in a specific area, it's not possible that it will be equally be adapted by every island. So I think that maybe Filipinos do heard about bitcoin but not widely. Guessing about sixty percent only.

I think its 10% heard? (correct me my fellow men ). As here in the Philippines it is somewhere considered as a scam. Not because they know  it technically but because of the those news people see. Scammers used bitcoin as their propaganda (using its good qualities) and then abandon those investors with nothing leaving bitcoins name wrecked. I think it will need more time for here to adopt it. As soon as you say bitcoin here they will ignore you and will wait for you to cramp crying and then they laugh. But that never happened haha. Good ol bitcoin.

[CryptoConan]

Here in Germany I have the feeling that most people have no idea about Bitcoin.
And if they do, they largely shout "Scam" without prior research.

Oh what a lovely brainwashed country this is

[Karakyli]

I think such a large percentage of awareness of the crypto currency is inherent only in Japan. In other countries, such awareness is very low. In Russia and China, about 80 percent of the population did not hear about the crypto currency at all.

[The_Dark_Knight]

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."

It is very interesting to see that so many people know about bitcoin in Japan, I have never seen statistics like this released in my country but I speculate that if they did I would guess than less than 1% of the population of my country knows about bitcoin, not even people that know about technology know anything about bitcoin and I know because I have the opportunity to meet a lot of engineers.

[phelbaby]

let's say about 40% of my country knows about bitcoin

[CryptoConan]

let's say about 40% of my country knows about bitcoin

May I ask where you live?

[squallw]

I guess 10% of my country heard about bitcoin, but only 0.1% or less bought it.
Well, japan is currently bitcoin paradise!

I lived 7 years in japao by the way, maybe i will return there in near future  

[jseverson]

This is not surprising at all. Bitcoin has been quite big in Japan for a while now. Even the Mt. Gox scandal was basically based there. It would be hard not to have heard of it. Still, though, even Japan, one of the most welcoming countries for Bitcoin has a long way to go. The headline can be a bit misleading as it somewhat implies that Japan as a whole is into Bitcoins, but majority (56.2% according to the article) doesn't even know what it is. If it's this bad in Japan, then I can only imagine what statistics would say on other countries.

Still, I wish every government were as progressive as Japan's. I'm sure the market would boom if every country were as open to technology.

[newwest]

One of the reason is that Japan govt has official legalized the btc in their country due to which the awareness rate is so much high. Another thing is that due to this they are dominating the btc space now and Japan and US leads the btc trades per day.

[ciplut]

If in my country people who know bitcoin very few not to 50%, and many people prefer gold investment or saving for future savings later