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

[Kakmakr]

Japan is definitely not the global standard, because they are a true leader in adoption world wide. Since their government gave full support to Bitcoin <defining it as a currency>, large retailers started to accept it as a currency. Now you see Bitcoin symbols in every other shop and this sparked mass adoption.

In other countries, governments are cautious and still struggling to regulate it. <This will slow down merchant adoption and mass adoption> My guess is that global recognition of Bitcoin has not even reached 20% in most countries.

[pawanjain]

The count should have been more since Japan is more active towards crypto after USA. Japan holds a large number of population who buy crypto currencies and use it as payments in their regular life. Having more than 5000 merchants who accept crypto currencies Japan is still lacking behind since the number of BTC ATMs are very less in the country. Despite the facts I am still proud as Japan is taking a leap ahead as compared to other countries. I am from India and to be honest I am not proud of the fact that India is still not legalising BTC and other cryptos. I guess they are underestimating its potential and the benefits of crypto currencies.

[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.

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.

@shamie
Nice explanation, that's one of the reasons, The Philippine Archipelago which makes the remote area unable to reach the technology of Bitcoin. I will now decrease my percentage making it 50% since we have so many island.

@ranman09
Despite of that Grammar, I understand your thought. I know that show Ted Failon's Failon Ngayon a shit show of a shit network, the researchres didn't even paid some big efforts to clarify and verify things, they already painted Bitcoin as a scam thing which made casual people to think that Bitcoin is a scam which is also a big factor why Bitcoin adaption on our country seems slow. You heard the latest news? that Singapore and BSP signed an agreement related to Blockchain/Bitcoin so i guess we are still moving on adaptation even though it is very slow.

[CryptoConan]

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     :

This is damn interesting.

So US Baanks literally block your transactionn when you tell them you want to buy bitcoin? XD

[kevoh]

The widespread of the use of bitcoin in my country was as a reason of the rise in different Ponzi schemes, after the death of those Ponzi schemes and a lot of people losing their money and life savings, only a lesser percentage of that group that used bitcoin for Ponzi schemes continued with bitcoin and cryptocurrency in genral. The rest abandoned the use of bitcoin, therefore when you try to introduce bitcoin to them, the negativity brought by ponzi schemes to bitcoin always make them shrug and unwilling to invest or transact with.

So if I were to give a percentage on users, I would say about 2%.

[TTITA]

Japan government welcoming any fresh idea technology and adopt it when suitable for people improvement life.
While many country still worried about bitcoins usage and this advantages, including my country either. This way makes Japan steps would be appreciated to support bitcoins so far.

[24core]

In the country where I live I notice many people don't know about Bitcoin.  I have taught my own freinds alot about cryptocurrencies and now many of them have turned to investors.

It is our job to make sure we teach as many as possible about cryptocurrencys!

[Nahl]

japan officially admitted bitcoin as the currency that's why bitcoin users at that country increase rapidly but my country was very different that they still did not admit bitcoin as payment tools or investment asset because they said currencies should be had physical and bitcoin is digital so no matter how expensive bitcoin then my government will never admit it as currency but using bitcoin is not an illegal act so people still using bitcoin as usual in my country

[mrcash02]

There isn't a search yet about this subject on my country, I think it's not so popular like in other countries like Japan, India, Philippines, China... Where I live I don't know anyone who uses Bitcoin and when I tell them about it they don't have much interest. What I know is that about 3 millions of people are using Bitcoin in the world at this moment, but I can't say how they are splitted among the countries...

[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.

@shamie
Nice explanation, that's one of the reasons, The Philippine Archipelago which makes the remote area unable to reach the technology of Bitcoin. I will now decrease my percentage making it 50% since we have so many island.

@ranman09
Despite of that Grammar, I understand your thought. I know that show Ted Failon's Failon Ngayon a shit show of a shit network, the researchres didn't even paid some big efforts to clarify and verify things, they already painted Bitcoin as a scam thing which made casual people to think that Bitcoin is a scam which is also a big factor why Bitcoin adaption on our country seems slow. You heard the latest news? that Singapore and BSP signed an agreement related to Blockchain/Bitcoin so i guess we are still moving on adaptation even though it is very slow.

Well sorry for my Grammar, I have not yet. Is it the news where they issued regulations regards bitcoin exchanges? I hope that will speed the adaptation. I haven't heard of bitcoin exchanges that is located here in the Philippines though.

[Tszunami98]

Pretty much, Japan si the most mr, modern country. They always seem to embrace tehnology faster, maiybe this is because their people love gadgets.
In my country you can barely see a news about bitcoin, who knows , maybe 2018 BTC will make a big enough splash so we canr hear it too.

[winderx]

thats good, more countries is begining to accept Bitcoin already

[BILGPS]

I can’t explain in percentages but I am roughly says that now the people are knowing it that now the digital currencies is also used in various markets and countries are accepting the digital currency the hotels and big malls are also accepting this if in percentages I will say that 40% of my country knows yet.

[jech1028]

Philippines I think less than 1% heard about bitcoin. we have poor information dissemination when it comes to bitcoin. I think maybe the big banks does not want for the people to learn about bitcoin because it would affect there business. Those Big whales.

[NightWatchHKG]

Pretty much everyone below the age of 50 in Hong Kong has heard of Bitcoin in addition to other cyrpto

[gajebo]

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."

yes i am sure in japan country the survey may be true. but different for my country, almost 70% do not know even do not care. only groups and communities are scattered in my country. but maybe for the next few years bitcoin users will be increasingly around the world.

[cryptobullx]

In my country (sri Lanka) 95% peoples don't know about bitcoin or cryptocurrency.

[Golftech]

well from where am I know they've heard and think about bitcoin in a different ways as one giant TV network created a report about bitcoin claiming that it was a scam and not safe to invest with, so instead of having more people to be attract with this investment it went to the other side. but I'm still looking forward that this perception will be change in the long run.

[chip211]

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 up to 60% know bitcoin because they see it in national media. But what they hear and see are the risks that bitcoins bring as well as if they use it, they may be offenders because my country bans bitcoin.

[OneSortieMan]

I have seen a few places that accept bitcoin here in South Korea albeit it was in the town of Itaewon which has the highest concentration of foreigners in South Korea