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Author Topic: 88% of Japanese have heard of bitcoin -- how about your country? --  (Read 1936 times)
goku1525
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April 08, 2018, 01:57:12 PM
 #281

In my country bitcoin is only famous in big cities alone that not everyone knows about BTC.
I think a lot of people knows about bitcoin in my country but not believing on the capabilities to earn huge moneys.Its difficult to force people with negative feedback and thoughts.Definitely they are not interested of the site and they think its wasting of time to join.

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April 08, 2018, 01:57:43 PM
 #282

thank You
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April 09, 2018, 06:40:44 AM
 #283

Investing in encryption in Japan is about the same as investing in stocks in China, but encryption is forbidden in China.


The number of people who know about bitcoin and the rest of the crypto coins and are busy in investing of huge amount of their income in Japan is far more than that of any other country and that this is the reason why the government of japan is also taking so many steps in promoting of crypto currencies as they really know that this will help them in making their economy much stronger.


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April 09, 2018, 08:18:02 PM
 #284

In my country, information about bitcoin is spreading quite slowly. Just not everyone is familiar with computer technology. And Japan is very advanced in this regard, it is admirable.

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April 19, 2018, 04:49:30 PM
 #285

Probably the same percentage when it comes to the Philippines. Bitcoins are all over the news on the Philippines. Sometimes good, most of the time bad. The media creates this sort of stigma to prevent Filipinos from ever investing in cryptocurrency. Which is weird because scam artists here in the Philippines, they use bitcoins to lure in uninformed investors to invest on these scams.

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April 19, 2018, 04:54:22 PM
 #286

I live in India and I can proudly say that almost 30% of Indians (which is quite a big number) know about Bitcoins.
But the worst part here is, the Government and media's mixture is trying their best to mislead everyone about its properties by saying that it is a get-rich-quick illegal thing that is purely based on speculation and possesses no real value and that - it's used mostly in illegal activities like smuggling, drugs selling, extortion, etc. Basically, they are adding all types of crimes to the name of Bitcoins to outlaw it from India. I still believe that there's some hope of light because there are exchanges which filed a case against the RBI (Reserve Bank of India) objecting their decision regarding regulated banks to immediately stop dealing with such entities who deal in cryptocurrencies.

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April 19, 2018, 07:45:55 PM
 #287

In my country, there are only few whi knows what bitcoin and cryptocurrency is. In fact, they know it as a scam and all the negative things they hear about it in the news and the social media. The world of cryptocurrency isn't that much explored since we are living in a third world country where nit all people has access to the internet. By which of course, bitcoin uses internet and such.

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April 19, 2018, 07:52:00 PM
 #288

I wish my country had such a good number but I doubt (Brazil), most people only "heard of it on the news" at best, but recently there has been a rise of companies accepting and using cryptocurrency on my country and that's wonderful!
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April 19, 2018, 08:07:13 PM
 #289

My country, somewhere in Africa is one of the countries with low percentages when considering people who have heard or are aware of bitcoin. I am not aware of any collected by any organisation but from my own inquries from friends and the people around me, about 10% of the people have heard about bitcoin.

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April 19, 2018, 08:14:30 PM
 #290

It is wonderful and quite encouraging to hear that this percentage of Japanese have heard of the virtual currency, bitcoin. It is not the case, in my country. I think the value is 23% here in my country. And information dissemination and education is partly responsible for this low figure.

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April 19, 2018, 08:48:35 PM
 #291

Moft of our people ( Turkey ) thinks it is a ponzi scheme....
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April 19, 2018, 09:01:55 PM
 #292

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,

This is my understanding too, still many developing countries are struggling for basic and common issues and needs of their people while on the other hand in developing countries there are no such issues as like japan that's why they can easily focus on other things too.
I am not saying that bitcoin and cryptos are not that important, but in all such countries considering other basic issues bitcoin doesn't seems a serious issue to discuss.

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April 19, 2018, 09:28:13 PM
 #293

Just 10-15% of people in my country heard about it.
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April 19, 2018, 09:40:04 PM
 #294

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."


Recently, I read information that in China and Russia, about 80 percent of the population did not hear about the crypto currency at all. I do not think that in other countries the situation is much better. Japan is very different from other countries, as, as everyone else says, it is a very high-tech nation that is very receptive to new technologies and is interested in them. In the US, this indicator of knowledge about the crypto currency is somewhere between 30-40 percent. If you look at the average, in the world, as I think, about the crypto currency knows about 10 - 20 percent of the population.

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April 19, 2018, 09:45:41 PM
 #295

Here in our country my wild guess is 10%. Cryptocurrency is not yet very popular here in my country.

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April 19, 2018, 09:48:48 PM
 #296

In my country, 75% of survey respondents said they knew bitcoin. However, the survey authors admit that the sample used was not representative enough.

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April 19, 2018, 10:20:08 PM
 #297

The awareness of bitcoin in my country is very low due to the fact that the level of technical know-how in my country is very low and at that most of the people in my country don't even know what bitcoin is talk more of knowing how to use it.

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April 19, 2018, 10:57:33 PM
 #298

I guess that in Europe the average should be a similar percentage, perhaps a little less. Of course, 99% of this who have heard about Bitcoin don't really know anyhing about it.

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April 19, 2018, 11:02:42 PM
 #299

It is normal since Japan is an industrialised country. Bitcoin and other trending things can easily adapt by every Japanese people because they are all technological oriented.
In my country, I thing 30% of the population have a knowledge regarding with bitcoin and 10% of them really knows about cryptocurrency because 20% are just aware from bitcoin as a largest valued digital currency. Even in my class, 3/13 people knows about bitcoin but they are confused about cryptocurrency and I explained it to them since I have a few knowledge about that.

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April 19, 2018, 11:16:43 PM
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I live in India and I can proudly say that almost 30% of Indians (which is quite a big number) know about Bitcoins.
Thirty percent of Indian population is a huge number considering their population but what are the major exchanges and the volume of trade coming from India.


I still believe that there's some hope of light because there are exchanges which filed a case against the RBI (Reserve Bank of India) objecting their decision regarding regulated banks to immediately stop dealing with such entities who deal in cryptocurrencies.
If the reserve banks comes up with regulation on how the fiat currency is used, do you think they have a chance to win the case, heard that corruption is really high and why dont you think on that route.  Tongue  Grin

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