Why Most Bitcoin Users From Good Economies Countries?

[Joushi]

We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.

Because they know good about investment.As bitcoin is a easy and benifited place to invest so they are interested to involve with bitcoin

[ASHLIUSZ]

I don't think such a situation is prevailing within the cryptocurrency network. People from the economically grown countries have a good understanding about digital growth as well easily accept the innovation that is available for effective functioning. In this manner we have got people from various countries around the world using digital currency than a specific group of people.

[andylioe78]

You must provide a good foundation for this. You can specify countries that you recognize as countries with good economic status that most users come from there. In your own point of view, but poor countries may not have Internet. So They do not know what bitcoin is.

[alexey14]

Bcz Most 3rd worlds countries People are Pussy.

[ss890]

We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.

I am not getting your deep insights here but I do know one thing that there is nothing like that there are more users from the Good Economic Country! I mean US is the best of all and still they have the banned ICO's all over and users have to use back doors to get into these projects. It literally means only thing that, after having so much money also they can not really pour their money into it with full freedom after having good economic background also.

My point being is its just about the different regulations that defines who gets in and who gets out. Only few days ago India banned the bitcoin however initially we thought there are not much users of bitcoin there but they are their after seeing the effect of this ban on the market. Express your thoughts on this!!!

[Gabash]

We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.

...Usually,  most bitcoin users are found in the  good economies countries, because their governments were higly updated on innovation of technologies for continuous improvements to their individual country. Actually, the government is the key to become successful to their own country.

[Olrac]

I think because users in these countries are more open to technology and knowledgeable about the advantages of blockchain technology. Regardless if the price go down, these users are optimistic because they know the market, they study and analyze the market more than the others.

[ethereumhunter]

I think because users in these countries are more open to technology and knowledgeable about the advantages of blockchain technology. Regardless if the price go down, these users are optimistic because they know the market, they study and analyze the market more than the others.

they can accept something that is new for them and they can learn about that things especially we are now live in the new technology which so many new technology release around us. and if we don't prepare from right now, we can be left without any chance to follow the technology. actually, many countries have open minded for new technology but they are not ready for something that smell like a currency because it will makes them cannot control like their fiat.

[378budiman]

countries with good economics can use bitcoin for online shopping but developing countries may not have the Internet difficult to understand about bitcoin.

[Xester]

There are many countries which have a good economic status but in my analysis you are talking about first world countries. First world countries majority of population have internet access and a large number of population knows how the economy works and most of them are engaging on stocks. This is the reason why first world countries have an advantage over third world countries. In third world countries there are only few bitcoin users since majority of the population are below poverty threshold and their primary concern is survival rather than investment or access to internet.

[mutrang23]

A vast country, with rapid economic growth, is dependent on its development policies and, in particular, on substantial government taxes. For Bitcoin anonymous crypto, the government can not know exactly who owns it, and it is difficult to tax it if it is legally accepted.

[spyerf]

because in a country with a good economy of course most residents earn well. and their existence is more able to accept advanced technology. whereas in developing countries only certain people can accept technological sophistication. because financial results are limited.

[Nilda]

No surprise there. It’s just second nature for most citizens of First World Countries to embrace new technology/currency. They don’t usually require a very lengthy explanation before investing in bitcoins.

[mimakter]

I am not so sure that the most powerful countries have a greater number of users. Strong countries such as Germany, Great Britain or the Nordic countries do not stand out as much in this sense as countries with a less strong economy such as Russia or India, although perhaps the main limitation for many countries is the educational issue rather than the economic or technological field.