Which Countries Are Leading in Bitcoin Adoption?

[Cyberczar]

It is easy to sense the attitude of different governments and sometimes sub-regions towards digital currencies. For instance, the Indian sub-region is antagonistic (take another look at Pakistan and India, we may even add China). Europe is tolerant but cautious, the US skeptical and aloof, most third world countries looking out for dominant trend, those countries with bad economies accomodating to the point of embrace (Iran, Zimbabwe, Venezuela, etc). Now looking at this article, https://cryptoinfowatch.com/japan-and-australia-continue-to-make-giant-strides-in-crypto-adoption-for-travelers/ it seems the far east are ahead but not quite sure judging from what's happening in the Baltics and Eastern Europe. What's the rate of adoption in your country?

[proTECH77]

I just stubble on the 10 top cities and their countries that at lead in Bitcoin adoption. These countries have good reputation whenever Bitcoin is discuss also most of them have adopt the use of Bitcoin ATM. Here is the link to Top 10 cities that embrace Bitcoin below
 https://www.investopedia.com/articles/forex/042415/10-cities-leading-bitcoin-adoption.asp

[waterman]

Yes 3rd world countries are embracing the bitcoins more than the first world countries. They are embracing cryptocurrencies or any other currencies like USD or Euros this due too bad economies, inflation, sanctions and bad economic politics and corruption of their governments the perfect example for that, of course, is Venezuela… Venezuela it is now the 3rd country in the world that trades bitcoins the 1st is the United States and the 2nd Russia and the 4th United Kingdom

[jcpone]

Yes 3rd world countries are embracing the bitcoins more than the first world countries. They are embracing cryptocurrencies or any other currencies like USD or Euros this due too bad economies, inflation, sanctions and bad economic politics and corruption of their governments the perfect example for that, of course, is Venezuela… Venezuela it is now the 3rd country in the world that trades bitcoins the 1st is the United States and the 2nd Russia and the 4th United Kingdom

I think developed countries such as US, Canada, Australia, South Korea, are bitcoin-friendly countries; though their governments are doing their best to somehow regulate them in a way not going away from the principle of decentralization. Those regulations are being set up to reduce the fraud and scam. Their priority is to protect their people from illegal transactions. It should be balance in a way.

[Olayinka225]

As to my own opinion, I will say it's the CHINESE. Alot is coming from them into the crypto world. They are all on the verge to improve the crypto world space though they too have there own sort comings but they're improving the so called crypto everyday.

[andika2018]

It is easy to sense the attitude of different governments and sometimes sub-regions towards digital currencies. For instance, the Indian sub-region is antagonistic (take another look at Pakistan and India, we may even add China). Europe is tolerant but cautious, the US skeptical and aloof, most third world countries looking out for dominant trend, those countries with bad economies accomodating to the point of embrace (Iran, Zimbabwe, Venezuela, etc). Now looking at this article, https://cryptoinfowatch.com/japan-and-australia-continue-to-make-giant-strides-in-crypto-adoption-for-travelers/ it seems the far east are ahead but not quite sure judging from what's happening in the Baltics and Eastern Europe. What's the rate of adoption in your country?

Japan is early country that adopting bitcoin and bitcoin can use as payment in their merchant and restaurant. Different with japan, my country still prohibit bitcoin if used for payment but i think bitcoin in grey area because we can trade bitcoin in our local exchanger and government think its a commodity

[biskitop]

in Asia, maybe Japan and Korea are still the highest adopting crypto. because developed countries will continue to be open to new technology.

[BTCGOLD]

The most advanced country in Bitcoin adoption is definitely Japan. Blockchain related companies in Malta have very favorable conditions for development, so in my opinion shortly it will be leaading country in EU. I also think that the US and Australia are doing very well.

[b3llsf1l3s]

I just stubble on the 10 top cities and their countries that at lead in Bitcoin adoption. These countries have good reputation whenever Bitcoin is discuss also most of them have adopt the use of Bitcoin ATM. Here is the link to Top 10 cities that embrace Bitcoin below
 https://www.investopedia.com/articles/forex/042415/10-cities-leading-bitcoin-adoption.asp

I don't know why Malta isn't on the list, even though if we saw the previous event, many projects and even MBS were held there. MBS could be proof that Malta is worthy of being one of the countries that adopted bitcoin. I even don't know why it should be San Francisco

[BrewMaster]

i think it is hard to say, there are so many countries that are obviously adopting bitcoin more than others such as Japan that was mentioned and a couple of more like Germany, Switzerland, Australia,... but then we see some big adoption cases in some other countries that you don't think is possible. like the Venezuela or many of the African countries and some other third world countries in the middle east. so it is hard to say which one is in the lead in my opinion.

[TBboys]

I think Russia is better in this respect. They have Ethereum, which is currently the most successful altcoin. In addition, I think China, Japan, South Korea and other East Asian countries have also made great contributions to crypto.
In contrast, the United States, Europe and other countries are lagging behind the development of crypto, but I believe they will lead soon.

[Kakmakr]

We have a bit of a strange situation here, where the developing countries are seeing the full potential of this technology, but they are cautious with the regulations, because they still want to protect the old Fiat system. <The one that they can control>

Then we have dictators in third world countries that wants to hang onto the power they have over their citizens finances and the institutions that control it and the people wanting their freedom from these corrupt governments.

We also have the elites in control of the financial system, that does not want Bitcoin to succeed and they have control over some governments. <Corrupt politicians> 

Japan seems to be the most open minded government at the moment. 

[mitchr4]

In my opinion there are 3 countries that are the highest in bitcoin adoption among those are Russia, Japan and South Korea. But I prefer Japan as the country that pioneered the use of bitcoin not only in the internet but used in the real world there have been many outlets there that have supported bitcoin payments.

[Hivalley]

3rd world countries I think tend to embrace this technology more as its an escape route for them from poverty,at least so they think,though they have got a few constraints ranging from lack of understanding of the network,to lack of trading capital etc
I think to me the Asians are the ones Most involved in the cryptocurrency network and the adoption of the network spreads faster over there

[alonelyorange]

Have several country have allowing for using bitcoin as transaction payment, but first country have popular and make bitcoin more expensive is China, after banned for using bitcoin right now United stated have allowing for using bitcoin.

[cabron]

in Asia, maybe Japan and Korea are still the highest adopting crypto. because developed countries will continue to be open to new technology.

I've watched documentary about bitcoin recently and Japan has adopted this widely that even their hotels and musicians are already accepting bitcoin. They do have  restaurants accepting bitcoin which most of those who uses bitcoin gather there just to meet up. Interesting that we don't see it much to other countries that are so fond of it but maybe Malta has also these kind of restaurants.

[bitbunnny]

Yes 3rd world countries are embracing the bitcoins more than the first world countries. They are embracing cryptocurrencies or any other currencies like USD or Euros this due too bad economies, inflation, sanctions and bad economic politics and corruption of their governments the perfect example for that, of course, is Venezuela… Venezuela it is now the 3rd country in the world that trades bitcoins the 1st is the United States and the 2nd Russia and the 4th United Kingdom

That fact for third countries is true. They don't have nothing to lose and probably think Bitcoin might help them. They are not so worried about regulation and legitimity of Bitcoin.
Still I wouldn't agree that USA, Russia and UK are leading countries. Maybe yes regarding the volume of trading but if we look at fornal support, regulation and adoption of Bitcoin then to my opinion among first countries would be Japan, Singapoure and Netherlands.

[sunsilk]

If we will have a reference through: https://coin.dance/volume/localbitcoins

It's about the volume on localbitcoins per country. This will give you an idea on which countries are doing well with bitcoin and I think its a good reference through localbitcoins though we can still consider other resource.

We have our own basis and opinions on what countries are leading the bitcoin adoption. And that depends on the news that we've been hearing out through news channel about the acceptance and regulations like news from Malta.

[Sexie]

It is easy to sense the attitude of different governments and sometimes sub-regions towards digital currencies. For instance, the Indian sub-region is antagonistic (take another look at Pakistan and India, we may even add China). Europe is tolerant but cautious, the US skeptical and aloof, most third world countries looking out for dominant trend, those countries with bad economies accomodating to the point of embrace (Iran, Zimbabwe, Venezuela, etc). Now looking at this article, https://cryptoinfowatch.com/japan-and-australia-continue-to-make-giant-strides-in-crypto-adoption-for-travelers/ it seems the far east are ahead but not quite sure judging from what's happening in the Baltics and Eastern Europe. What's the rate of adoption in your country?

https://u.today/10-bitcoin-friendly-countries-that-legalized-cryptocurrency
The United states of America , Canada , UK and Australia are the leading countries adopting bitcoin. These are the countries which have the most  bitcoin holders  and users. They have the most exchanges companies  for bitcoin and cryptocurrencies  legally.

[TravelMug]

There's a lot of factors that we need to consider, like regulations and the volumes of trades for a particular country to say which one is leading. But probably countries like Japan, South Korea, Malta, US, UK or Canada or even Germany and Singapore will have a strong amount of crypto adoption.