Bitcoin countries: top hotspots that use BTC

[Flagship11]

We cherish Bitcoin up here in the Great White North.
Thankfully its widely accepted at many places in BC. 

[hatshepsut93]

I'm not sure that Bitcoin volume on p2p exchanges directly correlates with overall Bitcoin use and adoption. Some countries might have good p2p exchanges while others have bad, there can be differences in their use due to some reasons like local banking rules, competition with local centralized exchanges, legal status, maybe even differences in mentality.

[MCobian]

America is still a country that has many Bitcoin holders, and many cities in America have become Bitcoin hotpots. So the number
of Bitcoin ATM machines in America is the most compared to other countries, based on the article I read, the number of Bitcoin ATMs
in America is around 6,000, out of a total of 8,000 Bitcoin ATMs around the world. But unfortunately the American government has
always been harsh and negative towards Bitcoin.

[Rafael_Carrero]

Unfortunately, my country isn't crypto firendly like most countries in the world now. Bitcoin is still associated with the shadow economy. People aren't educated about it or cryptocurrency in general.

[TGD]

Bitcoin is very famous in our country for being scam coin due to multiple ponzi scheme here that used BTC as mode of payment. BTC suffer a stigma for being a scam coin here in the Philippines. Although many user are well educated about BTC, the majority of people here including non crypto people know BTC as scam coin. There times during 2017 that our local news reported it as scam coin which is very sad for me and my fellow Filipino crypto user.

[Reid]

First of all, I appreciate the effort of the article.
Not everyone could make one. 

Why is Japan not on the top list?
Is it because they are using their digital currency more than Bitcoin or any other cryptocurrencies?
Sorry, that is the first country that pops up my mind when talking about Bitcoin adoption. Then, Singapore.

[DrG]

As Per Google Search Trends Data Past 5 Years Show Bitcoin Searches on Worldwide

1. Nigeria
2. Ghana
3. South Africa
4. Slovenia
5. Austria
6. Netherlands
7. Singapore
8. Switzerland
9. Australia
10. Pakistan

I didn't expect to see a top 3 of African countries here. On the other hand it could be that bitcoin is even more stable then the local currencies.

Just checked the top 10 countries with the highest inflation:
Venezuela   -2358%
Zimbabwe - 761%
Sudan - 167   %
Lebanon - 120%
Argentina - 39.2%
Suriname - 38.3%
Iran - 30.4%
Congo - 28.73%
Angola - 23.41%
Haiti   -23.4%

A lot of African countries but not the one of the top3. Maybe we will see the countries of the top 10 back in the Google Search Trends within a few months/years.

Back in the day when I was selling my original BTC GPU mining cards on Amazon I had a lot of buyers from Venezuela and other countries that used forwarding companies to ship mining hardware. Distribution wise Venezuela might not be up there but from a use case standpoint I can see the citizens preferring that as opposed to their overnight worthless currency.

To this day used video cards still sell well in those listed countries as long as electricity prices are reasonable.

[iTradeChips]

Philippines is not on the list and I don't think it will be because the people who know about cryptocurrencies and bitcoin are a minority here. Also the mainstream media here already painted bitcoin in a negative light, at the same time it is very, very rare for one to see news about bitcoin here. I am not sure if I am right but I really feel that Bitcoin is really something that many Filipinos have not heard of or maybe just chose to ignore.

[Alucard1]

Bitcoin becomes so popular all over the world, there are many countries adapted this decentralized financial system because of many beneficial things that it can give good benefits for every country that is using it. As we can see, most of the countries that are listed in the top hotspots that use BTC, Those countries are all now considered as rich countries maybe because of having good and advance technology so they can easily adapt cryptocurrency.

[onecall123]

WE ACCEPT BITCOIN - that's quote generally make me happy when I see it. Sadly, In my country bitcoin is restricted however blessed enough observed that sort of notice through digital media. Meanwhile, many countries and various online stores using it, and this things will proceed. Here OP make a good move presenting us with instructive data and I trust it will be refreshed after some time.

I hate the bank system but love to use bitcoin. It's means of payment all around the globe with no limitation. One day my country may recognize it.

[carlisle1]

list of the countries that have the most Bitcoin HODLers
1. The United States
2. Romania
3. China
4. Spain
5. Japan
6. Switzerland
7. South Korea

I usually don't trust such lists,because the information can't be verified and I'm surprised that Romania is ranked at number 2 for the country that has the most Bitcoin HODLers.This is weird.There must be a reason why there are so many Bitcoin HODLers in Romania-probably due to cheap electricity for crypto mining or very liberal cryptocurrency trading regulations.

How to believe those stats when we cannot verify how legit and in which portal they take the counts?i don't think Romania is much Bitcoin Holder against China or even Spain so basically those data are created in some purpose that may divert believers .

WE ACCEPT BITCOIN - that's quote generally make me happy when I see it. Sadly, In my country bitcoin is restricted however blessed enough observed that sort of notice through digital media. Meanwhile, many countries and various online stores using it, and this things will proceed. Here OP make a good move presenting us with instructive data and I trust it will be refreshed after some time.

I hate the bank system but love to use bitcoin. It's means of payment all around the globe with no limitation. One day my country may recognize it.

Don't worry there aer establishment that has been added time after time,and soon we will be seeing more of them that accept not only Bitcoin but altcoin also,it will be soon  as we are now getting closer to cashless society.

[stompix]

Why is Japan not on the top list?
Is it because they are using their digital currency more than Bitcoin or any other cryptocurrencies?
Sorry, that is the first country that pops up my mind when talking about Bitcoin adoption. Then, Singapore.

Because nobody has clear numbers, because addresses don't come with an ID, because transactions don't have the IP of the sender but of the node, because there is no real metric.
And the whole thing is stupid if an exchange is based in Lithuania but it has 99% foreign people with half of them being from the US, who is trading more, Lithuanians or Americans?
Putting a country there because some exchanges have a virtual office there is non-sense, comparing offshore countries where there ain't a single shop accepting bitcoin with others like the Czech republic and putting them ahead of it is again a sign of a superficial analysis!

Very nice topic.The country where I live right now are fully aware of bitcoin but the people here think only of how to get rich fast,I am located in Albania now and I see in websites like Craiglist which are local that people sell and buy from each other I see a lot of mining rigs being up for sale at cheap price I would say,700 EUR for a 6 GPU RX 570 rig in full working order.

That's a normal price, it's a 3 yo card worked to death out of warranty, already superseded by the 5700 last year, and above all, you realize that selling cards cheap already means they are not profitable anymore, otherway they would have already been sold or not sold at all.

[G_Besar]

Very good data and information, and I also saw that in many sources, almost on every continent, bitcoin is showing a good way. future prospects that are increasingly trusted by society. in the era of the pandemic bitcoin is still able to show positive points in the world.

[Shasha80]

A very good topic, because Bitcoin has grown so rapidly in 11 years, it makes us wonder who the top hotspots are using Bitcoin a lot.
I have no doubt that America is the country with the most Bitcoin holders, because several cities in America are quite friendly with Bitcoin.
Even some American companies save Bitcoin as reserve funds, most recently Paypal finally accepted Bitcoin. So it's no wonder that many
people argue that US president election has an effect on the price of Bitcoin.

[blckhawk]

Philippines is not on the list and I don't think it will be because the people who know about cryptocurrencies and bitcoin are a minority here. Also the mainstream media here already painted bitcoin in a negative light, at the same time it is very, very rare for one to see news about bitcoin here. I am not sure if I am right but I really feel that Bitcoin is really something that many Filipinos have not heard of or maybe just chose to ignore.

It's hard to believe but I think the reason is the technology we have in this country was only limited, it is limited only to those people who have an internet connection and a medium to access Bitcoin.
Moreover, if something news came up it's always negative, people who use Bitcoin upon their scheme and such. Fortunately, despite having negative allegations towards Bitcoin, the government didn't impose any regulations on it. Sadly to say but apparently, people are not yet ready to embrace this technology.

[maxreish]

Im aware that our country in Asia (preferably Philippines) aren't yet btc hotspot. Bitcoin ATMs here aren't that widely spread and less than 10 were just put up in few cities. Also, there areany rural areas here that wasn't reach new technology like this of blockchain tech.

Had a chance to visit the link. Nice to see countries who are very pro bitcoin which started the massive adoption already.

[Nhebu]

This is the good thing in my country. We are cryptocurrency friendly country because our government is still open for the development of crypto inside my country. We expect also that when time comes, cryptocurrency will be accepted anywhere in the globe. Making it more convenient for every people to use wherever you are in this world.

[TopT3ns]

This is the good thing in my country. We are cryptocurrency friendly country because our government is still open for the development of crypto inside my country. We expect also that when time comes, cryptocurrency will be accepted anywhere in the globe. Making it more convenient for every people to use wherever you are in this world.

I think to make cryptocurrency accepted in all countries will take a very long time because so far there are still many countries that are truly anti-cryptocurrency, even though like that the circulation of bitcoin is still nothing that can prohibit it, only altcoins can be controlled legally.

[ReggieBush]

Love to see these foreign countries slowly, but surely, coming to cryptocurrency!

[Dorodha]

I agree that crypto will take a long time to be accepted in the whole world in many countries crypto is not legal and does not know its proper use. But if Bitcoin countries are the top hotspots that use BTC then crypto will improve a lot. Also the growth of the bitcoin industry and its huge potential for change in the economy will begin to affect the traditional financial industry. In recent times top executives from well-known financial institutions have switched jobs to join Bitcoin-based companies.