Newsflash, Chinese economy is currently biggest in the world and interesting thing is that while all other countries suffered a lot during circus corona, China reported big growth of their economy, so think about that.
China is the circus and their economy is not healthy as their government claims to be. Components in Chinese economy are easier to be collapsed than in the USA. The government reacted to be arrogant and rude too soon that definitely affect the global responses against China. More harm than good effects for China in long perspective.
I don't think that any specific country is leading the bull run but United States are for sure leading in terms of inflation and debt that can indirectly affect Bitcoin price as purchasing power of dollar is rapidly going down.
You are right but manipulations are prepared and triggered at right time. After that, all things will be automatically done.
Vietnam? very interesting data, how can it even higher than India or even Australia (who have adopted bitcoin since 2017).
I am surprised too.
They always banned bitcoin
It is a misleading term. China have never accepted Bitcoin so please don't say "China ban Bitcoin, China unban Bitcoin"
they cannot control its people by owning Bitcoin anymore, sooner or later they'll make this one legal as well.
It is one of main purposes of satoshi to create Bitcoin. Be your own bank.
It's good to see richest countries on top, that only means to me they are indeed supporting Bitcoin.
Richest nations can have bigger bitcoin adoption in their populations. Nevertheless, it is probably not true at all. They only need the richest classes to invest in Bitcoin, with their dominant capital. Only investments from the richest would be enough to contribute to total capital investment into Bitcoin for rich nations.
Basically, in any nation, 80% of assets probably are holding by 20% of population.
I mean India is second most populated but it does not mean that each and every Indian is involved with the bitcoin.
Exactly. We don't have enough data, or at least two important figures
- Rate of crypto adoption in Indian population
- Total capital that is invested into cryptocurrency then how many of them are from the Indian rich
- Not always true but the rich tend to be more wisely with their investments and mostly will end with profit rather than losses for the crowd