I love the image and the claim..."90% of entrants are now outside of US"
Since the population of the US is still only 4.5% of the total population they still get twice as much representative per capita.
So based on those percentages, Mexico might be the newest crypto hub, lol!
The hole in cryptographic technology and research basically paved the way.for the current lack of cryptocurrency tech and research in the USA. Look at where the major crypto tech and blockchain projects are headquartered.these days — outside of the USA, because US software engineers.(and to an extent, mathematicians) lack the background to be useful.contributors to such projects.
And still, the US has the largest mining farms, hashrate, most Batms, a ton of companies running legally in the country, biggest investors, and still an influx of people from these crypto hubs that came into the US, funny enough they somehow love the evil decadent west more than their former countries.
I don't see that many Indian and Vietnamese on this thing:
https://buybitcoinworldwide.com/treasuries/A common question - especially after the Chainalysis report from 2022 which put Vietnam on top in terms of "crypto adoption" - put towards our direction is:
- Are those data are real?
- And if so, what are the underlying reasons for it?
Mostly made-up things based on surveys and fake data reported by exchanges to boost their numbers, if those assumptions would be true then wound;t this map of business accepting crypto look flipped?
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FJdg7QLV%2F62063849.png&t=665&c=7uGPTbcWe2VyEQ)
This area should have 32 million people, 7% ownership, which makes 2 million crypto users and only....
[img height-200]https://i.ibb.co/wSv7NNr/62063849.png[/img]
But yeah, probably none of the 90 million crypto owners in India is keen on adding business to this list. Seems, hmm, normal!