Post
Topic
Board Bitcoin Discussion
Re: Do America and England follow bitcoin?
by
BillyBobZorton
on 30/01/2017, 15:47:50 UTC
It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?

yep
as for user adoption.. UK and US are the power houses.
..developing countries are well behind and struggling due to things like tx fee's pricing them out of seeing utility in it (a tx fee can be a couple hours labour in some developing countries)

as for mining.. asia and europe are are power houses.
..western countries just cant afford the cheap manufacturing of asics or the cheap labour and cheap electric to beat the east

as for services, merchants.. US, canada and europe are the power houses.
.. again eastern/southern countries cant afford the utility of buying things with it due to fee's

I think it will stay like this. US and UK will remain top coders, but North Europe and Canada got some big coders too, and im sure in other countries too.

But what will for sure not change is china and other EE countries being top miners. How can we ever change this if they get cheap ass electricity?