Post
Topic
Board Bitcoin Discussion
Re: Do America and England follow bitcoin?
by
DomainMagnate
on 30/01/2017, 20:10:00 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 percentage wise yes England and America has more bitcoin users than in Asia but if you consider that India and China have combined population is more than 2 Billion and even if just 1% of there total population uses bitcoin,it would be around 10% of US population
no doubt about this that England and America are also using bitcoin. but i do not think that the users of these two counties are more that Asia, because in Asian we have three big countries who are using bitcoin. the Chines, the Indian and the Russian. although some other countries like Pakistan, Iran Saudi Arabia also have their contribution but not so much.
Not just bitcoin but it seems that China will also be the home of most cryptcurrencies in near future.A lots of Chinese crypto projects have either started working and many are still in pipeline.I believe soon China will out number USA and England not only bitcoin in bitcoin but also in Altcoins.