Post
Topic
Board Economics
Re: Asians are the most bitcoin holders in the world.
by
BaraxLo
on 29/09/2018, 05:46:50 UTC
bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me
I dont think so. Bitcoin can now be shared to countries around the world. Asians cant be the continent that holds the most Bitcoins. Investors have sold Bitcoin to other people on different continents. So we cant conclude that Asians hold the most Bitcoins.
Actually majority of the countries in the Asian Continent have banned cryptocurrency. It does not have a legal tender in India, Pakistan, Bangladesh and even in China it has been the victim of law and enforcing agencies.

They just banned few crypto exchanges and the reason behind doing so was the threat to the economy though it was not revealed by the state bank but was speculated by an expert. Anyhow, Asians are not the most Bitcoin holders. They are American with Tim Draper 30,000 Bitcoin and the Twin brothers more than that worth billions of dollars.