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
We are not sure about this thing because we have no legal source about it but Asians have big impact on crypto market more investors means market is healthy ,asians exchanges always had the highest volume.
The issue here is that people are looking at trading volume to judge those who are holding most of bitcoin but if we really want to judge based on that, one would understand that the whole trading volume put into play, is still not something compared to investment wallets with a large number of holders in each wallet and that is one statistics which you cannot easily get by knowing who the owner of those wallet are or where they hail from. I believe all this is just an assumption and nothing factual about Asian being the most bitcoin holders in the world.
The reason is that most of the people here are average income and they want extra money to overcome their financial problem, while western people do not have enough daily life financial problems. Government also supports them. On the other hand in Asia government does not support people in financial difficulties and people will have to manage by themselves.