Post
Topic
Board Altcoin Discussion
Re: Asia can be the biggest crypto market
by
wxa7115
on 28/10/2019, 22:30:48 UTC
maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.

many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.

then what do you think?
While the population number is important the most important number is how big the economies of those countries really are and while there are very strong countries economically speaking in Asia the most powerful countries are still in Europe and America, I really think that as soon as some countries begin to fully adopt cryptocurrencies the rest will have to follow as well or they could find themselves in a bad position in the future as those countries become more powerful thanks to the economic development cryptocurrencies will bring.

It may seem those days are far away but if the economies of the world begin to have some issues I can assure you they will do everything to change that and if that means adopting cryptocurrencies then they will do it.