Post
Topic
Board Altcoin Discussion
Re: Asia can be the biggest crypto market
by
StayFly
on 29/10/2019, 23:41:55 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?

That's true. The bulk of the world's population is focused in Asia. And when the adoption comes, the people here in this continent will be the ones who will cause Bitcoin's actual use rise massively. But the present condition in the continent is not that friendly toward Bitcoin. China is not saying businesses and people can now use Bitcoin as money. India is unfriendly. Indonesia is not so clear as well.

Yes, Asian cryptocurrency investors are the biggest for sure and the majority of people supporting cryptocurrency businesses are also from Asia. If you look at the number of cryptocurrency exchanges from Asia are huge, which includes Binance, Huobi, KuCoin, OKEx, Coinbene, and many five start exchanges. Of course, Asia is the biggest cryptocurrency market in the world.