Post
Topic
Board Altcoin Discussion
Re: Asia can be the biggest crypto market
by
DaveWave
on 30/10/2019, 17:40:40 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?

Most Asian countries are still in developing stage. Some manage to successfully urbabized its central community just like Singapore and Japan. Those countries observe proper behavior for its citizens. They are also advanced with tech and that included block chain technology. India and Indonesia have great potential in the crytomarket due to high manpower. Meanwhile, China made quite a news that she is about.

The biggest cyrpto market cannot be defined on population alone but it is based on populations financial capacity. India and Indonesia have a billion population but South Korea alone beats their crypto volume. South Korea population is not even 100 million. Asia's top crypto volumes are from China, South Korea and Japan. Pakistan, India and Bangladesh are densely populated but nowhere near but it's improving.