Quote from: Jawhead999 on June 23, 2024, 09:25:34 AM

Quote from: fuguebtc on June 23, 2024, 08:15:05 AM

I also come from a 3rd world country and what I feel is that bitcoin is growing in those countries more than in developed countries. Because as you know, life there is extremely difficult due to inflation, and government corruption...people are always looking for solutions to escape those bad things so they will easily approach and accept bitcoins.
But there are still people's misunderstandings about bitcoin. Because people's lives are poor and ignorant, many people may fall into fraudulent projects labeled bitcoin, thereby having misconceptions about bitcoin.

You can also see that the most active boards on the forum come from third world countries rather than developed countries.

Even inflation and corruption are big problem for third world countries, how can they own Bitcoin if they're poor in the first place? Bitcoin doesn't solve their issues because they didn't earn much money and they will loss when they send their coins.

The reason why many users from third world countries are more active than developed countries because signature campaign, if the forum completely ban signature, I believe only users from developed countries can maintain their consistency.

They are poor, but that does not mean they are so poor that they cannot meet their living needs and do not have money to invest. Poverty here means that they cannot have a high income and a better life than developed countries, not that they are so poor that they have no food. Additionally, if you regularly watch the news, you will see that countries with high inflation are also more likely to accept and use cryptocurrencies than developed countries despite government bans.

I just took our forum as a small example, and if you use other social media platforms, you will also see the rate of cryptocurrency usage and participation from 3rd world countries still very high.

Quote

The 2023 Global Crypto Adoption Index: Central & Southern Asia Are Leading the Way in Grassroots Crypto Adoption

https://www.chainalysis.com/blog/2023-global-crypto-adoption-index/
https://finance.yahoo.com/news/20-countries-highest-cryptocurrency-adoption-114036029.html