I think that's because at the early stage bitcoin was mainly supported by IT-enthusiasts and libertarians who had a profound knowledge and interest in the theme, as you can afford digging into staff like that and invest when your living standatds are high. However, when you live in a poor country and have to toil whole day to make for living, not much time and interest is left.
I find you thought a good one. Another reason is, Bitcoin originated in a country where people are open for a change and technology evolution.
The American adults to help map out the cryptocurrency landscape in the US. It found that 7.95% of the population has invested in a cryptocurrency, leaving much room for adoption to grow among the vast majority of Americans. And among the 92.05% of didnt buy any cryptocurrency, 7.76% do plan to purchase some in the future.
As for the reasons people didnt invest in cryptocurrency, 35.02% fear that the risk is too high, 27.04% find it too difficult to understand, 17.97% say its a scam, 16.12% are waiting for the bubble to burst, 11.40% find it too difficult to use, and lastly 5.75% think that there are too many fees. Just 40.01% say they are not interested or they think theres no need for them.
The three most popular cryptocurrencies are bitcoin, with an estimated 5.15% of Americans surveyed owning an average of $3,453.89 in BTC; ethereum, with an estimated 1.80% of people owning an average of $1,243.42 in ETH; and bitcoin cash with an estimated 0.90% of people owning an average of $636.22 in BCH.