After recent missconceptions about the worldwide crypto usage I summarized and collected some data for you guys. I hope you enjoy data as much as I do.Demographics:79% male, 21% female58% are under 34 years old82% have a Bachelor's degree or higher36% have an income over 100K in USDcrypto ownership dataCountryNumber of crypto owners% of the populationUkraine5,565,88112.73%Russia17,379,17511.91%Venezuela2,941,50210.34%Kenya4,580,7608.52%USA27,491,8108.31%India100,740,3207.30%South Africa4,215,9447.11%Nigeria13,016,3416.31%Colombia3,122,4496.14%Vietnam5,961,6846.12%Thailand3,629,7135.20%United Kingdom3,360,5914.95%Brazil10,373,1874.88%Pakistan9,051,8274.10%Philippines4,360,5793.98%UkraineUkrainians are open to cryptocurrenciesIt is the birthplace of Bitfury, Hacken and PropyMany developers are also from UkraineLast year they were considering using nuclear plants for crypto miningRussiaVitalik Buterin is Russian-Canadian you probably knew thatCrypto is the fifth most popular investment in RussiaVenezuelaVenezuelans similar to Ukrainians are very open to cryptocurrencyPeer to peer transactions are the most favoredVenezuela announced the "authorisation of decentralised stock exchange of Venezuela" (BDVE) it allows users the access to an exchange from anywhere in the world without restrictions, that's at least the Idea so farKenyaKenya has the highest peer to peer crypto trading worldwideKenya is leading the African countries in terms of holdingKenya is the top Bitcoin maximalist country (well, that's something)USALargely young (tech savvy and wealthy) Americans invest in itHighly educated Americans are more likely to own cryptocurrencyUSA has the highest amount of traders on major exchanges like coinbase (60%) or binance (24%) and Bittrex (28%)46% of Americans use crypto already as payment options the rest only uses it for investment reasonsIndiaCrypto is a still a controversial topic in India still many Indians are open to the idea of crypto as an alternative way to store wealthMany Indians working in global firms prefer to be paid in crypto over fiatWazirX and CoinDCX are the biggest Indian exchangesSouth AfricaAbout 17% of South African already had contact in some form with crypto currencyAbout 10% of it's internet users also use cryptoNigeriaNigeria leads Africas peer to peer lendingI am sure you heard about the Nigerian princeColombiaColombia is ranked 4th on peer to peer bitcoin lendingColombia had a major boost in 2020 due to new crypto exchanges and lending servicesIt also has the highest amount of BTC ATMs in Latin AmericaVietnamVietnam is ranked second, for most on chain retail transactions worldwideMore than half of Vietnamese expressed interest in cryptocurrencyThailandThailand is one of the first southeast Asian countries to enact cryptocurrency legislationSince 2018 they have a more liberal stance towards cryptoAbout 10% of thai internet users own cryptoUnited Kingdom42% of Briton crypto users already use it as paymentThe surveys had similar results as in the US the more educated the more likely it is that the person owns cryptoThe overall interest is increasingBrazilBrazil leads South America in terms of crypto ownersAbout 92% of crypto users are male40% of the users are between 20 and 25 years oldPakistanThe bitcoin market is very new to Pakistan, but it's fast growingRecently a province announced to start their own mining farmsPhilippinesLast year it's peer to peer trading volume reached record highsAccording to a report it's one of the fastest adopting countriesOver half of Filipinos expressed interest in cryptoPretty interesting is that wealthy Filipinos rather spend and send it than speculate with itSource: hereother Articles: heremuch love,thelovetoy
Submitted August 17, 2021 at 07:33AM
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