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What is the percentage of the Crypto community in your country?

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21 hours ago, gourav789 said:

10-20% audience is really great , I didn't think that there is too much people in India who know about Crypto market and used Crypto currency in their life , recently India approved Crypto currency in their region I sure this action attract a good amount of invester also .

Yes mate your calculation is correct in india crypto users 10 to 20 percent, because personal I notices in my surrounding 10 out of 1 are 2 peoples know crypto currency, so your calculation perfectly match this figure, I think now this percentage increase in future because now India remove ban so now crypto user's increase.


 

   

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In my country, one of the things that contributed to the widespread spread of the idea of identifying bitcoin is that penalties have been announced for everyone who deals in digital currencies, especially bitcoin. This has been around four years and up. But despite that, the percentage that works in the field of encryption is increasing, as it has become a lot known for Bitcoin and the useful side for encryption.


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On 09.06.2020 at 13:39, Crypto123 said:

Hi friends
I entered the world of Crypto several years ago and at that time almost no one had heard about Bitcoin or Crypto in my country, after about 5-6 years have passed since then I now see that the percentage of people who started knowing about Bitcoin and Crypto has increased dramatically.
I don't know exactly how much it is, but I expect it to be 10-20% as I estimate.
Although the percentage is small, but this is a major development if we assume that it was about 1-5% five years ago.
Well I want to know how the percentage of Crypto community in your country has changed since you got to know Crypto so far? Do you think this percentage has increased significantly or is it decreasing?

I can't say for sure but the number of people who found out about cryptocurrencies has increased. Cuz the local media resources, a lot of advertising and mention of cryptomundo began to appear over the past 1.5 years.

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Here in our country many people engaged in cryptocurrency that it became normal to our daily lives using, buying, and selling cryptocurrency online. I dont know the percentage but I know that many of us used this for earning money and even in business it is because cryptocurrency is a big opportunity to everyone even for  kids, teens, middle aged and adult person who wants to have money around the world not only in our country.

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Unfortunately, the number of cryptocurrency users in my country is still small and I do not know what the exact percentage of the crypto community in my country due to the lack of an official statistic about that, I hope that the encryption will spread more in my country and in other countries

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Unfortunately in my country there are few people who care about encryption, so if I think that the percentage of these people does not exceed 1 percent.

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14 hours ago, Whited35 said:

According to several surveys, it suggests more than 60% people in our country are aware of cryptocurrencies. Despite of government's restrictions, I find most of young lads are involved in the cryptocurrency tradings. 

Wow, this is a really big number. I think government restrictions are difficult to prevent people from using bitcoin and cryptocurrencies, especially young people. Unfortunately, governments in most countries have not realized this until now and continue to impose restrictions despite this large spread.

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There are still few people holding and trading cryptocurrencies  in my country, and most of them are in the main city of the my country but I noticed one thing, the people that trade about it in last five years are much lower to we that trade it now. So, there is a increase improvement.  

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7 hours ago, Crypto123 said:

Wow, this is a really big number. I think government restrictions are difficult to prevent people from using bitcoin and cryptocurrencies, especially young people. Unfortunately, governments in most countries have not realized this until now and continue to impose restrictions despite this large spread.

One of our biggest exchange txbit is now asking for KYC just due to new policy from our government. Local authorities are actively talking about tax evade and money laundering case by using cryptocurrencies, hope all will be well soon. 

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20 minutes ago, Whited35 said:

One of our biggest exchange txbit is now asking for KYC just due to new policy from our government. Local authorities are actively talking about tax evade and money laundering case by using cryptocurrencies, hope all will be well soon. 

Tax evasion and money laundering These are the same empty arguments that governments around the world use to fight cryptocurrencies. If governments were smart, they would accept cryptocurrencies and take a tax on dealing with these currencies instead of accusing people of tax evasion.

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2 minutes ago, Crypto123 said:

Tax evasion and money laundering These are the same empty arguments that governments around the world use to fight cryptocurrencies. If governments were smart, they would accept cryptocurrencies and take a tax on dealing with these currencies instead of accusing people of tax evasion.

So sad brother, now we are compelled to provide KYC even on our local exchange to trade cryptocurrency. Government has our each and every information including annual incomes report. Banks have started to suspect transactions if they notice any sort of previous crypto transactions records. 


 

 

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11 minutes ago, MarsDota2 said:

KYC is has a two effects on us. First is it can make the community peaceful because the admins know their customer and they are not gonna struggle when there is a problem and the second is the community can become a chaos if the one that is asking for KYC is a scam and it might use your identity against yourself.

@MarsDota2I understand what you really mean to say here. Providing KYC documents to random platform is not recommended ! If scammers catch our all sensitive documents, there will be a huge risks of getting our information misused in some dark cloud.


 

 

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I'm from Nepal and I have never seen and heard of a cryptocurrency related program or event happening in Nepal and also there are lots of people's who don't know about crypto. That's why I feel that only 5% of the crypto community in my country.

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Well I joined crypto last year and I think since from that last year till now the percentage of people who got to know would be very low because it hasn't been long I even knew about crypto, but with my estimation I can guess that about 30% of people in my country knows about cryptocurrencies.


 

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Unfortunately, the percentage of people that know encryption is a little small because there is a large section of people of the old age group that does not accept any types of information or new things. I think we should be a messenger that transfers cryptocurrencies to the people around it.

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1 hour ago, Virgil dijk said:

Well I joined crypto last year and I think since from that last year till now the percentage of people who got to know would be very low because it hasn't been long I even knew about crypto, but with my estimation I can guess that about 30% of people in my country knows about cryptocurrencies.

This is a good percentage, 30% of the population in your country, I think this will definitely increase with time, people still haven't heard much about cryptocurrencies in the world. I also think the main reason is the position of governments on cryptocurrencies.

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On 6/9/2020 at 12:39 PM, Crypto123 said:

Hi friends
I entered the world of Crypto several years ago and at that time almost no one had heard about Bitcoin or Crypto in my country, after about 5-6 years have passed since then I now see that the percentage of people who started knowing about Bitcoin and Crypto has increased dramatically.
I don't know exactly how much it is, but I expect it to be 10-20% as I estimate.
Although the percentage is small, but this is a major development if we assume that it was about 1-5% five years ago.
Well I want to know how the percentage of Crypto community in your country has changed since you got to know Crypto so far? Do you think this percentage has increased significantly or is it decreasing?

To be honest the percentage of cryptocurrency users in my location is less than 0.01%, yeah i know its not believable but peoples i my area thinks that bitcoin or cryptocurrency is evil thing and they don't want to try it.

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Well, i think it's just 20 to 30% because most of the people they didn't know yet the cryptocurrency and also they're prioritize to used the traditional money.

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On 6/9/2020 at 5:39 PM, Crypto123 said:

Well I want to know how the percentage of Crypto community in your country has changed since you got to know Crypto so far? Do you think this percentage has increased significantly or is it decreasing?

Well, I can't say the exact percentage of crypto user or people belong in the crypto community in my country. But I think we are not so many as in the other countries. Maybe we are just occupying 1/3 of our population or lower. We are just few people that knows how to use crypto and we are doing our part to inform other citizens that good things crypto can do to a simple person.

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I think that the crypto community in my country has increased drastically over the last few years. Although crypto is a not a widely accepted form of payment in my country, there have been recent developments in the sense that there are now bitcoin atms across the country. I think that this can be viewed as moving towards the cryptocurrency age and this will be very helpful tot eh country as the economy is doing poorly right now. But hopefully crypto will become more widely accepted and with the introduction of these atms that there will be more and more interest in it from the people.


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I do the same thing as you when you started this cryptocurrency thing around 6 years ago in my country there were very few people who knew them but today it is the country with the most cryptocurrency transactions on the localbitcoin platform so I imagine that the percentage of people who use the crypto are very high 

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The percentage of people working within the crypto field in my country is less than 30%, and this is because my country has banned cryptocurrencies and prevented their use, and I hope that this will change, and cryptocurrencies will be allowed inside my country because there are many people in need of this field


 

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Well, in my country crypto was just not accepted a year back. But now some months news came from the centre that the ban on Bitcoin and crypto and all are removed and now my country is one among those countries which favors crypto world. I am lucky that as I started my journey in crypto my country also accepted it.

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Thank you for the question.  There are many users of cryptotalk.org in our country. And most of the users are students.  And more professionals use this cryptotalk.org.

Thank you

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