Crypto Flash : Top Countries with the Most Bitcoin (BTC) Hodlers by rajrajput

cryptocurrency · @rajrajput · Oct 11 '18

$0.20

Crypto Flash : Top Countries with the Most Bitcoin (BTC) Hodlers

Hi Steemians,

There are many theories (some more outlandish than others) regarding who really owns most of the bitcoins that are currently in circulation. “Whales”, which are usually exchanges, funds or big mining firms, have been rumoured to be responsible for moving big amounts of BTC these days, but there is still hope that many investors from all over the world have a collective investment in the coin.

Various statistical studies have shown that there are some countries that are home to a number of BTC hodlers. Below is a list with the countries that have the most Bitcoin hodlers.

1. The United States
2. South Korea
3. Romania
4. Malta
5. The Czech Republic
6. Spain
 7. Poland
8. Antigua and Barbuda
9. Japan
10. Switzerland

![bitcoin-1.jpg](https://cdn.steemitimages.com/DQmarcctUpqQLvjaNAhWf3JPKn4L6hyg4ZiNf8HzkLLEswp/bitcoin-1.jpg)

Ref: https://coindoo.com/top-countries-with-the-most-bitcoin-btc-hodlers/

Cheers

👍 joeparys, gtpjoker, wesleyd777, frederichs, sptalk, rajrajput, sd974201, parksaerom, cheerwithcc, saghir, sergino, cryptojb

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@wesleyd777 · Oct 11 '18

Interesting to see Malta and Antigua on that list. Both countries are big in the online gambling industry so I assume there is a correlation between HODlers having a tech-savvy work force and lots of cash circulating in that workforce.

Do you have any links to those studies.

👍 rajrajput

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@rajrajput · Oct 11 '18

Thanks for commenting @Wesleyd777

Yes you are correct their may be circulation of cash during crypto transactions and that may impact the future of Crypto. I will definitely share the links if I came across!!

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@cheerwithcc · Oct 11 '18

Nice to see the list of top ten countries. Satoshi Nakamoto's origin country Japan standing on number nine, despite having most crypto friendly legalities is not quite up to the mark, that I was expecting . How ever the other countries also have good crypto environment and understandings regarding the technology behind it in their mass. Apart from Japan there are two Asian countries which have enormous potential to be at least in the list . But they are missing out only because of very much restricted  environment for crypto Eco system. Those countries are non other than China and India. Crypto believers in these countries are putting  their own efforts within very limited space to encounter all the challenges raised due to legality issues. A little friendly approach from government will boom the crypto community in these countries. But as we all know as crypto lovers the day is coming sooner or later but must in the future.Your thoughts will add more enthusiasm in this discussion. Thanks for reading.

👍 rajrajput, cheerwithcc

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@rajrajput · Oct 12 '18

Totally agreed with you Cheerwithcc!!

India and China will play major role to build Crypto in near future and hopefully government will support to it otherwise both countries will be putting behind as compare to other countries. Now a days situation is like who will adopt it first? As per me the one who adopt it first will be the king of Crypto in future as Crypto has great future. Good luck to you for your Trade and HODLING!!

Cheers!!

👍 cheerwithcc

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@cheerwithcc · Oct 12 '18

Thank you sir

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@joeparys · Oct 12 '18

re-rajrajput-crypto-flash-top-countries-with-the-most-bitcoin-btc-hodlers-20181012t122434955z

You got a 7.20% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

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