The usage of cryptocurrency is constantly going high in spite of people predicting otherwise. It has a peer-to-peer system for connecting its users with money transferring. On the other hand, the decentralisation nature of bitcoin is digital transactions constantly watching the back of the cryptocurrencies. Therefore, its popularity is always on the rise. Sometimes the growth might seem a little bit shady, but it is always on the move. Most governments in the world are talking about what are the ways of controlling bitcoin or cryptocurrency at large. But that is beyond any question because of the system Satoshi Nakamoto has created.
Its creator did not want it to be an asset of the government. Rather, he was more focused on bitcoin solving the world problems in the economy. This is why he (Satoshi) planned the blueprint of bitcoin at the time of the great economic depression in 2008. The creator holds the largest number of cryptos which undoubtedly makes him the richest man on the whole planet now. However, the creator himself is missing.
There is bitcoin at this point in time; more or less, 20% of the Thai population has a hold on cryptocurrencies. If compared worldwide, undoubtedly, Thailand has the most shareholders of bitcoin.
Since 2013, bitcoin has been getting economic assistance from the United States. Bitcoin was already given the definition of a transferable asset, which means that it either has a similar value as opposed to the traditional one and can operate independently as a currency.
It is the most prominent incident in bitcoin’s history. In the second part of 2021, the small country announced their acceptance of the bitcoin system. The government announced that they would be accepting bitcoin as one of the legal tenders. It happened in the same year. It was a milestone for bitcoin.
Nigeria comes in second place globally in terms of the percentage of its population that uses cryptocurrencies, with 19.4%; the Philippines also has a percentage of a similar order. The United States of America comes in at a somewhat low position in the ranking, particularly in the 14th spot, with a cryptocurrency ownership rate of 12.7% of internet users.
After Thailand and Nigeria, the third position has been achieved by both Philippines and South Africa. Due to the fact that both countries collected the same percentage, they are tied for the same position. In both the Philippines and South Africa, approximately 19.4% of those who use the internet are cryptocurrency holders.
On the list, Turkey may be found in fourth place. The percentage of people who use the internet in Turkey who hold cryptocurrency is 18.6%. Argentina follows next. The percentage of internet users who own cryptocurrencies in Argentina is 18.5%, placing the country in fifth place on the list. The percentage of people who use the internet in Indonesia who own cryptocurrency places the country in the sixth position on the list. There is a 16.1% ownership rate of cryptocurrency among Brazilian internet users. When it comes to the number of cryptocurrencies held, the nation is currently ranked seventh on the list in 2022.
On the list, the spots that are currently available have been taken by South Korea, Singapore, and Malaysia, respectively. 15.6% of people who use the internet in Singapore are currently holders of cryptocurrency. In terms of the number of cryptocurrencies held, Singapore is currently ranked eighth on the list in 2022.
The nation is now ranked ninth on the list of countries that possess the most cryptocurrency in 2022. The growing interest of people in crypto world is overwhelming. In fact, in around 13.4% people in South Korea hold cryptos. In Malaysia this percentage is 13.2%. Regarding the number of cryptocurrencies that were in circulation in 2022, Malaysia is ranked tenth on the list.
Wrapping it up !!!
These are the countries that have shown a huge level of acceptance towards bitcoin. No matter which country you live in, you might want to invest in the globally accepted cryptocurrency – bitcoin. Therefore, finding a good exchange is all you need. A good exchange refers to a trading platform that is easy, honest, and provides good returns. One such platform is Bitcoin Freedom.
