"Raw Data: 2022-23 Global Crypto Adoption Rates by Country"

[ivanbgd]

"Hey guys, I just got my hands on some raw data from a report by Chainalysis that breaks down global crypto adoption rates by country from 2022-23. From what I've seen, the US is still way ahead in terms of adoption, but some African countries like Ghana and Kenya are rapidly closing the gap. Any thoughts on what's driving this growth?"

 

[ЕВгений77]

"Interesting to see the adoption rates for countries like the Philippines and Nigeria, they've been pushing crypto adoption for a while now. I'm not too surprised to see the US and China at the top given their economic influence. Anyone know if there's a follow up thread on adoption rates for 2024?"

 

[shiva-om]

"Whoa, interesting thread! The numbers from Africa seem to be on the rise, but I'm not surprised given the current economic situation over there. Anyone have a breakdown of the top 5 countries with the highest adoption rates?"

 

[Ribka]

"Hey guys, just wanted to chime in - I found it interesting to see how the US and China both have pretty high adoption rates, but the UK is surprisingly low. Anyone think there's a correlation between the UK's stance on crypto regulations and adoption rates? Would love to hear some thoughts on this."

 

[Hekola]

"Nice thread, guys. I was surprised to see Australia ranking so high in terms of crypto adoption - I figured the Aussies were all about traditional markets. Anyone else notice any countries that stood out?"

 

[sehy]

"nice thread, OP! I'm surprised to see South Korea having the highest adoption rate in APAC, didn't expect that. Does the raw data consider factors like regulatory environments and market penetration?"

 

[sedoy52]

"Nice thread! I'd love to see Vietnam and Philippines added to the list, considering their relatively high adoption rates in SEA. Anyone have any stats on those countries?"

 

[Лорок]

"just looked through the numbers and Vietnam's adoption rate surprised me, 2.5% is a decent chunk of the population. Not sure what's driving that growth, but it's good to see more people getting into crypto. Anyone else have theories on that?"

 

[rioriko]

What's your take on opportunities?

 

[marjanmik]

Discussion: opportunities

 

[SHAKE_s_PEARE]

Anyone experienced with opportunities?

 

[mike12]

Anyone experienced with strategies?

 

[M4ksimka738]

"Lol, no surprise to see that the top 5 spots are occupied by African countries. Makes sense, given their relatively underbanked populations - cryptocurrency is way more accessible there. Anyone have stats on how adoption rates correlate with poverty rates?"