This graphic ranks the top 10 countries by their rate of cryptocurrency ownership, which is the percentage of the population that owns crypto.
These figures come from crypto payment gateway, Triple-A, and are as of 2023.









Note that if we were to rank countries based on their actual number of crypto owners,
India would rank first at 93 million people,
China would rank second at 59 million people, and
the U.S. would rank third at 52 million people.


The UAE Takes the Top Spot

The United Arab Emirates (UAE) boasts the highest rates of crypto ownership globally. The country’s government is considered to be very crypto friendly, as described in Henley & Partners’ Crypto Wealth Report 2023:
In the UAE, the Financial Services Regulatory Authority (FSRA-ADGM) was the first to provide rules and regulations regarding cryptocurrency purchasing and selling.
The Emirates are generally very open to new technologies and have proposed zero taxes for crypto owners and businesses.


Vietnam leads Southeast Asia

According to the Crypto Council for Innovation, cryptocurrency holdings in Vietnam are also untaxed, making them an attractive asset.
Another reason for Vietnam’s high rates of ownership could be its large unbanked population (people without access to financial services).

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To be perfectly honest, I did not expected it to go under 60k at all, that was definitely something I couldn't see beforehand.

If you had foreseen how Nasdaq had moved, given the correlation between BTC and Nasdaq, you could

Following the pattern of very rich bitcoiners who fail to pay their taxes and somehow get arrested in Span, Roger Ver has just been detailed for exactly that, according to reports.

I believe that next time those who are having crypto investments should think twice about the taxes because now it's going to be tough for the investors who used to ignore the taxes of crypto currencies.

Tax evasion has always been a crime and no matter if someone does that as a crypto investors or any other kind of investor. Roger Ver will have to bear the consequences of his actions, who know what's going to happen to him from now on.

So someone promotes BTC as a p2p payment, circumventing fiat & banks.
The original goal of bitcoin

He publishes a book about how BTC was hijacked and changed into a toy for make money.
2 weeks after the publication he is arrested for a crime he allegedly committed 10 years ago.

Crypto people - who probably don't know squat about this case - side instinctively with authorities and Main Stream Media
NotaTether
SamReomo

From these examples you see what the "crypto community" has become

Gold is indeed very good for long-term storage, but do we realize that gold is a very ancient currency?

Yes gold is very ancient, history has shown that gold is high quality money,
and it will keep being used as money, as thanks to modern technology gold can be used as a digital currency: Gold-Backed Stablecoins

most if not all EU countries idolizes USD because afaik its the reserve currency of all.

You are talking about institutions, I'm talking about people.

I don't want you to name your country - I don't do it either - I just want you to talk about what you know, which is where you live.
You don't live in Europe, I do.

In a war situation - civil or not - if I go to my neighbours with US banknotes they kick me away.
If I go and offer them BTC, it's even worse.
If I go and offer them one gold coin, they'll talk to me.

How is it where you live?

I was surprised with Guyana's percentage growth and of course it's huge deposit of oil reserves. Lucky for them they are rich in natural resources that might push it's economy up.

So many countries rich in natural resources... but still underdeveloped with poor population...
Unfortunately having natural resources is no guarantee for economic improvement...




Today's graphic is about China's increasing funds lending role
"China has provided developing countries with over $1 trillion in committed funding through its Belt and Road Initiative (BRI), a massive economic development project aimed at enhancing trade between China and countries across Asia, Africa, and Europe."

Cryptos Dump After Robinhood Reveals SEC Wells Notice Related To Its Crypto Listings

"The so-called Wells notice - which gives a company time to rebut the agency’s allegations and doesn’t necessarily indicate an enforcement action will follow - from the SEC concerns Robinhood Crypto and its cryptocurrency listings, custody of cryptocurrencies and platform operations.

Of course, anyone with a room-temperature IQ would have been able to anticipate this turn, which comes about a year after the SEC served Coinbase with an identical Wells Notice, and which comes just days before the SEC has to rule on whether to greenlight an Ethereum ETF, something which Liz Warren's pocket fascist enforcer, Gary Gensler, has sworn he will not allow simply because it goes against the interests of Warren's biggest backers.

zerohedge.com