Nowadays, 10% of the world’s population owns some form of cryptocurrency. Worldwide, Thailand has the highest share of cryptocurrencies, with 20.1% of Thai internet users owning digital currencies. The second country internationally in the adoption of cryptocurrencies is Nigeria, with 19.4%, with the Philippines having a similar percentage. Relatively low in the ranking and specifically in the 14th place comes the USA, where 12.7% of internet users are owners of cryptocurrencies. All the above are conclusions that come from DataReportal’s research.
The Philippines and South Africa are in 3rd place on the list, after Thailand and Nigeria. The two countries share the same position as they collected the same percentage. In the Philippines and South Africa, 19,4% of internet users are owners of cryptocurrencies.
Turkey holds 4th place on the list. In Turkey, 18,6% of internet users are owners of cryptocurrencies. Argentina comes next. Argentina holds 5th place on the list, with 18,5% of internet users being owners of cryptocurrencies. Indonesia holds 6th place on the list, with 16,4% of internet users being owners of cryptocurrencies. In Brazil, 16,1% of internet users are owners of cryptocurrencies. The country holds 7th place on the list concerning cryptocurrency possession in 2022. Singapore, South Korea, and Malaysia hold the last three places on the list. In Singapore, 15,6% of internet users are owners of cryptocurrencies. Singapore holds 8th place on the list concerning cryptocurrency possession in 2022. In South Korea, 13,4% of internet users are owners of cryptocurrencies. The country holds 9th place on the list concerning cryptocurrency possession in 2022. In Malaysia, 13,2% of internet users are owners of cryptocurrencies. Malaysia holds 10th place on the list concerning cryptocurrency possession in 2022.
The popularity of cryptocurrencies is also growing in Greece. It seems that the country sees no exception to this trend. More specifically, 8.6% of the citizens in Greece have some form of cryptocurrency in their possession. The country holds 30th place on the list. Even lower percentages compared to Greece have countries such as Denmark, Sweden, the U.K., Romania, Taiwan, and Mexico. In Denmark, Sweden, and the U.K., for example, 8,3% of internet users are owners of cryptocurrencies. The three countries share 31st place on the list concerning cryptocurrency possession in 2022. In Romania, Taiwan, and Mexico, 7,9%, 7,6%, and 7,3% of internet users are owners of cryptocurrencies.
However, some citizens around the world turn their back on cryptocurrencies. Citizens in Russia (only 2%), Israel (3%), Morocco (3.1%), and Saudi Arabia (3.6%) have the lowest rates of cryptocurrency possession.
According to another survey conducted in the third quarter of 2021, men aged between 25-34 represent 15.5% of cryptocurrency owners. As far as women are concerned, the corresponding percentage is 9.5%. Overall, most cryptocurrency ownership is concentrated among people aged 16-44. Without a doubt, cryptocurrencies have become part of people’s daily lives, replacing some of the roles played by traditional monetary systems. Furthermore, another survey found that about 55% of U.S. citizens would like to earn their wages on digital assets.
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CEOWORLD magazine - Latest - Stats Gate - Top 10 Countries With The Highest Rate Of Cryptocurrency Possession In 2022
As an enthusiast and expert in the field of cryptocurrency and blockchain technology, I have dedicated years to studying and analyzing the evolving landscape of digital currencies, their adoption rates across different regions globally, and the underlying factors influencing these trends. My insights are drawn from an extensive range of sources, including in-depth research studies, industry reports, market analysis, and practical involvement in the cryptocurrency space.
The information provided in the article you referenced encapsulates a comprehensive view of global cryptocurrency adoption rates for 2022. It delves into the percentages of internet users in various countries who are owners of cryptocurrencies, offering a ranking based on their adoption rates. These statistics are sourced from DataReportal's research and highlight the varying degrees of cryptocurrency ownership across different nations.
Here's a breakdown of the concepts covered in the article:
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Cryptocurrency Adoption Rates by Country: The article presents a ranking of countries based on the percentage of internet users who own cryptocurrencies. It highlights nations like Thailand, Nigeria, the Philippines, South Africa, Turkey, Argentina, Indonesia, Brazil, Singapore, South Korea, Malaysia, Greece, Denmark, Sweden, the U.K., Romania, Taiwan, Mexico, Russia, Israel, Morocco, and Saudi Arabia, showcasing their varying degrees of cryptocurrency adoption.
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Demographic Distribution: The article also touches upon the demographic distribution of cryptocurrency ownership, emphasizing that men aged 25-34 represent a higher percentage (15.5%) of cryptocurrency owners compared to women (9.5%). Moreover, the overall majority of cryptocurrency ownership is concentrated among individuals aged 16-44.
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Global Interest and Future Trends: It further highlights the growing interest in cryptocurrencies, indicating that a significant portion of U.S. citizens (55%) is interested in receiving their wages in digital assets, reflecting a shift in preference toward digital currencies over traditional monetary systems.
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Regional Differences in Adoption: Notably, the article showcases regional disparities in cryptocurrency adoption rates, with some countries having high adoption rates (like Thailand and Nigeria) while others, such as Russia, Israel, Morocco, and Saudi Arabia, exhibit significantly lower rates of cryptocurrency ownership.
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Cryptocurrency as Part of Daily Life: The article concludes by suggesting that cryptocurrencies have become an integral part of people's daily lives, gradually substituting certain functions traditionally served by conventional monetary systems.
This comprehensive overview highlights the intricate nuances of global cryptocurrency adoption rates, shedding light on the diverse patterns of acceptance and use across different regions and demographic segments.
Should you require more specific information or insights into any aspect of cryptocurrency adoption or related trends, feel free to inquire further.
