Which are the countries with the largest number of cryptocurrencies?
Digital currencies are part of these great technological advances in recent years, so today we will see the countries with the largest number of cryptocurrencies.
This growth in particular has a very important support and it is that through the internet we manage to make economic transactions in terms of cryptos. All platforms work online and this allows us to exchange from anywhere in the world at the time we want.
It is understood that for various reasons, there are countries that limit their use, but this does not stop the continuous growth of cryptos and the users who trade with them.
Countries and percentage of population using cryptocurrency
Having cryptocurrencies is not only a complete advance, but we must also understand that not everyone has them. Why it may be? Well, the development of a cryptocurrency comes thanks to mining, but it is not that of pick and shovel.
It is the binary mining that is part of an encryption and to find that encryption an automated equipment is needed, which needs a large amount of energy to be able to function.
But which countries can have so much crypto and mine without spending so much money? It is the most important factor as is India, which has a population of at least 1.3 billion.
It is the country that has at least 17% of all crypto in the world, which is the most impressive thing. We know that India is a country that does not have defined laws, like Brazil that covers 15% of the world's cryptocurrencies.
How has the adoption of cryptos been in the world?
Cryptocurrencies have been a relevant asset in the middle of the pandemic, many of the medium and small investors lost their jobs thanks to the economic catastrophe that the Covid-19 has unleashed.
But long before that, these cryptocurrencies already existed, with that minimal publicity that little by little one or another great investor made known. Many doubted the profits and where that money was going, until they realized that it is bigger than they imagined.
The adoption was almost as fast by countries that were blocked by sanctions, many of them with political and social problems, where they realized that they did not need international banking entities to get their money.
In addition, it completely forms the most secure network of all time, so that no cyber criminal entity has managed to steal.
Latin American countries with the highest use of cryptocurrencies
In short, Latin America has not been able to control the great excitement it has with cryptocurrencies, one of the biggest reasons is that the speed, security and extension of unlimited transfers.
That is why El Salvador took Bitcoin as the official currency and freely used in its country a year ago. Something that has led us to think that possibly in a few years we will see El Salvador as a mining power.
Colombia is not far behind, since the last time a survey was carried out in relation to cryptocurrencies, it was revealed that at least 20% of the world's cryptocurrencies move in its territorial site. Since many of its inhabitants prefer to have digital wallets than their money in the bank.
It is a bit contradictory, because its consumerism has reached great levels, making its economy rise by 2%.
Why do they invest in cryptocurrencies?
People who invest in cryptocurrencies know that they would not lose, especially if they make long-term or medium-term investments. The profit they are going to obtain may be late, but they know that they will have the result they expect.
In addition, that the saving system in which we were taught has already passed completely by, now the interest of everyone is to invest.
To be more objective, we know that many of the world's currencies tend to have inflation on different scales depending on the currency. Something that governments and inhabitants quite dislike, since our daily life depends on it and can be radically changed.
That is why it is one of the things that people and governments invest in cryptocurrencies, why the state of inflation does not exist in them.