🚨 Cornell University Study: Bitcoin Adoption Driven by Failing Banks
A massive survey of 25,880 people across 25 countries by Cornell University reveals that Bitcoin is primarily used as a practical tool to bypass unstable banking systems and inflation.
The Bitcoin Adoption Index identifies El Salvador, Venezuela, and Nigeria as the global leaders in ownership. In these regions, the asset serves as a practical workaround for daily finance rather than a speculative bet.
Despite high usage, a significant knowledge gap exists. The report found that 58% of respondents were unaware that the total Bitcoin supply is capped at 21 million coins, showing that utility often precedes technical understanding.
#Bitcoin #Adoption #Cornell #CryptoNews
A massive survey of 25,880 people across 25 countries by Cornell University reveals that Bitcoin is primarily used as a practical tool to bypass unstable banking systems and inflation.
The Bitcoin Adoption Index identifies El Salvador, Venezuela, and Nigeria as the global leaders in ownership. In these regions, the asset serves as a practical workaround for daily finance rather than a speculative bet.
Despite high usage, a significant knowledge gap exists. The report found that 58% of respondents were unaware that the total Bitcoin supply is capped at 21 million coins, showing that utility often precedes technical understanding.
#Bitcoin #Adoption #Cornell #CryptoNews