These Are the Top 5 Bitcoin-Interested Countries According to Google
It has been over 15 years since Satoshi Nakamoto introduced Bitcoin to the world, and a lot has happened within this timeframe. From being called a pyramid scheme, rat poison (sq), and proclaimed dead hundreds of times, to becoming a trillion-dollar asset with a dozen exchange-traded funds tracking its performance on the world’s largest financial market.
Its adoption curve, which has recently been linked to that of the Internet from 1997, has seen some deviations on its upward trajectory, but the overall trend is quite promising. Google Trends data also shows that retail traders have gradually returned to the scene, but some countries are more inclined to look for the primary cryptocurrency than others. Here are the top 5.
El Salvador Reigns Supreme
Perhaps it comes as no real surprise to anyone, but the first country on Google’s query list is El Salvador. After all, the small Central American nation made the headlines in 2021 when it became the first country to recognize Bitcoin as legal tender officially.
Since then, its pro-BTC political leader – Nayib Bukele – and his administration have outlined numerous Bitcoin-related initiatives, including a vet hospital paid with the cryptocurrency, volcano bonds, as well as mining it with excess volcano energy.
Last but not least, El Salvador has been quietly accumulating BTC for the past few years. The nation went through the devastating 2022 bear market and survived multiple attacks by global organizations like the IMF, which criticized its pro-Bitcoin approach.
Data from this tracker shows that the Bukele-led country has $400 million worth of BTC as of now.
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