Research Suggests Bitcoin Adoption Growing Organically in Emerging Markets5.2

Many of its proponents argue that the greatest impact Bitcoin will have on society will be in developing nations. The belief is that the current most popular permissionless and non-government-correlated asset will one day allow for those in emerging markets to access banking-like services to connect the billions around the world lacking them with a global economy.

Whilst such arguments make Bitcoin irresistibly virtuous to some, outside of theoretical musings, there has been little to suggest that such an adoption is actually happening yet. However, recent research indicates that emerging markets are rapidly getting into Bitcoin and their buying patterns suggest that their interest lies in more than simply speculation.

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