The naysayers called Bitcoin dead (more than 350 times, to be precise). Veteran investors like Warren Buffet called it a ‘delusion’. Well, tell that to these five countries gripped by FOMO fever right now.
As the largest country and economy in South America, conditions for Bitcoin FOMO in Brazil are particularly ripe. And in fact, the land of the samba and caipirinhas recorded a new record level of BTC trading last month at over 100,000 bitcoins in 24 hours. That’s a massive 2 billion BRL (almost $500 million USD).