Summary:
- Cryptocurrency use has increased globally, particularly in recent months, as the value and popularity of crypto-related branches continue to rise.
- What percentage of the world’s Internet users are cryptocurrency users?
- According to data acquired by Finbold, a financial information provider recognized in particular for its current material on cryptocurrencies, roughly 10.2 percent of the world’s Internet users possess some sort of cryptocurrency.
Here are the specifics:
Cryptocurrency use has increased globally, particularly in recent months, as the value and popularity of crypto-related branches continue to rise. Despite this, global crypto ownership remains low, but it is growing, with some regions leading the way.
Chainalysis, a blockchain-focused private firm, presented a study in September that looked at the activity of cryptocurrencies on each trading platform as well as the geographic origin of their web traffic.
While dozens of currencies are mentioned, the American firm looked at the exchanges of 30 cryptocurrencies (Bitcoin, Litecoin, Ethereum, PAX, etc.) to create a list of 154 nations that are more or less friendly to the adoption of these digital currencies. The most well-known is bitcoin, a digital money that was founded in 2009.
According to a calculation by the University of Cambridge, more than 100 million people hold cryptocurrencies around the world, three times more than two years ago. What happened to them? While these new wallets are harder to find, we looked into the origins of the web traffic associated with these actions.
According to a study of American society that also allows for the display of a “Top 20” of countries, Ukraine, Russia, and Venezuela are doing well, even surpassing – in terms of population and wealth level – the United States and China. However, the use of digital currencies as a payment method is still quite limited today.
What percentage of the world’s Internet users are cryptocurrency users?
Here are the specifics:
According to data acquired by Finbold, a financial information provider recognized in particular for its current material on cryptocurrencies, roughly 10.2 percent of the world’s Internet users possess some sort of cryptocurrency.
Thailand has the greatest share with 20.1 percent, followed by Nigeria with 19.4 percent, a comparable ratio to Filipino users, according to a poll done in the fourth quarter of 2021 and released on January 26, 2022.
