Macro· ★★★· bullish·

Cornell: Bitcoin Adoption Highest in El Salvador, Venezuela and Nigeria

  • —Survey covered 25,880 people in 25 countries between Dec 16, 2024 and March 10, 2025
  • —El Salvador, Venezuela and Nigeria lead in share of respondents who ever owned BTC
  • —58% of respondents did not know bitcoin's supply is capped at 21 million coins
  • —Respondents described BTC as a workaround for failing banking rails and inflation
Why it matters: The findings suggest bitcoin demand is driven by currency instability and weak banking access rather than speculation.
#BTC
Source: Bitcoin Magazine
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