New Study Reveals the REAL Reason Bitcoin Adoption Is Exploding Worldwide 🌍⚡️

1 hour ago

a detailed spatial analysis of real-world Bitcoin adoption, using the crowdsourced BTC Map dataset that tracks over 11,000 brick-and-mortar merchants worldwide. Unlike traditional macro-level studies, this research digs into micro-level evidence to understand how and where Bitcoin is actually being used as a medium of exchange.

The findings show that Bitcoin merchant adoption is driven mostly by local community dynamics, not national policies — even El Salvador’s legal tender status plays a smaller role than expected. The strongest global clusters appear in the hospitality sector, especially food and drink businesses, followed by alternative healthcare and IT services, where ideological alignment is more common.

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