Pages:
Author

Topic: Where Bitcoin has been googled the most? - page 4. (Read 545 times)

legendary
Activity: 1596
Merit: 1288
Can you provide us with the data source so that we know how to calculate and then determine whether these values are real or biased:

  • Population vs. research percentage: The population density varies between countries, as 1 million represents half of the population of a country, while it represents less than 10% in a second country.
  • Search Vocabulary vs. Other Vocabulary: Were the most common words in a country searched for?
  • Research period: When this data was taken.
  • Correlation of that period to the price of bitcoin: the price of bitcoin when the research was conducted.

All of the above factors affect the searches and the results received from them.
hero member
Activity: 2968
Merit: 687
April 29, 2022, 03:58:15 PM
#9
This is interesting because it's all over the place. I was expecting maybe lesser developed countries to be more interested, but that also goes hand in hand with how many people have access to the internet in those countries. I can't really make much out of this besides the fact that this diversity shows us that crypto is attracting people from all spheres and classes, and that's a good thing.
There's no such thing about criteria's  on what countries should be the ones who do have the right on making searches.You could really anticipate that it would be on developing countries but surprisingly to see on the list

seeing that there are top or rich countries are really that involved and its good to see in about with the recognition which we are really that needing.

These results do really shows that recognition and adoption is on the move or really that increasing as years passing by.
legendary
Activity: 1722
Merit: 5937
April 29, 2022, 03:57:02 PM
#8
It is also not strange that the Nigerians are very curious about this technology, because Nigeria are perceived as the "Scam Capitol" of the world. We know Bitcoin's pseudo anonymity provide some hiding place for criminal activities, so some of these people are actively looking for a payment method that cannot be traced.  Roll Eyes
I am not so sure that's the main reason for Nigeria being so high on the list. AFAIK, Nigeria has one of the biggest percentage of the unbanked people in the world so of course cryptocurrencies are a way for many to pay everyday stuff, hence such popularity. 

I mean, using your logic that would make countries like Slovenia, Switzerland and Austria scam paradise as well and if you check the crime stats you will see that those are some of the most secure countries in the world.


This is interesting because it's all over the place. I was expecting maybe lesser developed countries to be more interested, but that also goes hand in hand with how many people have access to the internet in those countries. I can't really make much out of this besides the fact that this diversity shows us that crypto is attracting people from all spheres and classes, and that's a good thing.
This list comes from Google trends, and the way its calculated is that it measures the popularity of specific search relative to all the other searches so its not really important how many people have access to the internet. This is how it looks when it comes to top 5



Values are calculated on a scale from 0 to 100, where 100 is the location with the most popularity as a fraction of total searches in that location, a value of 50 indicates a location which is half as popular. A value of 0 indicates a location where there was not enough data for this term.

Note: A higher value means a higher proportion of all queries, not a higher absolute query count. So a tiny country where 80% of the queries are for "bananas" will get twice the score of a giant country where only 40% of the queries are for "bananas".
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
April 29, 2022, 03:51:31 PM
#7
It's normal to see a ranking where Elsavador is in the first position, because Elsavador has legalized bitcoin and its people are trying to find info about Bitcoin so they don't experience errors in transactions.
so that could be the main reason why so many searches occur in elsavador
full member
Activity: 616
Merit: 161
April 29, 2022, 03:48:47 PM
#6
This is interesting because it's all over the place. I was expecting maybe lesser developed countries to be more interested, but that also goes hand in hand with how many people have access to the internet in those countries. I can't really make much out of this besides the fact that this diversity shows us that crypto is attracting people from all spheres and classes, and that's a good thing.
legendary
Activity: 2212
Merit: 1199
April 29, 2022, 03:46:09 PM
#5
Since Nigeria is the developing country,they will look the new technology for the earning.It’s good to hear,Nigerian are very eager to the technology.I had seen the Nigerian was the second nation who had googled the bitcoin,it was very interesting one.The government of the El Salvador should move the bitcoin as the soft corn in their economy.This forcing to people will not works anymore.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
April 29, 2022, 03:27:10 PM
#4
It does make sense that the word "Bitcoin" has been Googled the most by the El Salvadorian people, because their government forced a law on them that included a technology that influenced their daily lives and that most of them knew virtually nothing about.

It is also not strange that the Nigerians are very curious about this technology, because Nigeria are perceived as the "Scam Capitol" of the world. We know Bitcoin's pseudo anonymity provide some hiding place for criminal activities, so some of these people are actively looking for a payment method that cannot be traced.  Roll Eyes
hero member
Activity: 1305
Merit: 511
April 29, 2022, 02:57:15 PM
#3
The bitcoin was the huge investment tool in the world for now.So their are no doubt about the mostly search one in the google. The Russia had used the bitcoin lot for the transaction with the export goods.This is enough for the Russian to search the government using mode of transaction.The new people was get into the investment of bitcoin every day.This cause the bitcoin to survive for a decade.
hero member
Activity: 644
Merit: 661
- Jay -
April 29, 2022, 02:40:46 PM
#2
It's ironic that the No. 1 nation on the list accepted Bitcoin as a legal tender, while in the second Bitcoin is not accepted by the government and actually is banned in bank transactions. This goes to show that the while government acceptance helps to make citizens more receptive of Bitcoin, the citizens can choose to adopt it regardless.

I do not know much about the other countries on the list, I have read that Switzerland is friendly to Bitcoin. And in Canada, there was an incident recently where the gov't was freezing accounts, could that play a part in the search boasts?
member
Activity: 405
Merit: 10
www.teslawatt.com
April 29, 2022, 02:27:47 PM
#1
Pages:
Jump to: