When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index
Bitcoin Magazine When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index Cornell University spoke to 25,880 people about using bitcoin. While many don't understand the tech in depth, it's proving useful for some. This post When the Banks Don’t Work, Bitcoin Does: Cornell Unive
Source: Bitcoin Magazine
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DW NOTE
Cornell surveyed 25,880 people and found the highest Bitcoin ownership rates in El Salvador, Venezuela, and Nigeria — not because users understand the protocol, but because their local banking systems don't function. When your currency is collapsing and you can't access dollars, Bitcoin stops being a speculative asset and starts being the only payment rail that works. Adoption follows failure.