El Salvador number one to search about Bitcoin on Google
Data reports are hinting that citizens of El Salvador are trying to understand Bitcoin more deeply through the available data on the internet.
El Salvador is the first and only country in the world, which created history by adopting bitcoin as a legal currency besides the use of the US dollar. Criticism and controversy on this decision of El Salvador to adopt Bitcoin were usual but few crypto industry supporters like Ethereum co-founder also criticized the government of El Salvador for taking too early a decision to introduce Bitcoin law. Vitalik noted that better education on Bitcoin and crypto was the most needed factor before going with the adoption of Bitcoin.
On 5 February, Bitcoin supporter and Economist Jan Wustenfeld shared Google search data on the frequency of searches on Bitcoin by multiple countries.
The Economist noted that El Salvador is at the top in terms of highest searches for Bitcoin, while Nigeria, Georgia, Turkey, and the Netherlands are at 2,3,4 and 5 positions respectively.
Jan wrote:
“El Salvador is number one in the world when it comes to #Bitcoin searches on Google. Followed by Nigeria. Pretty amazing to see Nigeria waving the flag of bitcoin in Africa and El Salvador in Latin America. $BTC”
Nayib Bukele, president of El Salvador, also responded to this lovely data record of Google search engine and hinted that he is keeping his eye on its population with bitcoin adoption.
Education on Bitcoin
Some recent surveys noted that many people in El Salvador are still lagging to understand Bitcoin and they are not able to understand why they should use Bitcoin, while they have Dollar as the best option. Probably these things are forcing the citizens to understand Bitcoin through Google sources.
Recently, Crypto exchange and wallet platform Paxful announced the launch of a Bitcoin education centre in El Salvador to push the adoption of Bitcoin among the citizens of El Salvador by giving them education on how they can take advantage of Bitcoin price fluctuations and exchanges ( buy and sell).
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