Cryptos Platform logo Cryptos Platform logo
TipRanks 2022-09-12 15:32:48

Grasping Bitcoin’s Growing Dominance in Emerging Economies: Interview with AAX’s Ben Caselin

Since its launch in 2009 by the pseudonymous Satoshi Nakamoto, bitcoin (BTC-USD) has established itself as a household name, thanks to growing awareness surrounding its use and the publicity of its potential, helping cement itself as the largest cryptocurrency by market capitalization. Despite the limitations of the earliest blockchain network and the price per coin, growth atop the network (namely user adoption rates) is still rapid.  Recent reports indicate that bitcoin’s global adoption rate jumped by 880% between 2020 and 2021. The greatest pace of adoption lies primarily in emerging markets, especially those constantly grappling with high inflation and limited access to traditional financial services.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.