[2018-11-01] ‘Blockchain’ is now more popular than ‘cryptocurrency,’ according

[Dominic_Johnson]

It’s not the flippening everyone has been talking about, but Google search data reveals people are finally starting to show more interest in blockchain than cryptocurrency. Following the massive hype cycle at the end of last year, Google Trends suggests the term ‘blockchain’ is gradually becoming a more popular search criteria than ‘cryptocurrency.’ The first time ‘blockchain’ briefly overtook ‘cryptocurrency’ (after last year’s hype) was in July. And it has consistently attracted more searches than ‘cryptocurrency,’ since at least September.

In all fairness, Bitcoin continues to be the most commonly searched “crypto” term by far. Indeed, Google Trends suggests that ‘Bitcoin’ is nearly 10-times more popular than terms like ‘cryptocurrency’ and ‘blockchain.’ For the record, prior to 2017’s crypto-hype train, the data shows searches for the terms ‘cryptocurrency’ and ‘blockchain’ have remained relatively close in popularity over the past five years – with the exception of a few irregularities. It’s worth pointing out that Trends only shows the relative popularity of a search term. “The resulting numbers are then scaled on a range of 0 to 100 based on a topic’s proportion to all searches on all topics,” Google explains. As such, there is no telling what the real numbers for ‘blockchain’ and ‘cryptocurrency’ searches are.

Full article : https://thenextweb.com/hardfork/2018/11/01/cryptocurrency-google-bitcoin-blockchain/

[hatshepsut93]

Not like Google trends matter too much, but still it's nice to see that "Bitcoin" searches are much more popular than both "blockchain" and "cryptocurrency". So many people are telling that Bitcoin is old, outdated, doomed, slow, etc, and that blockchain/altcoins will replace it, but in reality majority of people are still interested in Bitcoin, and Bitcoin achieved this without any professional teams of marketers.

[gentlemand]

Just goes to show how little comprehension there is out there, which is why they're searching I suppose. Some day people will figure out a blockchain without a cryptocurrency to secure it is going to be hopelessly weak, and much of the time a blockchain is a pain up the arse and a database will do a better job.

[LeGaulois]

@hatshepsut93
This more than a google trend. Outside cryptos there are a lot of industries R&D. And it's a simple logic. There are more use cases with the blockchain than with Bitcoin. There are now several companies investing/promoting/educating/researching/dev... I can name IBM for exemple.

@gentleman
The blockchain technology has a better potential than Bitcoin. Supply chain, national defense, telecom,... It will attract more funds. The big firms and the VC are already investing millions of dollars in R&D. If Bitcoin can disappear, the blockchain technology is here to stay

[gentlemand]

@gentleman
The blockchain technology has a better potential than Bitcoin. Supply chain, national defense, telecom,... It will attract more funds. The big firms and the VC are already investing millions of dollars in R&D. If Bitcoin can disappear, the blockchain technology is here to stay

The more R&D they do the sooner they'll realise that in most cases it's not useful compared to what they already have and use. I think it'll wind up having plenty of new use cases and very few traditional ones.

[LeGaulois]

@gentleman
The blockchain technology has a better potential than Bitcoin. Supply chain, national defense, telecom,... It will attract more funds. The big firms and the VC are already investing millions of dollars in R&D. If Bitcoin can disappear, the blockchain technology is here to stay

The more R&D they do the sooner they'll realise that in most cases it's not useful compared to what they already have and use. I think it'll wind up having plenty of new use cases and very few traditional ones.

Are You serious? They will save millions of dollars yearly, and even a month for some industries for a much robust and smart system. With a smart contract, it extends the use cases and it is what is "smart city". The traditional uses case will be here and a lot, but people will use it without being aware of what it is

[Irvinn]

Of course, it should be so, because the blockchain technology is much wider than the cryptocurrency itself. This year cryptocurrency has fallen sharply in popularity due to the fall and the long stagnation of the cryptocurrency market. Therefore, people are interested in the technology itself to understand what it can do.

[vit05]

Blockchain is a more universal term than cryptocurrency. It is a less translated term for local languages and much more used as a brand or definition of projects in several areas.

[Alex_Zi]

Technology goes forward then it's value! New trend in cryptocurrency world, but the old Bitcoin still on top for the last few years.

[1BTC EQUALS 1CAR]

Was that suppose to make us feel us good? Because I don't see anything about it that fascinates me. When people search blockchain, some of its results and contents will also show cryptocurrency or either bitcoin and altcoins. So there's no difference after if the other is much popular than the other.

[dreamhouse]

This is probably normal, the technology's usage is far beyond the cryptocurrency domain, it has so many new domains to use.