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Author Topic: Where Bitcoin has been googled the most?  (Read 511 times)
btc_angela
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April 30, 2022, 04:25:49 AM
 #21

Anyone notice though about the mis spelling of "El Salvador"?

Just nuisance though, I mean you present the data but then got it wrong?

As others have said, it's no surprise that El Salvador and Nigeria are on top. Nigeria has been on the top of the list years ago and obviously are very active in trading. I remember people doing arbitrage as well and selling bitcoin at a premium in Nigeria. Surprised to see Singapore, just a tiny nation in South East Asia, but very rich and the population are composed of young professionals and maybe that is the reason why they are in the list ahead of countries like South Korea and Japan in that region.

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April 30, 2022, 07:13:30 AM
 #22

El Salvador deserves to be on top because it is a country that legalizes bitcoin and its people should know and learn about bitcoin as a whole because bitcoin has become a means of payment there they should know and google is the best for further discovery.
Google is a place for many people and all countries to look for research and so on related to bitcoin, bitcoin continues to grow and is popular which makes many people feel curious and try to find it on google.

 
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April 30, 2022, 07:34:12 AM
 #23

El Salvador should be at the top of the list because of how its inhabitants use cryptocurrencies. In the case of Nigeria, the second country on the list, I believe that Bitcoin and cryptocurrency are accepted and used by its citizens despite the fact that they have not been legalized by the Nigerian government. Although it is not completely prohibited, some citizens obtain a means of survival through crypto trading, and P2P transactions are another source of income for some of its citizens.

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April 30, 2022, 08:16:10 AM
 #24

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.
Did you mean Nigeria? Bitcoin is not banned by government in Nigeria, it is only banned by their central bank. Nigerian government are not saying anything about bitcoin, this is the reason their central bank have such power which can be overridden by the government power if they pass a bill in favour of bitcoin.

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
If Nigeria is not existing in the world, that does not eliminate scam and other criminal activities, perhaps the level of scam activities in countries like US and other developed countries is also high. Ransomware attack is never rampant in Africa unlike in continents like Asia and Americas. Criminal activities differs and can be rampant in one country or continent than another. The more there are people existing in the world, the more there will be scam and other criminal activities. The best approach is to know how to avoid scam.

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Before clicking on this thread, I was expecting countries from Africa to rank pretty highly not only because its banned in some of those areas, but for me Bitcoin is the best opportunity to escape corruption, as well as the rat race of earning pennies, while in the long run those earnings being mitigated by rising inflation.
This is the reason people in Africa do not save money in their fiat, if I should be truthful about this as it is happening in real life, Africans like cryptocurrencies like bitcoin and also ones like USDT and some other stable coins (stable coins like USDT can be frozen even on noncustododial wallet, it is not a good coin because it is centralized). African that know about cryptocurrencies like it because they prefer currencies like dollar, euro and pound because it is a hedge for them against inflation, they can easily access it than going to bank to open a domiciliary account. Dollar, euro and pound face inflation too, but inflation is worst in Africa and they see the developed nations fiat as a hedge against the inflation in their country while they buy stable coins as they are pegged with currencies like dollar. The reason they like bitcoin also, especially during bull market year.

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April 30, 2022, 08:25:26 AM
 #25

I think it's unfair since you're search the last 7 days only, not the entire years. If you set on a previous month, previous year, or entire years, I doubt the number one still El Salvador because the high demand of El Salvador started when Bitcoin get legal tendered in their countries.

Also not everyone use google as their main browser, google is suck and can spy your activities.

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April 30, 2022, 09:17:07 AM
 #26


What is another interesting with this list is that United States of America does not figure in the top 10...though it does not mean that USA is that very important in the whole cryptocurrency market. among the top 10, it is Nigeria that can be a little bit more surprising all because we know that the government in there is not that so friendly with cryptocurrency and they barred the involvement of the banking industry with it so it is hard for people to buy and convert crypto with the fiat money...but they can instead do P2P which is actually burgeoning in that country.

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April 30, 2022, 10:02:38 AM
Merited by rby (2)
 #27

For example, a country that has banned it, but still has a lot of people searching up, suggests that the people of that country are looking for ways to beat the system potentially or they don't have full faith in their countries decisions or it could be in direct reaction to the banning of a cryptocurrency that they've never heard of or understood.

So, while these trends aren't painting the whole picture, when you look at supporting evidence, you can kind of get a overall feel for how that country feels towards Bitcoin, without actually living there.

This is exactly what is going on with many of the countries, i think we have to be practical here and let use Nigeria as an example, am proudly a Nigerian and I really know about what is ongoing currently in the country as regards bitcoin and crypto at large, i also agree that Nigeria had a second place in the most search word on google (bitcoin) the government here does not ban cryptocurrency in it entirety on the citizens, it only ban the commercial banks from having any crypto related transactions, that's the first instance, secondly ibsee how desirous are the Nigerian youth in soughting  out on how to go about in bitcoin because bitcoin is the most pronounced name inbthe country when it comes to digital economy and i can see how many citizens got eager to know more about it despite we are rated the highest in Africa and top users of some exchanges.

The citizens have gone far beyond the expectations of the government in dealing with bitcoin as an investment and a good source of value while the young adults are fully participating through the opportunities in the bitcoin trading using different platforms, i also realized the need by the youths to earn a sustainable living through bitcoin in which the government and their E-Naira CBDC launched could not make any difference in alleviating poverty and unemployment in the country, the country currency keep depreciating and inflation hitting every nooks and crannies, it experience recession some years back before the change in power the makes a slight difference, i also understand its a developing country but you need to see the rate of how the citizens are soughting out for a good living through the role of bitcoin in their economy considering it also as most populous in Africa, why wouldn't it have the highest search of bitcoin on the google and beyond.

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April 30, 2022, 11:32:53 AM
 #28

It's not very useful that it's just one image that has a huge watermark on it, and the link is just to the website itself. It would be much better to see at least a big image of the map, if not an interactive map. And to see what exactly was accounted for in this search results. Maybe 7 days isn't enough time to be representative of the regions, for example. And it's natural that people whose native language isn't English and where Bitcoin is not written the way it's written in English would largely google it in their native languages, but it should still count for a fair infographic, IMO.

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April 30, 2022, 12:31:57 PM
 #29

btc_angela: I'm definitely not surprised at Singapore. I'm Southeast Asian and they, while clearly smack in the centre and a member of our region, are alike us in every bit except living standards and economic development indicators -- the likeliest blockchain hub in our part of the world and almost certainly the most able to adapt to such needs.

They're big on blockchain and crypto ALREADY and bigger still on fintech, I'm just not sure if Bitcoin itself would appeal most -- for reasons only that they like risk more than certainty. And yes, I welcome any Singaporeans to disagree Wink

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April 30, 2022, 12:33:38 PM
 #30

~
Also not everyone use google as their main browser, google is suck and can spy your activities.
This is a fact that not everyone uses google but i was expecting countries with huge populations coming on top but incidentally it was El Salvador and then comes Nigeria, Georgia, Turkey and Netherlands. Majority are using VPN and hence i doubt all these evaluation can be accurate because China is in the list and i am sure majority use some sort of proxies or VPN and i did not find India in that list.
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April 30, 2022, 01:17:25 PM
Last edit: May 03, 2022, 12:32:13 PM by DdmrDdmr
Merited by Rikafip (1)
 #31

Just to remark, once more, what @Rikafip has highlighted on this thread: The information that Google Trends displays is an indicator, but it is expressed in relative terms, not absolute terms. That means that one country could be making the most searches for bitcoin worldwide, but still appear far from the top.

That could easily be the case of USA, which appears in the 18th position on Google Trends (page through the list) for the same timeframe. What’s more, USA figures with a rating of 13, for 100 for El Salvador. That means that, in the given timeframe:

- El Salvador has the highest ratio of searches for the term "bitcoin" in relation to all searches on Google made within the country. Thus the 100 indicator attributed to the maximum ratio, regadless of the ratio value itself (i.e. 100 could be equating 100000 searches for "bitcoin"/50000000 searches in El Salvador).

- El Salvador searches for the term "bitcoin" is, proportionally, over seven times more than in USA (100/13), in relation to all the searches made within each of these countries on Google. That is, therefore, in relative terms. In absolute terms (number of actual searches), USA may be well above El Salvador.


Also note how, by checking the "include regions with a small search volume" check box (below the map on Google Trends), we see how the Republic of Central Africa figures in second position very close to El Salvador. RCA is small in terms of population (close to 5M), and on top of that, it’s ratio of internet penetration is only of around 7,1%. Nevertheless, due to recent known events, they are likely searching for bitcoin way more these days than before, thus the high relative ratio in the searches and the second position in relative terms (despite the small search volume that Google indicates, which means that, overall, the absolute value is not really that big).

Note: I’m not sure how legit the image in the OP is in terms of forum rules:  The OP lacks referencing the source (which is Google Trends set with a 7 day view and a worldwide search), and it’s also providing publicity to the OP’s company outside of the usual legit boards, which in this case does not provide any other purpose nor enriches the information.

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April 30, 2022, 04:56:06 PM
 #32

I think it's unfair since you're search the last 7 days only, not the entire years. If you set on a previous month, previous year, or entire years, I doubt the number one still El Salvador because the high demand of El Salvador started when Bitcoin get legal tendered in their countries.
Well, this topic is about the last week and no one is stopping you from sharing the results from the last few months/years etc.


Also not everyone use google as their main browser, google is suck and can spy your activities.
Not everyone of course but vast majority of people do use Google so results are probably pretty accurate.


Note: I’m not sure how legit the image in the OP is in terms of forum rules:  The OP lacks referencing the source (which is Google Trends set with a 7 day view and a worldwide search), and it’s also providing publicity to the OP’s company outside of the usual legit boards, which in this case does not provide any other purpose nor enriches the information.
Since OP just shared that graphic with his company name and never bothered to leave a reply to any of the posts, whole purpose of this topic was probably to promote the said website and nothing else. And yeah, it would be fair to mention the source of data but as we know bitcointalk is very lenient when it comes to even blatant stealing of someone else's images, let alone this.

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April 30, 2022, 05:21:29 PM
Merited by Anonylz (2)
 #33

     Damn, I never expected to not see countries that are very pro bitcoin in this list specially El Salvador. It seems like the people of El Salvador really aren't that curious with bitcoin and may have been just forced to adapt because of the government. With this, we can easily understand that mass adoption cannot be forced. Only when bitcoin and the other altcoins don't get talked crap about by influential people will we see a genuine increase on the number of mass adoption around the world. And only in such conditions should governments try to slowly legalize bitcoin and not as fast as El Salvador which has caused a failure.
I don't believe the people of El Salvador were forced to adopt Bitcoin. They have the option to use their local Fiat as they do with Bitcoin and if you say they they are continually making research to understand Bitcoin more which leads to what is presented in the chat, I'd agree and as for Nigeria, we do know that the Government has not been able to provide the enabling economy for the ever-growing youths to thrive hence the surge into cryptocurrency so no surprise there to see Nigerian on the top of that list.
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April 30, 2022, 05:25:18 PM
 #34

It would be interesting to see two kinds of statistics: in proportional and general numbers. So, despite the small, less populated countries which highlight themselves in bitcoin key search, like El Salvador and Nigeria, we could also see the countries where bitcoin has more enthusiasts and curious people about it.

Anyway, in my opinion I don't think the statistics presented by google are accurate, because if you take a poor country where only a small portion of the society has internet access, it's likely to see a higher number of bitcoin searches, because that is only the educated parcel of the population who have access to google. While there are another countries where vast majority of population has access to internet, including the uneducated ones, so it's likely the number of bitcoin searches will be severely diluted among so many other worthless searches about celebrities, gossips, tv shows and so on... This way, these countries are never going to be shown on the statistics with positive results, although there are a much superior number of bitcoin enthusiasts there in every aspects possible and imaginable (even proportionally speaking), if compared to the top ranked countries.

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April 30, 2022, 05:48:30 PM
Last edit: April 30, 2022, 08:24:05 PM by Rikafip
Merited by uneng (1)
 #35

Anyway, in my opinion I don't think the statistics presented by google are accurate, because if you take a poor country where only a small portion of the society has internet access, it's likely to see a higher number of bitcoin searches, because that is only the educated parcel of the population who have access to google. While there are another countries where vast majority of population has access to internet, including the uneducated ones, so it's likely the number of bitcoin searches will be severely diluted among so many other worthless searches about celebrities, gossips, tv shows and so on... This way, these countries are never going to be shown on the statistics with positive results, although there are a much superior number of bitcoin enthusiasts there in every aspects possible and imaginable (even proportionally speaking), if compared to the top ranked countries.
Your theory would make sense if top consists of mostly poor countries where not many people have Internet access, but that's simply not true. Only 2 out of those 10 (El Salvador and Nigeria) can be called poor, and if you expand that list to top 30, only 3 more are in that group of "poor" countries. Also, I think that even in poor countries people nowadays have access to internet as it's not 2000s anymore, now all you need is a $100 smartphone to be able to access the internet. Not of course as fast and stable like in developed countries, but access nevertheless.

Another thing, keep in mind that Google has an option to exclude countries/regions with low volume (countries like Cayman Island, Luxembourg and various tiny island-states). For those interested, below is the full list for the 7 days period, including the countries with the low search volume (you will notice that those countries don't have the rating in this list but can see it if you check the link below the list).

Code:
El Salvador,100
Central African Republic,
Nigeria,34
Namibia,
Netherlands,26
Liechtenstein,
Turkey,25
Cayman Islands,
Switzerland,24
Austria,23
Curaçao,
Cameroon,
Caribbean Netherlands,
St. Kitts & Nevis,
Antigua & Barbuda,
Barbados,
Andorra,
Canada,20
Sint Maarten,
Slovenia,20
Bermuda,
Bahamas,
Cyprus,
Singapore,19
St. Helena,
Bhutan,
Aruba,
Germany,19
Seychelles,
Mauritius,
Ghana,17
Belgium,16
Czechia,16
Kosovo,
St. Martin,
Botswana,
Papua New Guinea,
Trinidad & Tobago,
Luxembourg,
Australia,15
Northern Mariana Islands,
Suriname,
Chad,
Turks & Caicos Islands,
Croatia,14
Madagascar,
Grenada,
Belize,
Spain,14
Togo,
Benin,
United Arab Emirates,13
Iceland,
United States,13
St. Lucia,
U.S. Virgin Islands,
South Africa,13
United Kingdom,13
Isle of Man,
Burundi,
Slovakia,12
Côte d’Ivoire,
New Zealand,12
St. Pierre & Miquelon,
Ireland,12
Lebanon,
Portugal,12
Jersey,
Gibraltar,
Anguilla,
Dominica,
British Virgin Islands,
Albania,
Estonia,
Kenya,11
Brazil,11
North Macedonia,
Congo - Brazzaville,
Finland,11
Åland Islands,
Malta,
Sweden,11
French Polynesia,
Guernsey,
Italy,10
St. Vincent & Grenadines,
Romania,10
St. Barthélemy,
Guam,
Mali,
Pakistan,10
Brunei,
Zimbabwe,
Ethiopia,
Faroe Islands,
Jamaica,
Argentina,9
Lesotho,
Panama,
Eswatini,
Rwanda,
Poland,9
Norway,9
Colombia,9
Georgia,
Venezuela,9
Maldives,
Bahrain,
Hong Kong,8
Bulgaria,8
Malaysia,8
France,8
Greece,8
Guyana,
Réunion,
Equatorial Guinea,
Burkina Faso,
Zambia,
San Marino,
Cuba,
Gabon,
Montenegro,
Costa Rica,
Mongolia,
Marshall Islands,
Afghanistan,
Lithuania,
Somalia,
Serbia,7
Latvia,
Hungary,7
Guadeloupe,
Fiji,
Gambia,
Greenland,
Angola,
Paraguay,
Djibouti,
Senegal,
Mexico,7
Dominican Republic,6
Bosnia & Herzegovina,
Macao,
Israel,6
Laos,
New Caledonia,
Denmark,6
French Guiana,
Armenia,
Niger,
Tunisia,
Uruguay,
Sri Lanka,
Cambodia,
China,
Honduras,
Vanuatu,
Tanzania,
Peru,6
Morocco,6
Cape Verde,
Chile,6
Vietnam,6
Guinea-Bissau,
Qatar,
Philippines,5
India,5
Moldova,
Uganda,
Malawi,
Russia,5
Sierra Leone,
Thailand,5
Guatemala,
Mauritania,
Kuwait,
Ecuador,5
Puerto Rico,
Solomon Islands,
Turkmenistan,
Palestine,
Martinique,
Nepal,
Haiti,
Western Sahara,
Azerbaijan,
Guinea,
Mozambique,
Mayotte,
Palau,
Liberia,
Nicaragua,
Bolivia,
South Sudan,
Myanmar (Burma),
Iraq,
Indonesia,3
Oman,
Jordan,
Bangladesh,3
Algeria,
Uzbekistan,
Belarus,
Ukraine,3
Samoa,
Congo - Kinshasa,
South Korea,3
Saudi Arabia,2
Kazakhstan,
Kyrgyzstan,
Iran,2
Syria,
Egypt,2
Libya,
Tajikistan,
Yemen,
Taiwan,1
Sudan,
Timor-Leste,
Japan,<1
Kiribati,
Svalbard & Jan Mayen,
Micronesia,
Cook Islands,
Comoros,
São Tomé & Príncipe,
Montserrat,
Eritrea,
Tonga,
American Samoa,
Falkland Islands (Islas Malvinas),
Antarctica,
French Southern Territories,
Bouvet Island,
Cocos (Keeling) Islands,
Christmas Island,
Heard & McDonald Islands,
British Indian Ocean Territory,
Monaco,
Norfolk Island,
Niue,
Nauru,
Pitcairn Islands,
North Korea,
South Georgia & South Sandwich Islands,
Tokelau,
Tuvalu,
U.S. Outlying Islands,
Vatican City,
Wallis & Futuna,
Source: https://trends.google.com/trends/explore?date=now%207-d&q=bitcoin

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April 30, 2022, 05:56:02 PM
 #36

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?

I do not find it ironic at all given that the people of El Salvador are most likely curious about the effects of accepting BTC as a form of legal tender to their country. In addition, there are also some people there who are unaware of the existence of cryptocurrencies, so it is but obvious but for them to search about it to know on why their government adopted such change to their current transaction system.

I am surprised that the countries in Asia only included Singapore on where BTC was googled the most. What happened to China and their support?

R


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April 30, 2022, 06:09:42 PM
 #37

That list could soon be expended with the Central African Republic as the country has become the world's second nation that has adopted Bitcoin as legal tender. The only problem is that very few people have electricity there, let alone mobile phones and internet. Judging by some stats I found, around 11% of the population has access to the Internet. That's a bit more than 550.000 citizens. 14% of the total population have electricity in their homes.   

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April 30, 2022, 08:12:29 PM
 #38

I am surprised that the countries in Asia only included Singapore on where BTC was googled the most. What happened to China and their support?
Check my previous post and you will find more countries including the Asian ones, the one OP shared was only the top 10. Regarding the China missing on the least, reason is simple: Google is banned in China.


That list could soon be expended with the Central African Republic as the country has become the world's second nation that has adopted Bitcoin as legal tender. The only problem is that very few people have electricity there, let alone mobile phones and internet. Judging by some stats I found, around 11% of the population has access to the Internet. That's a bit more than 550.000 citizens. 14% of the total population have electricity in their homes.    
As a matter of fact, Central African Republic is the 2nd on the full list with the 94 score meaning bitcoin term was almost as popular as in El Salvador. The reason why it's missing on the list in the first post is because Google excludes countries with low search volume and as you pointed out that only 11% of the population has access to the Internet no wonder that their search volume is low.

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April 30, 2022, 09:35:19 PM
Last edit: April 30, 2022, 09:50:54 PM by Oluwa-btc
 #39

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

You don't conclude things in your own way, you write without fact's, so what do you ja e to back your writings that Nigeria is highly seen as scam capital ?
Go Doyr and you'll see nations ranked before Nigeria. If you know the number bof people that relied on Bitcoin and Crypto during the Covid pandemic,a lotta folks sold coins to fend for families. The central Bank of Nigeria are chiefly responsible for the ban of Bitcoin and other p2p transactions not the government but I see no reason why the government can't come into this though. With the high rate of inflation and corruption Nigeria do need too rely on this bitcoin.
Expecting a change in hands in the government next year as the new aspirants will be tasked to adopt bitcoin else no voting! Period!
Wagwan with them South Americans, Australia and Antarctica, seven continents huh ? Ain't no awareness down that ends ?

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April 30, 2022, 10:01:52 PM
 #40

so far there is no criteria for countries that frequently visit and search for bitcoin, every country will definitely have a search for bitcoin, in the picture elsavador is the highest country in the search trend, logically one thing is reasonable because elsavador is the first country to adopt bitcoin as a means of payment. legal

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.PLAY2EARN.RUNNER.GAME.
||VIRAL
REF.SYSTEM
GAME
|
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