Bitcoin is unstoppable – as China proves

Bitcoin is unstoppable – as China proves

  • Bitcoin
  • September 21, 2022
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Bitcoin has, once again, proved it is an unstoppable force in the global financial system – and what’s surprising is that it has done so in China.

Blockchain analytics firm Chainalysis has released its 2022 Global Cryptocurrency Adoption Index detailing world usage of Bitcoin and other digital currencies.

Emerging markets dominate the adoption index. The World Bank places countries into four categories based on income levels and overall economic development: high income, upper middle income, lower middle income, and low income. Using that framework, we find that the middle two categories dominate the top of the index.

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