View full page at cryptocraft.com

 

Bitcoin adoption in emerging markets outpacing the developed world

From bravenewcoin.com

Emerging markets winning the race for bitcoin adoption as genuine need outweighs speculation as the driver for peer-to-peer bitcoin trading. Bitcoin adoption, said Andreas Antonopoulos at the Deconomy conference in Seoul last week, will happen incrementally — starting in undeveloped countries, and gradually, as the tech evolves, infiltrating developed markets with new as-yet-unknown applications. Data from LocalBitcoins shows that the first stage of this process has already begun. Peer-to-peer trading volume conducted through the site in emerging and frontier markets now surpasses volume in the developed world, and ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis