Re: Worsening Lebanese Crisis May Spark Bitcoin Adoption
⭐ Merited by hatshepsut93 (1)
I do not think the people are too aware of Bitcoin, like for example the Turks are, who as soon as we had a few months ago the Turkish Lira nose dive, you saw hoards of Turks going into Bitcoin and the digital currency markets at large.
Where's the evidence for that?
Turkish Localbitcoins volume has been tiny since forever and what spikes there are have followed everyone else's attention. This week it's been a deeply impressive $31,000.
As for that survey that told us 20% of the Turkish population owns BTC, gimme a bleedin' break.
the turkey hype was a load of crap.
however, it seems like there is actually some substance behind the claims of growing adoption in venezuela amidst the turmoil there. they are now 4th in the world in localbitcoins volume:
localbitcoins data obviously doesn't tell the whole story, but the fact that they are doing half the volume of the USA really says something.