Raising Awareness Of Bitcoin's Impact On Society Is Key To Further Adoption
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Bitcoin might not be the world's reserve currency just yet, but it seems that the tide is turning in favor of much broader adoption.
Many believe Bitcoin has already reached a point of critical mass from which it will not turn back. Over the last decade, the world's most popular cryptocurrency has cemented its popularity as a store of value, an investment, an alternative asset, and a safe, internet-based payment rail that knows no borders. It has come a long way and is already far beyond the point of subsistence, yet the goal of mass adoption remains out of reach.
Since it was first introduced in a whitepaper by Satoshi Nakamoto in 2008, Bitcoin has grown and evolved to such an extent that the digital future of the world can now be reimagined. Nakamoto proposed that Bitcoin could serve as a "system for electronic payments" that's able to operate in a permissionless way. It was a revolutionary creation that has matured to such an extent that today many believe the wider cryptocurrency market is slowly but surely decoupling from that of traditional finance to stand on its own two feet as a truly alternative form of money.
Bitcoin adoption has grown in virtually every country in the world. Not only is it recognized by forward-thinking enthusiasts in developed countries like the USA, U.K., Australia, and Japan. These days, it has seen rapidly rising adoption in emerging markets across Africa, Asia, and Latin America.
A recent study by Forrester Research on behalf of the cryptocurrency exchange AAX found that Bitcoin adoption has soared over the past few years in emerging markets, and
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