The Netherlands leads the world when it comes to search interest for the term ‘Bitcoin halving’
The Bitcoin block halving is happening in just one week, and Google data shows that searches for the term ‘Bitcoin halving’ are surging in general. This data can also be broken down by country, and it reveals where people are most interested in the Bitcoin halving.
Specifically, Google gives countries rankings from 1 to 100 for interest in a certain search term such as Bitcoin halving, with a rank of 100 meaning that country has the most searches for Bitcoin halving relative to total searches.
Netherlands leads the world with a ranking of 100, followed by Cyprus, Slovenia, Switzerland, Austria, and Latvia, all of which are European nations. Notably, the United States is well behind most European nations with a ranking of just 39.
Thus, this data from Google suggests that the Bitcoin halving is garnering the most interest in Europe.
The Bitcoin ( BTC ) block subsidy halving is all anyone can talk about this week — but according to Google, it’s Europe that is most obsessed. Data from Google Trends shows that when it comes to searching “bitcoin halving,” western and central Europe is leading the way. As Cointelegraph reported , search interest can often translate into adoption through channels such as major exchanges. Purchasing volumes have increased conspicuously since mid-March. As of press time on May 5, these five countries generated the most requests regarding the largest cryptocurrency’s most important coming of age.
The privacy-focused cryptocurrency monero, currently ranked as the 11th most valuable cryptocurrency on data site CoinMarketCap with a total value of just under $1 billion, has added almost 5% in the past week—beating bitcoin’s gains.
The precise reason for monero’s sudden surge wasn’t immediately clear, though there have been a number of positive developments for the bitcoin rival over recent months.
Monero developers recently rolled out an update to its Carbon Chameleon software, designed to improve transaction execution and how the cryptocurrency works with the privacy networks Tor and I2P.
Monero and privacy coins have also recently gained support from some high profile figures in the tech and crypto industry.
“I think we’ll also see privacy integrated into one of the dominant chains in the 2020s,” Coinbase’s chief executive Brian Armstrong wrote in a blog post back in January.
“Just like how the internet launched with HTTP, and only later introduced HTTPS as a default on many websites, I believe we’ll eventually see a privacy coin or blockchain with built in privacy features get mainstream adoption in the 2020s. It doesn’t make sense in most cases to broadcast every payment you make on a transparent ledger.”
The monero price has surged over the last week, beating out bitcoin itself as the broader … [+]
Coinbase
John McAfee, the controversial and outspoken antivirus software developer and curve-ball U.S. presidential candidate, named monero as his cryptocurrency of choice earlier this year.
McAfee made similar allusions to monero’s technological superiority over bitcoin.”Bitcoin was first. It’s an ancient technology. All know it,” McAfee said via Twitter before recommending monero to cryptocurrency users.
“Newer blockchains have privacy, smart contracts, distributed apps and more. Bitcoin is our future? Was the Model T the future of the automobile?”
I am a journalist with significant experience covering technology, finance, economics, and business around the world. As the founding editor of Verdict.co.uk I reported on how technology is changing business, political trends, and the latest culture and lifestyle. I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others. Follow me on Twitter @billybambrough or email me on billyATbillybambrough.com. Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies.
“Unlike the internet, which you couldn’t buy a piece of, you can actually buy a piece of this new internet of money,” Tyler and Cameron Winklevoss told CNN.
“It’s still a retail-driven market, from day one. And a lot of people have done really well. Wall Street has been asleep at the wheel,” the twins warned.
Bitcoin’s epic 2017 bull run, which saw the bitcoin price soar from under $1,000 per bitcoin at the beginning of the year to almost $20,000 in December, was largely thought to be due to Wall Street and institutional investment could be poised to flow into bitcoin and crypto.
“We had to invest because we were afraid of missing out, we couldn’t miss out on this future,” the twins added.
The bitcoin price has been hovering around the $10,000 level after surging earlier this year.
Coindesk
Meanwhile, Tyler and Cameron Winklevoss earlier said they are open to partnering with Facebook chief executive Mark Zuckerberg on the social media giant’s libra cryptocurrency project after it was revealed they have been in talks about joining the Libra Association.
The newly-created, independent governance consortium for Facebook’s planned token currently counts 28 founding members but is expected to swell to around 100 by the time of libra’s launch next year.
I am a journalist with significant experience covering technology, finance, economics, and business around the world. As the founding editor of Verdict.co.uk I reported on how technology is changing business, political trends, and the latest culture and lifestyle. I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others. Follow me on Twitter @billybambrough or email me on billyATbillybambrough.com. Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies.
Cameron and Tyler Winklevoss talk with Ben Mezrich and Paul Vigna about Cryptocurrency and the Future of Money. Recorded July 9, 2019 at 92nd Street Y. What do bitcoin, ether, zcash, litecoin and other cryptocurrencies tell us about where capitalism is going next? And how did the Winklevoss twins see it coming? Cryptocurrency has emerged in the last decade as a powerful bellwether for what money might look like in the future—and Cameron and Tyler Winklevoss are leading the way in how it’s being used. Join them for a fascinating discussion along with author Ben Mezrich (Bitcoin Billionaires) and the Wall Street Journal’s Paul Vigna about the origins of Gemini, their cryptocurrency exchange and custodian, and the future of money. Subscribe for more videos like this: http://bit.ly/1GpwawV Your support helps us keep our content free for all. Donate now: http://www.92y.org/donatenow?utm_sour… Facebook: http://facebook.com/92ndStreetY Instagram: http://Instagram.com/92ndStreetY Twitter: https://twitter.com/92Y Tumblr: http://92y.tumblr.com/ On Demand: http://www.92yondemand.org
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The late cypherpunk and cryptographer had just become the first person to receive the digital currency from its creator Satoshi Nakamoto himself. But more importantly, he had become the first person to trust bitcoin for its immense potential. He would run its code, review its anonymity and environmental drawbacks, suggest changes, and would entirely immerse himself to support an open-source project that would one day grow up to challenge the status-quo of mainstream finance.
