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Adoption of bitcoin in Central America: keys to an ongoing bitcoinization

Bitcoinization will arrive within eight years, and as the world moves towards that level of adoption, the Central American region is positioned as a benchmark for the various models under which the use of cryptocurrency is spreading and the reasons that drive it. . 

While technology evolves, the human reaction to innovation is always the same, to the point that it has historically drawn a cyclical pattern that, applied to the adoption of bitcoin, shows that the level of acceptance is in the "first users" phase (the first to be interested).  

However, it is advancing at such a pace that it will reach the “early majority” stage (50% global popularity) faster than other disruptive technologies such as the Internet, smartphones, social media, and electric vehicles.   

The foregoing follows from a report published by the research study Blockware Intelligence in which it analyzes and compares the historical curves of the massive use of various technologies with the exponential growth that bitcoin is reaching .  

The team of analysts that prepared the report believes that it will be in 2030 when the popularity of bitcoin will skyrocket and its use will spread massively, which shows that bitcoinization is unstoppable. 

But how is the bitcoinization process taking place?  

To answer this question CriptoNoticias made a virtual tour of 6 of the 7 Central American countries (Spanish-speaking ones). This with the idea of ​​extracting the keys of how, why and to what extent the acceptance and use of bitcoin is spreading. 

The region has particular characteristics for including the first country in the world that adopted bitcoin as legal tender. Read More...

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