Bitcoin Stack Exchange
Bitcoin Stack Exchange

Questions tagged [adoption]

Used for questions dealing with the adoption of cryptocurrencies.

57 questions
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10 answers

Effect on economy if Bitcoin was widely adopted

What would the effects be on the world economy if several million people around the world would utilize the Bitcoin currency for their daily transactions? Would you expect the GDP to grow faster or slower and why? I am interested in this, because…
David
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7 answers

Any statistics on usage of Bitcoins by region or country?

I would like to know if there are any statistics on turnover of Bitcoins for each country in the world. A very rough way would be to get a statistic on which traffic to Bitcoin.org by country.
David
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15
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9 answers

Why is Bitcoin fair?

According to the Wikipedia article on Bitcoin: The initial bitcoin distribution is advantageous towards early-adopters. [...] However, the amount of work that must be done for one bitcoin is currently over 500,000 times more than the amount of work…
Jason
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14
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2 answers

What is the difference between Dogecoin and Bitcoin at the network level?

With all the Dogecoin hype, mainstream media has been comparing Doge with established cryptos like Bitcoin. I'm trying to understand the difference at the technical level: It comes up that Bitcoin network has better security. Is that due to the…
John Smith
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10
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8 answers

A "Bitcoin for dummies" guide?

I would like to introduce a number of people that are not necessarily tech-savvy to Bitcoin and instruct them how to make their first payments. Is there some "Bitcoin for dummies" guide that I could be referencing that would be understandable to…
ThePiachu
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8
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1 answer

Which country has the highest number of Bricks and Mortal merchants who accept Bitcoin per Capita?

I have seen many online directories of Bitcoin merchants but fewer bricks and mortar directories. Is https://coinmap.org comprehensive? The great majority all of the listings are for North America and Europe? I hope that listings are being missed…
MMAfan
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8
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4 answers

Psychological price

I live in Europe, and more than a decade ago our national currency was replaced by the Euro. For a few years, everyone calculated back the price in Euro to the old currency when buying something, because it was hard to get a 'feeling' of the price.…
Maestro
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7
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1 answer

What exactly is Microsoft 365 going to support?

I read an announcement that Excel in the upcoming Microsoft 365 is going to support Bitcoin "recognition" and "calculations". What does that mean?
Harry Pillsbury
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7
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1 answer

Can we interpret a rolling average transaction count per block as the 'adoption curve' for Bitcoin?

It is widely accepted that Bitcoin is both a transaction network, and a currency subject to speculative market action like established fiat currencies. In a sense, it is a transaction network with a 'capacitor' in the middle, which happens to be…
Andrew Jones
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6
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6 answers

Beginning 2017 what estimate of individuals own bitcoin?

How many different individuals in the world own bitcoin? I.e. John owns .5btc, Michelle 300btc, Al 4000btc : the answer would be 3. I am interested in the percent of the global population that owns bitcoin as it would be a good indicator of the…
Josh
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6
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4 answers

What is needed to get listed on a currency exchange website?

I have no desire to become a licensed MSB/Money Service Business. That said, what considerations should I have when creating a new virtual currency to be listed on Coinbase, Bitstamp, etc?
makerofthings7
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5 answers

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

The title basically says it all, I'm a new investor looking to fill out my portfolio but I also want to know the lay for the market, what cryptos are worthwhile, and why?
Decentralizd
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5
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2 answers

Correlation of number of (non mining) full nodes to internet bandwidth

Are there any correlation studies showing the number of (non mining) full nodes per country (total or per/capita) compared to average internet connection speeds? I know there are great differences between connection speeds depending on ISP and if…
Game Changer
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5
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2 answers

Is the Bitcoin network slowly closing down?

Consider the following graph: This chart shows the total number of hosts on the network that were connected in the previous 24 hour period. We collect this by listening to Address messages that are broadcast over the network and I got it from…
David
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4
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1 answer

Will people not spending their Bitcoin cause Bitcoin to fail?

Everyone I know that owns Bitcoin (including myself) seems to plan to sit on it until it becomes widely accepted/used and the price sky rockets to a ridiculously high value (100000 dollars each). It's great that the number of merchants accepting…
Joe
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