When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index

What happened

In its new Bitcoin Adoption Index report, the top college found that El Salvador, Venezuela and Nigeria were the countries that had the highest number of people who had ever owned bitcoin. Bitcoin Magazine When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index Cornell University spoke to 25,880 people about using bitcoin.

Bitcoin Magazine When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index A lot of people know little about Bitcoin and how it works. But despite knowledge being shallow, for those holding the leading cryptocurrency, it appears to be solving a problem: getting around failing banking rails or inflation.

That’s according to new findings from the U.S. Ivy League research university Cornell, which spoke to nearly 26,000 around the globe about Bitcoin.

Key facts

• In its new Bitcoin Adoption Index report, the top college — found: that El Salvador, Venezuela and Nigeria were the countries that had the highest number of people who had ever owned bitcoin