South Africa tops Bitcoin Search Interest on Google; topples U.S., Japan
South Africa has beaten an advanced nation like U.S. and a crypto amiable country like Japan in Bitcoin search interest on Google. United States is known to be the top player in terms of Bitcoin trading volume, blockchain based statistics, number of ICOs and exchanges. Also, Japan favours Bitcoin, other digital currencies and happens to be one of the most friendly nations supporting them.
However, in one aspect both these nations fall short of South Africa. The search results explicitly points out that Japan and U.S. stands in no comparison to the number of search results Bitcoin has in South Africa. South Africa along with Ghana has left other nations, allowing Bitcoin and others, far behind. Data of Google Trends suggests that South Africa tops the list of nations having maximum Bitcoin search interest till 3rd September 2018. It is followed by Ghana in the second position and Slovenia in the third place.
In accordance to a scale of 0 to 100, the nations have been ranked by Google Trends. The mark of 100 indicates the nation with maximum popularity in terms of the fraction of searches in that particular place. However, 0 is meant for those regions with lack of data for that term. Likewise, 50 signifies a region with half the amount of popularity.
In this regards, South Africa has achieved a score of 100 for the search interest on Google by “Bitcoin” while U.S has got 52, which is almost half of its score. Ghana and Slovenia both stand together in the second position attaining a score of 75. Japan, despite its reputation of being a cryptocurrency friendly nation could manage to get only 2 points.
In the scoring, a nation like Switzerland has got 59, UK got 44, Hong Kong received 37. Nations like Russia and Saudi Arabia have got low score like 7 and 13, respectively. From the entire scoring result, one thing can be concluded, this is, Africa despite being a lesser developed nation has a bright future for Bitcoin, cryptocurrencies and blockchain technology.
Image via Shutterstock
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