According to Statista, only 7% of US citizens surveyed had ever used Bitcoin. Of the 10 countries polled, the USA ranked 8th with Nigeria, Vietnam, and South Africa leading at the top 3. Although this was a sample size survey of 1,000 - 4,000 participants, this shows that Bitcoin is still very early in its growth stage.
Simultaneously, institutional investors have been buying up BTC, with Microstrategy and Stone Ridge buying half a billion dollars worth of Bitcoin combined.
For those of you reading this, it is great news. This means that if you're interested in buying Bitcoin, now could be a great time to do so [this is NOT financial or investment advice]. Those who have done the research, are convinced of BTC's potential, and mentally prepared to hold it for the long term, will be rewarded greatly. This is especially true as ex Goldman Sachs head of European Hedge Fund Sales Raoul Pal has predicted the price of a single Bitcoin will reach 6 figures in the near future:
Many simply don't know where to start, this is where The Bitcoin Kit comes in. In this easy-to-read guide, you'll learn the quickest way to buy, sell, and trade Bitcoin.
You'll also learn ways in which you can earn Bitcoin for everyday tasks, best practices recommended by veteran investors, and much more.
Join this revolution with ease by starting with a free crypto dictionary.