BTC will occupy 5% of the market in the next 4 years
Bitcoin temporarily raised today's highs to the $ 8000 level!
It went down around noon today but ... (◞‸◟)
Now it's in the $ 7000 range, but it will be interesting in the future.
・ The number of Google searches for Bitcoin is high for the first time in a year
According to the trend of the virtual currency market, the number of searches for "Bitcoin" on Google has soared, according to "Google Trend," which can investigate keyword popularity
It is the highest number in the past year.
There is also a correlation with price trends, and it can be seen as one of the indicators that shows the growing interest from investors.
The top three countries with high interest
1 Nigeria
2 South Africa
3 Ghana
And we can see that there is a growing interest in Africa.
The factors include insufficient development of banking infrastructure in the country and high interest in cryptocurrency investment.
According to a survey by the Ministry of Internal Affairs and Communications, the mobile phone enrollment rate in Africa is about 85% at the end of 2014, while the survey shows that the penetration rate of African bank accounts is less than 20% in 2016, and mobile Development of banking infrastructure has been delayed.
There is also a view that such a large number of people without access to the bank is a factor that promotes the spread of virtual currency that does not need to go through a bank account in transactions.
Currently in Japan, the Abe government has set the inflation target of the Japanese yen to 2%.
Inflation is the rise in the price of goods and the decline in the value of money.
In other words, we have a policy to reduce the value of money by 2% a year.
In short, just putting a deposit at a bank with almost zero interest rate means that the value of your asset will decrease by 2% a year.
・ What happens if Bitcoin penetrates as it is?
US VC investor Tim Draper said in an interview with Fox Business on the 10th that Bitcoin will account for 5% of the global market share over the next four years.
Draper is famous for expecting Bitcoin to reach $ 250,000 in 2022.
We talked about the reason for becoming 5% of the market share of the whole world this time as follows.
"Bitcoin is a better currency. It is decentralized and open. It is transparent. Everyone knows what's happening on the blockchain."
Draper said that when he explained the reason for the $ 250,000 bitcoin last November, it will become popular as a payment tool in everyday life, such as purchasing coffee.
"It will only be a year or two before it will be possible to live with cryptocurrency alone."
It is also famous for acquiring 30,000 bitcoins for 1 BTC = 632 dollars when the US government auctioned up bitcoins confiscated from the dark drug site "Silk Road" in 2013.
There are many reasons why Bitcoin will rise, but it is good to look into the reasons for it.
If the reason for going up is stronger than the reason for going down, you can be confident in your investment!
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