BIS Analysis Shows: Bitcoin and Crypto Are Bought Mainly Because The Price Is Rising

The Bank for International Settlements (BIS) analyzes why people buy Bitcoin and other cryptocurrencies. To do so, it uses a dataset that has not yet been exhausted. Their findings are sobering.

Kai
Coinmonks
Published in
6 min readDec 6, 2022

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Bank for International Settlements in Basel, Switzerland, Image credit: Frank Romero / Flickr

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Kai
Coinmonks

I believe that a world with more people following their dreams with inner peace would be a much better world.