Top 5 Countries Showing The Strongest Interest in Bitcoin Halving
Top 5 Countries Which Are the Most Interested in Bitcoin Halving
The Bitcoin (BTC) block reward halving is all anyone can talk about this week — but European countries are the most interested in the event, according to Google.
Data from Google Trends indicates that when it comes to searching “bitcoin halving,” western and central Europe is leading the way.
Search interest is often correlated with adoption via channels such as major exchanges. Purchasing volumes have increased significantly since mid-March.
At the time of writing on May 5, the following five countries generated the most requests about the halving, the most important event in the nearest future of Bitcoin.
5. Austria
Already known as a country interested in Bitcoin, Austria is now the fifth most active search source.
Despite being an EU member state, Austria has displayed a rare acceptance of Bitcoin, which few others have followed.
Vienna has long been home to dedicated Bitcoin organizations, such as a so-called “Bitcoin bank” which opened in 2017, along with information hub House of Nakamoto.
4. Estonia
The small Baltic country has already earned a name for itself as a digitally forward-thinking EU member state.
Its e-residency program has been known to the world for years, but the government still has to expand its inclusive policy to a noticeably permissive stance on Bitcoin.
A cryptocurrency exchange listing scheme is now in place but has faced criticism from those who consider the process overly complicated.
Nevertheless, residents are clearly aware of events taking place in the cryptocurrency industry, generating the fourth-highest halving requests this week.
3. Slovenia
Quietly Googling the halving is Italy’s discreet Eastern neighbor, the home of exchange Bitstamp and even a Bitcoin monument.
Slovenia still runs its native national fiat currency, the Kuna, which has managed to fare far better than nearby Hungary’s embattled forint and other non-euro currencies in the area.
In January last year, meanwhile, hundreds of shops started to accept Bitcoin payments thanks to a new app.
2. The Netherlands
A strange amalgam of strict regulations and a huge interest in cryptocurrency, the Netherlands is the second biggest Bitcoin halving Googler among all countries.
Home to various crypto startups, the Dutch government has nevertheless showed that it does not tolerate Bitcoin usage which is not strictly monitored.
The famous Bitcoin City project in Arnhem aside, authorities shut down coin mixing service Bestmixer in 2019, while prosecutions still continue.
1. Switzerland
Perhaps a likely leader, Switzerland now Googles the halving more than any other country in the world.
The Swiss are famous for their permissive regulatory stance on Bitcoin, having produced mainstream cryptocurrency-based finance products for several years.
The country is also home to the Crypto Valley startup mecca in the city of Zug, among the members of which is Bitcoin Suisse, which took out a conspicuous advertising campaign in Zurich Airport.
