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Following
BTC 
DOGE 
ETH Cornell University recently released a "Bitcoin Adoption Index" report. The report shows that a large number of bitcoin holders do not live in wealthy financial centers, but in countries with unstable economies and difficulties in obtaining U.S. dollars. The investigators interviewed 25,880 respondents in 25 countries and found that in terms of the proportion of respondents who had ever owned Bitcoin, it was not wealthy regions that ranked first.
In contrast, economies such as El Salvador, Venezuela and Nigeria rank among the top in the proportion of respondents who have ever owned Bitcoin. These economies have been chronically unstable, their currencies have devalued, reliable banking services are difficult to obtain, and the U.S. dollar is difficult to obtain.
In El Salvador, 72% of respondents admitted to having owned Bitcoin (even for a short time). The proportion in Venezuela and Nigeria is 44%.
Cornell University surveys show that Bitcoin has become a lifeline in countries that lack dollars and have unstable economies. The functionality of this top-level cryptocurrency is more like a practical workaround than a speculative tool.
High recognition, low holding rate
Today, people's awareness of Bitcoin is much higher than in the past. 90% of respondents said they had heard of Bitcoin. The ratios for Ethereum (ETH) and DOGE (DOGE) are 48% and 38%, respectively.
However, the holding rate remains low. Only 30% of respondents admitted to having owned Bitcoin. Currently, only 13% have owners, and another 17% have owned but no longer own them.
According to Cornell University, people's understanding of Bitcoin's technical details is "shallow." Only 13% of Bitcoin insiders know that its supply limit is 21 million coins. 58% said they "don't know" its maximum supply.
% indicates the percentage of each reason selected as "important" or "very important"
Investment and Risk Perceptions
Among Bitcoin holders, investment opportunity (79%) and personal freedom (73%) are the most frequently mentioned reasons for holding Bitcoin. Among non-holders, the main reasons were lack of interest (37%) and unaffordability (26%).
49% of respondents believe that Bitcoin is riskier than gold. 46% believe it is riskier than real estate, and 46% believe it is riskier than the U.S. dollar.
BTC/USD
As of this writing, Bitcoin is trading at US$80,745.
