Indeed, JP Morgan CEO Jamie Dimon recently reinforced this same line of thinking in an interview at Axios Conference. On a more serious note though, the sentiment that blockchain (the technology) will outlast cryptocurrencies (like Bitcoin) is slowly materializing into a popular mainstream narrative.
In any case, I guess the meme that crypto-enthusiasts are really ‘in it for the tech’ is for once not that far off from the truth – according to the numbers, at least. Taking a look at all this through Google Trends data shows rising interest from developing and planned economies, along with more interest in non-bitcoin cryptocurrencies. As such, there is no telling what the real numbers for ‘blockchain’ and ‘cryptocurrency’ searches are. The astronomical rise of bitcoin and other coins such as Ethereum and Ripple, along with government trading bans and million-dollar exchange hacks dominated headlines. “The resulting numbers are then scaled on a range of 0 to 100 based on a topic’s proportion to all searches on all topics,” Google explains. It’s worth pointing out that Trends only shows the relative popularity of a search term. Indeed, Google Trends suggests that ‘Bitcoin’ is nearly 10-times more popular than terms like ‘cryptocurrency’ and ‘blockchain.’įor the record, prior to 2017’s crypto-hype train, the data shows searches for the terms ‘cryptocurrency’ and ‘blockchain’ have remained relatively close in popularity over the past five years – with the exception of a few irregularities. There is a lot more to the cryptocurrency industry than just Bitcoin. In all fairness, Bitcoin continues to be the most commonly searched “crypto” term by far. Explore search interest for cryptocurrency by time, location and popularity on. Another cause may be the fact that Bitcoin (BTC) price remains below its all-time high. See interest by region on Google Trends for cryptocurrency - Worldwide, Past 12 months. Top Trend: Digital Assets A very interesting trend is taking place lately. That is a very interesting development, especially for projects looking to broaden their audience. Cryptocurrency Cryptocurrencies available on Google Finance. Ongoing civil unrest around the world may explain the lack of public interest. When it comes to alternative cryptocurrencies, different parts of the world seem to use different search terms, according to Google Trends. Market indexes Most active Gainers Losers Climate leaders Crypto Currencies. The app is simple: it displays 3 graphs, first todays trends by search volume over the past 30 days. And it has consistently attracted more searches than ‘cryptocurrency,’ since at least September. Google Trends data shows that the number of searches for terms like Bitcoin, Ethereum, and crypto is much lower than it was in late-2017. Google trends crypto website (MyBlackSwan v0.3). Cryptocurrency enthusiasts in all of Europe, parts of Africa, Mexico. Similar to the trend above, the term altcoins is predominantly found in certain regions. A fierce battle is being fought between altcoins and digital assets as of late. The first time ‘blockchain’ briefly overtook ‘cryptocurrency’ (after last year’s hype) was in July. Even so, altcoins is not necessarily the most popular trend, according to Google Trends.
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