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2025-07-30 19:27:01 UTC

npub1ds…7yv6n on Nostr: For What—and How—Do People Use Bitcoin? Is bitcoin being saved? Spent? Stored? ...

For What—and How—Do People Use Bitcoin?

Is bitcoin being saved? Spent? Stored? All of the above?

In Week 3 of the Cornell Global Bitcoin Adoption study, we asked: What does it actually mean to “use” bitcoin?

Across 24 countries:
💰 Most allocate less than 25% of their savings to bitcoin
💸 1 in 3 owners transact with bitcoin weekly
🔐 Most don’t understand the difference between custodial and non-custodial wallets

What we found is that use varies by context. In some places, bitcoin is an investment. In others, it’s a lifeline. This isn’t just about transactions—it’s about beliefs, behaviors, and economic agency.

📙 Read Week 3 here: https://www.cornellbitcoinclub.org/repository/week3