Using Bitcoin for Everyday Purchases: Growing, Uneven
bitcoin adoption for everyday purchases is rising, driven by merchants and apps, but remains uneven across regions and demographics due to volatility, fees, and limited retail acceptance.
Capitalizations Index – B ∞/21M
bitcoin adoption for everyday purchases is rising, driven by merchants and apps, but remains uneven across regions and demographics due to volatility, fees, and limited retail acceptance.
bitcoin’s price reflects supply (fixed issuance, circulating coins), demand (investors, payments, macro liquidity) and market sentiment (news, regulation, speculation), which together drive volatility.
bitcoin carries risks: extreme price volatility, evolving regulatory uncertainty, technical vulnerabilities and network issues, plus access risks from custody, keys loss, outages and scams.
bitcoin prices are driven by supply dynamics (fixed supply, halving), demand factors (adoption, investment flows) and market sentiment-news, social media, and regulatory signals that amplify volatility.
bitcoin’s value rests on capped supply (21M), robust cryptographic security and proof-of-work, and a growing network effect-users, exchanges and infrastructure that enable liquidity and trust.
A global ban on bitcoin is nearly impossible: its decentralized, cross-border network, open-source code, distributed miners and users, and peer-to-peer transfers resist centralized enforcement and shutdown.