When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index

Key points

• Cornell University's Bitcoin Adoption Index found El Salvador, Venezuela and Nigeria had the highest shares of respondents who have ever owned bitcoin.
• The report said bitcoin functions as a practical workaround where currencies are unstable and banking access is limited, rather than as a speculative bet.
• Researchers surveyed 25,880 people across 25 countries from December 16, 2024 to March 10, 2025; 58% didn't know supply is capped at 21 million.

AI summary of Bitcoin Magazine’s report, written only from the publisher’s text. Read the original for full context.