Bitcoin is booming and has finally reached mainstream awareness levels. According to a recent survey by Lendedu, which asked 1,000 Americans whether they had heard of bitcoin, 78.6 percent responded ‘yes’. This is in contrast to a similar survey conducted by Bloomberg in 2013 when only 42 percent had heard of it.
Bitcoin can now be purchased via ATMs in many major cities, on various regulated online exchanges, and even at post offices in Austria. Furthermore, countries such as Japan and the Philippines have officially legalized bitcoin as a digital payment system as they recognize the value it can bring to their economies. Whether early bitcoin adopters like it or not, the reality is that bitcoin is slowly but surely becoming a part of the global financial industry.
