Google data: Bitcoin has searched 10 times more than "blockchain" and "cryptocurrency"

Of& nbspPrashant Jha

Data from Google Search for 2018 show that Bitcoin's popularity is even higher than the underlying Blockchain technology. People have tried "Bitcoin" 10 times more than "Blockchain" and "Cryptocurrency"

The popularity of Google search is measured on a scale from 0 to 100 and the search for "cryptocurrency" decreased from 100 to December 2017 to less than 10 at the end of 2018. Countries like Singapore, Slovenia, Australia, Cyprus, South Africa, Ghana, United Arab Emirates, Santos Elena, Ireland and Nigeria have a greater interest in the search for cryptocurrency.

When we speak of the word "blockchain", countries like Malta, China, Singapore, Ghana, Switzerland, Nigeria, United Arab Emirates, Slovenia and many others have shown greater interest in the search for blockchain than the other two popular terms in consideration.

The tendency of research suggests that Blockchain is finally becoming more popular than cryptocurrency

Another analysis of the data suggests that after the 2017 hype of cryptocurrency, the term blockchain finally gained a broader research base and marginally surpassed "cryptocurrency" in July 2018. Since mid-September, the blockchain has maintained the upper hand in the rest of the year.

For the record, before the crypto-hype of 2017, the information shows that research relating to the terms "cryptocurrency" and "blockchain" have remained relatively restrictive in the last 5 years, with the difference of some irregularities.

Finally, the meme for the enthusiastic crypto, "I am in it for technology" seems not to be that far away, if we look at the technical data sheets of Google.

The 2018 trends combined with the broader acceptance Blockchain (technology) is gaining can be the biggest takeaway for enthusiastic crypto entering the new year.

Investors and banking experts such as JP Morgan have emphasized on this point for a long time now, criptovalute or Bitcoin, the byproduct of technology could change or fade over time, but the main goal should always be to improve the core technology. Because the implementation of Blockchain can solve many problems of the institutions present, so people should not blindly run behind the momentary gains.

Final thoughts

The 2018 price debacle may have led many small investors and enthusiasts to take a break, but the acceptance of Blockchain technology is a big incentive for the developer community and for people in general. Google's search data is only reconfirming the trends and establishing the fact that, Bitcoin may still be very popular, but people show a greater interest in blockchain technology.

Prashant Jha

As a content writer, Prashant believes in presenting complex topics in simple terms such as laity. He is passionate about technology and an avid reader.