Is Bitcoin really being used?
Institutional adoption of Bitcoin is growing rapidly. Firms are incorporating digital assets into their treasury strategies as well as buying bitcoin for general investment accounts. The Fidelity Digital AssetsSM 2021 Institutional Investor Digital Assets Study found that seven in ten institutional investors surveyed expect to purchase or invest in digital assets in the future.
On the consumer side, recent partnerships with Visa, Mastercard, and PayPal are making it easier to use Bitcoin for payments. They are also supporting a wide variety of other cryptocurrencies too. People can use their crypto debit cards at over 200 million merchants in over 100 countries worldwide.