Home Bitcoin News Share of Voice (SOV) for Bitcoin (BTC) 106 million Plus Eye-Opening

Share of Voice (SOV) for Bitcoin (BTC) 106 million Plus Eye-Opening

Share of Voice (SOV) for Bitcoin (BTC) 106 million Plus Eye-Opening

The Share of Voice (SOV) of Bitcoin is already so strong.  We are already at a point where governments are afraid of it.  There are countries adopting it. While the worry about Bulls and Bears are hear to stay – it is true that cryptocurrencies are going to play a big role in the future.  The reality is though that most of us have a hard time understanding the Bitcoin can indeed be a future.

There is FUD, there is Hype and there are those who are flat out campaigning to oust Bitcoin and crypto out of the financial system.  All of these are only going to prove crypto strong and propel its evolution forward.  Those who use BTC and crypto are not innocent people.  They are the professionals, the educated and the hard workers who know the might of their own 2 cents.

The Share of Voice (SOV) of Bitcoin and cryptocurrency users come from lawyers, accountants, economists, students, operators, transporters, senior executives, businessmen, unemployed, retired, computer scientists, service employees, engineers, architects, self-employed, sales representative, health professionals, cooks, waiters, officials, teachers, and several others.

The spending of cryptocurrencies is happening through Apps.  There are tons of such apps in the market already. And millions of users. Reportedly, there are more than 106 million people worldwide making use of cryptocurrency exchanges.

On March 21, 2022, CNBC published that one in 5 Americans have invested, traded, or otherwise used cryptocurrency. About, 19% of them are looking at cryptocurrency positively and 25% are looking at cryptocurrency negatively. Many of them are still not sure about cryptocurrency and are therefore neutral.

Narrative for cryptocurrency positivity:  Cryptocurrency is considered good for payments due to transaction speeds, lower costs, privacy, security, and an opportunity to provide underbanked communities with financial services.

Whether the narrative for cryptocurrency positivity is true or false or partially true or false – the mentions of Bitcoin, Altcoins, Meme Coins, Stable coins is reflective of the already well-established popularity of the cryptocurrencies.  Governments, Central Banks, and Regulators taking a serious note of Bitcoin and other crypto is reflective of how much the share of voice (SOV) of Bitcoin and other popular altcoins have earned versus the Fiat currency. Looks like Bitcoin and cryptocurrencies are evolving, and more number of people are becoming aware of the capabilities of Bitcoin.

Despite the ridiculous volatility people are willing to invest in Bitcoin and cryptocurrency.  When the market is in the green, they know the red will come and when the price trends are in the red, they know the green will come.

 

 

Read more about:
Share on

Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.

Get the latest updates from our Telegram channel.

Telegram Icon Join Now ×