Bitcoin: “Buy with Lightning” almost as popular as “buy with” Ethereum and Litecoin, BTC 5 times bigger than ETH

Fibo Quantum

Bitcoin turns 10 today. On January 3rd, 2009, the first genesis block was mined by Satoshi Nakamoto. Since then Bitcoin has come a long way. From being a fascinating technology for cyberpunks to be in a position to replace the current financial institutions.

Bitcoin has seen a fair amount of issues, from scaling issues to price issues. Lightning network, the off-chain solution to scale Bitcoin has received a huge amount of backlash too. Influencers such as Roger Ver, Vitalik Buterin have publicly called it out saying “it will never work”, “it’s too complicated” etc.

But Google Trends search shows an increase in Lightning related searches. Google Trends findings show that the search query of “buy with lightning network” is increasing in volume, in fact, it is at par with “buy with Ethereum” or “buy with Litecoin”. One of the reasons for the above is merchants adoption of Lightning network is increasing due to Lightning network being integrated by the payment service providers.

Bitcoin is still the number one cryptocurrency and in terms of search volume, Bitcoin is searched 5-10 times more than “Ethereum,” “Blockchain”, “ICO” and even the buzzword of today “Fintech”. Blockmanity’s own findings show that people are still interested in Bitcoin, even though some are scared.

 

Thank you for reading the article. Wishing you a very Happy New Year from team Blockmanity 🙂

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