1. Bitcoin had a defining year in 2022 and is ready to onboard the next billion Bitcoiners in 2023.
2. Predictions for 2023 include the Global South continuing to lead Bitcoin adoption and the divide between Bitcoin and the rest of the financial system growing.
3. The Built With Bitcoin Foundation opened the Bitcoin Technology Centre in Ghana to educate 400 people in its first year.
The year 2022 has been a defining one for Bitcoin and its users. With the rapid growth of cryptocurrency markets and the increased attention it has received from governments, investors and entrepreneurs, it is clear that Bitcoin is here to stay. As we look ahead to 2023, the expectation is that Bitcoin will continue to expand its reach and bring in new users from around the world.
The Global South is expected to be a major driver of Bitcoin adoption in the coming year. Already, the continent of Africa has seen immense growth in the number of people using the currency, with trade volume continuing to increase in countries such as Ghana and Nigeria. It is believed that this is due to the necessity of Bitcoin in these countries, as it is a cheaper and more efficient way to send money back home, make payments and preserve wealth. The Built With Bitcoin Foundation has also set up a Bitcoin Technology Center in Kumasi, Ghana, with the goal of educating 400 people in its first year.
The divide between Bitcoin and the rest of the financial system is also expected to grow in the coming year. As more and more people turn to Bitcoin as a safe haven in times of economic uncertainty, it is likely that the currency will continue to gain traction and move further away from the traditional banking system. This could open up new opportunities for those who are looking for a more secure and efficient way to move their money around the world.
Finally, it is important to note that it is up to Bitcoin users to educate governments, businesses and individuals about the real-life use cases of the currency. As time goes on, it is likely that more and more people will be brought into the digital currency world, and it is up to us to ensure that they understand the potential of the technology and its various benefits.
Ultimately, 2022 was a defining year for Bitcoin, and 2023 promises to be just as exciting. With the Global South continuing to lead the way in terms of adoption and the divide between Bitcoin and the rest of the financial system growing, it is clear that the currency is here to stay. With the right education and support, there is no reason why Bitcoin can’t continue to bring in new users and open up opportunities for all.