Daily searches about Bitcoin on the collaborative encyclopedia Wikipedia have reached their highest peak in 2023.
The number of daily visits to the Bitcoin page on Wikipedia reached a total of 7.830 visits last September 8.
According to data shared by The Block Pro, this is the highest number of daily visits that the cryptocurrency has received through the tool, oriented towards knowledge and education.
Analysts at The Block Pro indicated on the social platform launch a Bitcoin spot ETF on American soil.
According to analysts, optimism over the possible approval of a Bitcoin spot ETF is infecting people, leading them to look up the term “Bitcoin” on Wikipedia to see what it is all about.
The previous peak in the number of daily visits to Bitcoin on Wikipedia was seen in November 2022 and coincided with the debacle of FTX, which declared bankruptcy on the 11th of that month after a week of spreading rumors about the company's insolvency. company and about the mismanagement it was doing with client funds.
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What does Wikipedia say about Bitcoin?
Wikipedia contains an article of approximately 10.800 words that explains what Bitcoin is, starting with how the cryptocurrency is designed and what its history is, through how BTC mining works and what the characteristics of the cryptocurrency are until reaching the legal status and the environmental impact of the network.
Overall, the content of the article describes Bitcoin as a decentralized digital currency, whose transactions are verified by network nodes and recorded on a distributed public ledger known as a blockchain.
It also explains that Bitcoin was developed by Satoshi Nakamoto with the ideology of offering a new peer to peer (p2p) electronic cash system that is completely decentralized, away from the trust of central banks that constantly devalue the value of fiat currencies.
Regarding the legal status of Bitcoin, the article tells about the use and adoption of Bitcoin in countries such as El Salvador, which declared the cryptocurrency legal tender in September 2021. It mentions other countries such as Ukraine and Iran, which also make use of Bitcoin to accept anti-war donations and to evade sanctions from Western governments, respectively, and Virunga National Park, in the Republic of the Congo, which makes use of Bitcoin mining to maintain and preserve the park.
On the other hand, the article also points out that the use of this cryptocurrency has been prohibited in other countries such as China, explicitly due to environmental concerns and possible risks to financial stability.
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