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Flaws in LocalBitcoins Data Call Into Question Regional Adoption Claims

Flaws in LocalBitcoins Data Call Into Question Regional Adoption Claims – CoinDesk

When bitcoin advocates claim adoption is surging in developing countries, particularly during periods of political unrest or economic turmoil, their go-to source for evidence is often LocalBitcoins. The peer-to-peer exchange, which matches buyers and sellers of the largest cryptocurrency in nearly 250 countries, publishes weekly volume data for each nation and region where it has users.