Cornell University released a Bitcoin adoption index, with El Salvador and Venezuela leading

Cornell University in the United States released a Bitcoin Adoption Index report, which surveyed 25,880 people across 25 countries. The report shows that El Salvador, Venezuela, and Nigeria have the highest percentage of respondents who have owned Bitcoin. The report states that in these economies where fiat currencies are unstable and it is difficult to obtain US dollars or reliable banking services, Bitcoin plays more of a role as a "pragmatic workaround" rather than a speculative tool.

A Venezuelan respondent stated that Bitcoin is "faster, cleaner, and less risky" than other ways to obtain US dollars; an El Salvadoran mentioned that "no one controls Bitcoin, which means we all own it"; and a Nigerian respondent said that they have visited six African countries and felt no worries because they knew they could spend Bitcoin.

The survey also found that 58% of respondents were unaware that the Bitcoin supply cap is 21 million coins. The report was commissioned by Cornell University and conducted by Morning Consult, in collaboration with the university's Jeb E. Brooks School of Public Policy's Institute for Technology Policy, the Cornell Bitcoin Club, the Human Rights Foundation, and the Reynolds Foundation. The survey was conducted from December 16, 2024, to March 10, 2025, and included 125 questions.