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Google Search Volume for Bitcoin Keywords Increased by as Much as 1000% During 2017

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Following bitcoin’s incredible performance and increased media coverage during 2017, there is no doubt that bitcoin has witnessed increased user adoption. Estimates regarding the scale of bitcoin’s growth vary due to the anonymous nature of bitcoins transactions; however, the search engine traffic for terms such as ‘bitcoin’ are generally seen as a reliable indicator of the growth in bitcoin’s user adoption. The most recent figures made available by Google indicate an increase in searches for prominent keywords relating to bitcoin of many hundreds of percent when comparing data from 2016 and 2017, whilst bitcoin became the ninth most visited page on Wikipedia during last year – indicating a significant increase in bitcoin user adoption.

On Wikipedia, Bitcoin Was the Ninth Most Visited Page for 2017

According to Wikipedia’s annual report the 50 most visited pages on the website, bitcoin ranked ninth for 2017. The report describes bitcoin as “the much-hyped ‘future of money’”, adding that the world’s first cryptocurrency “has turned into the most speculative intangible asset of all time.” The report states that the page was visited 15,026,561 times during 2017.

Traffic for bitcoin’s Wikipedia page peaked on the 8th of December – when BTC experienced a dramatic retracement of approximately 20%, falling from the then all-time high of $17,171 USD on Bitfinex, before bouncing off the approximately $14,000 area. Despite bitcoin’s meteoric price performance during 2017, the Wikipedia report recognizes some of bitcoin’s shortcomings that emerged during the year – stating that bitcoin “prov[ed] totally unsuitable as a means of payment” due to the controversy surrounding the scaling issues that have plagued BTC throughout the year.

Google Searches for Bitcoin Reach Record Highs

Google Search Volume for Bitcoin Keywords Increased by as Much as 1000% During 2017The volume of Google searches conducted for prominent keywords pertaining to bitcoin has also produced dramatic growth – with the latest data from Google indicating that numerous major keyword groupings received between one million and ten million searches each month on average during 2017. The data indicates that monthly searches relating to the keywords ‘bitcoin price’ saw an increase of over 1,000% on average during January 2017 to December 2017 when compared with data from the previous year, whilst searches pertaining to ‘bitcoin chart’ increased by 934%, and searches for ‘bitcoin USD’ increased by more than 800%. Google estimates that each of the aforementioned keyword groupings received between 1 and 10 million searches on average each month during 2017 – a significant increase compared to the 100,000 and 1,000,000 monthly searches Google estimates were conducted each month during 2016.

A large number of dominant keyword groupings pertaining to bitcoin received between 100,000 and 1,000,000 searches monthly last year. Among those that experienced the highest growth when compared with 2016 were ‘current bitcoin’ – for which searches increased by 895.9%, ‘btc price’ – which increased by 828.5%, sell bitcoins – gaining in volume by 626.5%, bitcoin miner – up 590.6%, btc rate – up 510.4%, bitcoin calculator – up 471.2%, bitcoin rate – up 461.4%, buy bitcoin – up 273.5%, and bitcoin trading – up 170.9%. Searches for ‘earn bitcoin’ increased by 74.6%. Several notable keywords also grew to receive between 10,000 and 100,000 searches last year, including ‘bitcoin market’ – which increased in search volume by 900%, ‘btc chart’ – searches for which grew by 826.2%, ‘currency bitcoin’ – with searches increasing by 826.1%, ‘purchase bitcoin’ – which increased by 752.5%, and ‘bitcoin account’ – increasing by 291.2%.

Curiously, some of the top keyword groupings that produced the least growth during 2017 included ‘bitcoin mining’ – searches for which grew by 33.6%, ‘bitcoin exchange’ – which grew by 17.5%, and ‘bitcoin wallet’ – which saw a meagre increase in search traffic of only 0.9%.


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Adult Film Star Brenna Sparks Discusses Transforming the Sex Industry With Bitcoin

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This week

 

news.Bitcoin.com spoke with the adult film star Brenna Sparks about how she’s been relentlessly promoting cryptocurrencies to her co-workers and peers throughout the sex industry. Sparks is a big believer in Bitcoin technology and thinks that someday in the future it will revolutionize the entire adult industry. Furthermore, Sparks is planning to film a few tutorials on how to use cryptocurrencies like Bitcoin, but with a catch — Brenna plans on filming the educational videos naked. We decided to chat with Brenna about cryptocurrencies so our readers can get an in-depth view of how digital currencies like Bitcoin could transform the sex industry from someone who has a close perspective on how these business models operate.

Cryptocurrency Will Solve All of the Current Problems in the Adult Industry 

Brenna Sparks (BS): Silkroad! I lived in a boring old town with nothing to do, and I wanted to get weed but didn’t know any dealers. I heard about Silkroad and was guided to using Bitcoin like that, spending hundreds of Bitcoins like it was nothing. Back then I bought my Bitcoins from Silkroad members, using Greendot Moneypaks. I literally gave them money and hoped that I could trust this criminal to give me the Bitcoins! Ahhh…good times. At least, I wasn’t Goxxed.

Adult Film Star Brenna Sparks Discusses Transforming the Sex Industry With Bitcoin

BC: You recently wrote a blog post about cryptocurrencies providing workers in the adult industry censorship resistance from payment processor discrimination. What prompted you to write that post?

BS: It’s something that isn’t talked about often. Most of the people in the industry don’t really discuss how we can make our industry more advanced and safer from a tech perspective. Everyone, just sort of deals with it and has an “if it ain’t totally broke, it doesn’t need fixing” perspective. Also, because of the taboo nature of the adult industry, many of the industry issues have a hard time getting heard by the rest of the world, so problems have been slowly piling up in the background over the years. 

My belief is that I should alert the world of potential opportunities, because if the current people in the industry don’t want to build it further, someone else will. The crypto industry is full of visionaries, so I believe sharing these problems with the crypto community will gain attention from one of these visionaries who could actually make these changes happen, because it’s become obvious that no one in the adult industry will do it. As time goes on, I’ll grow to be more elaborate on the matter.

BC: What do you think about libertarian and free market views involved with cryptocurrencies?

BS: This question reminds me of a time a while back when I thought to myself, “What if I could choose where my tax money went to? What if I could see exactly where it all went and when?” A few years later, this started becoming a clear reality with cryptocurrencies. The technology that exists today can completely turn the government upside down, and that would be a good thing. Technology is the way of the future.

Technology brings order, brings stability, brings growth, brings hope for a better future, not a government.

I believe cryptocurrency provides many of the things a libertarian wish they could have. It’s a medium that allows us, merchants of the world, to exchange in a modern and reliable way that is free from the government, built on protocols that are open to the public to view and contribute to. Cryptocurrencies are changing the way we interact at an increasingly massive scale. We can fund whatever we wish to fund, we can raise money in ways and speeds that were never possible, and for things that we, as individuals, want or need. It provides visionaries the ability to test the most ambitious ideas that no investor would ever be able to fund, which in my opinion translates to an increase in technological growth rate.

Adult Film Star Brenna Sparks Discusses Transforming the Sex Industry With Bitcoin

Finally, cryptocurrencies automate a giant list of tasks that we unnecessarily delegate to our government. In other words, the government is doing too many things that it doesn’t actually need to be doing. Humans may have various views on what is important to them, but we also share many as well. For example, a majority of human beings can agree that we need hospitals, we need proper health care, we need safe roadways and safe buildings. Even if some disagree, it doesn’t matter, it’ll get funded because that’s something a majority mass will agree with, we don’t need a government to “guarantee” that. Just as well, we don’t need a government to tell us what is legal tender, we can do that ourselves.

We don’t need a government producing that legal tender either, computers do a far better job at producing an acceptable medium of exchange. Finally, we don’t need a government deciding what matters on our behalf. I believe a country of millions is much more capable of making decisions than a small handful of “elected” individuals. Governments of the past and present serve as a means to an end, that’s all. The future is in less governing, and eventually no governing or autonomous governing that corresponds to a successful self-governed society (or societies). This is not to say that we don’t need a government, but rather that we need a lot less of it.

Working at a Crypto-Friendly Establishment Felt Futuristic

BC: What are your favorite cryptocurrencies right now?

BS: Besides Bitcoin, I would say – SONM (SNM), Odyssey (OCN), Spankchain (SPANK), and Ark (ARK).  

BC: How do you envision cryptocurrencies helping individuals in the adult industry in the future?

BS: I talk about this further below, but basically cryptocurrency will solve all of the current problems in the adult industry without creating major new problems in the process.

BC: You recently tweeted that you planned on giving cryptocurrency lessons naked. Do you still plan on giving these lessons?

BS: Yes, I’m in the process of filming it right now. At first, I thought about filming and releasing each video at a time, but I’ve decided to film multiple videos to ensure and schedule each release. My calendar is all over the place so I figured this is the best way to approach it.

BC: When you work at clubs like the Legends Room how many tips have you gotten in cryptocurrency, and can you tell our readers what it’s like working at a crypto-friendly establishment like that?

BS: I was tipped pretty often in cryptocurrency, mainly because the clients had crypto and wanted to actually use it.

Working at a crypto-friendly establishment felt futuristic, for lack of a better word. It really feels like you’re in a new world and it just feels right. When it came to using it, everything was straightforward and comfortable.

Cryptocurrency Takes the Best Parts of Cash and Debit Cards and Removes the Other Junk

BC: Do you still use the Bitcoin.com Wallet?

BS: As of this moment, no. Reason being is that most of my coins are in deep cold storage.

BC: Are there any other people you know that work in the adult film industry that also accept cryptocurrencies?

BS: Yep! There is a growing number of talent, both male and female, like Shelby Paris, Holly Hawkes, and Kyle Mason. I also have directors approaching me for help regarding crypto on set and on my social media. It’s growing quietly, but noticeable. I believe camgirls and individual content produces will be the ones that utilize it the most though, especially in the early stages. I can only see it becoming a standard in the adult industry once a large number of people have become familiar enough with it.  

BC: Do you envision cryptocurrencies taking over the adult industry online in the future as far as payments are concerned for subscriptions, cam shows, pics, movies, and other services?

BS: I definitely think so. For one, cam sites already use a token system so it’ll be quite easy for camgirls to pick up on it. Escorts can perform a transaction safely and discretely, especially when using a privacy-oriented coin like Monero or Bitcoin Private. Production companies can skip using checks and performers can get paid same day. Production companies won’t need to pose under different company names to get around bank etiquette. Performers don’t need to explain where their legally obtained funds came from. Individual content producers can easily set up a reliable payment method for their customers without running through a processor that will shut them down and take their money.

Adult Film Star Brenna Sparks Discusses Transforming the Sex Industry With Bitcoin

These are just common issues and aren’t even all that creative. This whole industry can be flipped around by cryptocurrency, for the betterment of it. Bottom line is, people love cash, but it’s becoming more and more inconvenient to carry it. If a company like Brazzers had to pay everyone on set using cash, it’d be a nightmare for whoever is responsible for distributing the money. Our evolving lifestyle is pushing us to move our cash into a bank account and turn it into digital money which we can then use with a debit card, but then that has its plethora of problems and limitations attached to it too, many of which severely impact the adult industry.

Cryptocurrency takes the best parts of cash and debit cards and removes the other junk. I think life has shown that humans are very flexible with what they consider is money and what isn’t. Cryptocurrency is just the natural step forward when it comes to using money in a modern society and I am convinced that that majority of us will adapt to it.

BC: Since you got into bitcoin do you have a lot of cryptocurrency followers now on social media?

BS: There has been a growing number of crypto followers on my twitter and it’s all been pretty gradual. One day I figured I’d start mentioning crypto in passing, which led to more and more engagement from the crypto community. Now I’m starting to think that the future of my social media will consist mostly of crypto fans, which I’m okay with!

Check out our podcast series ‘Humans of Bitcoin’ featuring Brenna Sparks below.

What do you think about cryptocurrencies transforming the adult industry? Let us know your thoughts on this subject in the comments below.


Images via Brenna Sparks and the Rub PR


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BCH Miners Discuss Funding Development With a Fraction of Block Rewards

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On May 19 a group of Bitcoin Cash (BCH) miners met after the Coingeek Conference in Hong Kong to discuss a new proposal which would fund BCH development and professional programmers who work on the protocol. The funding would stem from a portion of the miners block reward, and attendees discussed donating between 1-5 percent of rewards to fund developers.

Also read: Bitcoin in Brief Saturday: Warren Warned by Billboards, Coinbase Tempted by Banking

A Positive Meeting Takes Place in Hong Kong Between BCH Industry Executives, Mining Pools, and Developers

After an innovative event at Calvin Ayre’s Coingeek Conference in Hong Kong members of the Bitcoin Cash industry including high profile executives, and lead developers met to discuss a new proposal. Attendees of the meeting included executives from the pool BTC.top, Coingeek, Viabtc, Jihan Wu and Jiazhi Jiang from Bitmain’s Antpool, Roger Ver and other representatives from the Bitcoin.com pool, Amaury Séchet of Bitcoin ABC, Electron Cash founder Jonald Fyookball, and Jerry Chan from SBI Bits.

The meeting discussed how attendees envisioned where BCH development would go and how to continue funding the project in the future. Moreover, other blockchain projects that fund development through mining rewards were also discussed between the meeting participants. Alongside this, the attendees talked about how the funds would be distributed and how miners could use their signatures to vote on certain development projects. Members deliberated different concepts like an OP_Code ‘Timelock’ method — a smart contract technique that restricts the spending of coins until a certain block height or time.

BCH Miners Discuss Funding Development With a Fraction of Block Rewards

Bitcoin Cash Miners Discuss Voting on Proposals

“Virtually all of the mining pool representatives agreed to support a proposal that would allow miners to vote to fund community proposed initiatives, voting on them in the same way that vote signaling works now,” a representative from Bitcoin.com who attended the meeting explained to our newsdesk.

If a proposal crossed a 75% threshold, it would pass — And would be funded with some predetermined amount from every block found.

As mentioned above, a percentage of 1-5 percent of the block reward was considered, but for now, there have been no agreed terms set at the meeting. An example of how much funding a small percentage of the block rewards would be, shows that roughly 1 percent of a month’s work of block rewards is about $650,000 USD if BCH prices are above $1,200 per coin.

What do you think about miners donating block rewards to help fund BCH development? Let us know your thought on this subject in the comments below.


Images via Shutterstock, Bitcoin.com, and Pixabay. 

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