Home » Game News » Bitcoin buying trends show a surge in the purchase of marijuana and games in Covid-19

Bitcoin buying trends show a surge in the purchase of marijuana and games in Covid-19

  • According to recent research, during the COVID-19 pandemic, the Bitcoin user base increased significantly.
  • The report shows that online purchases of products such as cannabis and video games have increased by 50%.
  • The other two business units that observed increased sales using BTC are nutritional supplements and business custody.
  • Another aspect claimed by the report is the tendency of e-commerce store owners to use cryptocurrencies.

According to recent the study, During this period, the Bitcoin user base increased significantly Coronavirus disease

Pandemic. Unfortunately, the two important products purchased with cryptocurrencies during the lock-in period are "weed" and "video game" [pun intended]. The report shows that online purchases have increased by 50% compared to products such as cannabis and video games. This study interestingly reveals the priorities of ordinary people during the blockade.

Bitcoin online buying trends

In fact, the study also showed the irrelevance of other necessary products during the lock-in period. Therefore, in this case, from the perspective of online trade and trade, video games and weeds can be called "essentials." When asked about the increase in income, businessmen commented that under the current blockade there is not much to do. In addition to the above revelations, the data also reveals the overlap between people who buy video games and people who buy weeds using Bitcoin.

On the other hand, the other two business units that observed increased sales using BTC are nutritional supplements and business custody. However, the increase in nutritional products may be related to the willingness of ordinary people to maintain health under this crisis. Although the scale of revenue from web hosting services has increased, it is ironic that this model cannot be observed in the digital product market.

The report points out that compared with the above-mentioned industries, bitcoin-based income in this industry is relatively low. This trend indicates that people choose to buy only basic products that may deplete the supply chain. In the case of continuous expansion of the lock to an unprecedented duration.

Hold tight

Another aspect claimed by the report is the tendency of e-commerce store owners to use cryptocurrencies. It implies that 44.9% of such owners decided to hold their BTC assets. In addition to plans to buy more assets. Although the revenue of the above-mentioned main products has increased, this trend can be explained by the increase in the value of Bitcoin. In addition to eventually realizing the potential of the asset. In addition, if the lock-up period is extended, other Bitcoin-based products may meet people's daily needs.

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