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Question #59

How are global adoption trends, such as price premiums in South Korea and integration into real estate, shaping Bitcoin’s market growth?

Category: General
Global adoption is declining because countries like South Korea have banned Bitcoin trading and real estate transactions no longer accept crypto.
Regions like South Korea often trade Bitcoin at a premium due to high local demand and regulatory frameworks, while real estate transactions accepting Bitcoin foster practical use cases. These developments expand Bitcoin’s user base, increase liquidity, and support price growth.
Price premiums in certain regions are caused by Bitcoin being illegally smuggled across borders, which artificially restricts supply.

Why is this the correct answer?

This is correct because when a country’s demand outpaces local supply, prices rise above global averages. Additionally, real estate deals in Bitcoin demonstrate growing trust in its utility beyond trading. Beginners should note that broader adoption in daily transactions and regional demand disparities can both drive market expansion.

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