Happy Birthday to Cryptocurrency’s Leading Indicator: Google!
There are a multitude of ways to discover new cryptocurrencies these days; however, that was not always the case. Before stablecoins, DeFi, exchanges, NFTs, and even canine themed altcoins, there was only Bitcoin. Although this is common knowledge for anyone who has ever dabbled in cryptocurrency for even five minutes, there is a crucial part of the crypto timeline which is often overlooked: How did so many people find out about Bitcoin? As the search engine Google turned 23 years old on Monday, September 27, 2021, we decided to give them a tip of the proverbial hat. In this article, we will discuss the crucial role that Google played in the early days of Bitcoin, as well as the role Google still plays in cryptocurrency as a whole!
Why is Google Important to Crypto
Before there were any other resources available for the public to discover cryptocurrency for the first time, there was Google. Google had been established as a search engine for over a decade by the time Bitcoin made the transition from theory to reality. For this reason, many of the first Bitcoin investors discovered this pioneering cryptocurrency technology through the Google search engine.
Even as other cryptocurrency projects developed through the years, the Google search engine continued to serve as the educational gateway for countless individuals. Even today, Google is the most common means for the general public to educate themselves on almost everything crypto. In fact, Google has become so intwined with the growth of cryptocurrency that the inclusion of Google’s search engine analytics in sentiment analysis-based market indexes is now taken for granted. You would be hard pressed to find a sentiment analysis-based indicator that does not include Google web search analytics.
Conclusion
Google has been an important tool in the adoption of cryptocurrency from the very beginning, and It will likely continue to be the first tool which new crypto investors use in the future. Google has undoubtedly been a valuable tool for many of our Killer Whale users, when they were searching for the best in algorithmic intelligence-based strategies and hand placed trades! Killer Whale appreciates Google’s cryptocurrency adoption efforts; however, Killer Whale appreciates our users most of all!
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