Twitter research: US and UK post most on Bitcoin and Facebook’s Libra

The US leads the way when it comes to volume of tweets referencing Bitcoin and Facebook’s Libra project.

According to a Twitter thread published by crypto trading platform The TIE, 38.9% of total Bitcoin tweets come from the US and 10.5% from the UK. The top five countries where Bitcoin is discussed on the social media platform are the US, UK, Canada, Turkey, India and Australia.

Among countries that represent at least .5% of total Bitcoin conversations, the following have been the most positive on average when talking about crypto: Peru, Malaysia, Indonesia, Vietnam and Italy.

Venezuela has recently seen the most negative Bitcoin tweets (62%). Mexico, Estonia, Brazil, and Ireland round out the five most downbeat. The US has been extremely positive, with 61.5% of tweets being upbeat. Globally 59.8% are positive.

Libra

The US represents an even larger proportion of Libra Coin tweets (43.8%) than BTC. The UK is in second place here, followed by France, Canada and Australia.

While conversations on Libra originally tended to be more positive, 54.8% of Libra Coin tweets were negative. Tweets were most positive in the UK, but tended to be much less so in the US and France – countries experiencing regulatory pushback.