Is cryptocurrency a global phenomenom?

Is cryptocurrency truly a global phenomenon, transcending geographical boundaries and cultural differences? Has its rise been fueled by a universal desire for decentralized finance, or is it merely a fad confined to certain regions? Could the fluctuations in cryptocurrency markets be interpreted as a sign of its global reach and impact, or merely a symptom of its inherent volatility? Moreover, do cryptocurrencies like Bitcoin and Ethereum represent a universal vision for the future of money, or are they simply niche products that cater to a specific demographic? As the world becomes increasingly interconnected, is cryptocurrency poised to become a truly global currency, or will it remain a niche market for the tech-savvy few? These are the questions that we must grapple with to truly understand the global implications of cryptocurrency.