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A closely followed on-chain analyst is Bitcoin (Bitcoin) is currently on track to reach 1 billion unique users in the next few years.
Willy Woo tells his 1 million Twitter followers that 12% of the world’s population will use Bitcoin in the next 36 months.
Bitcoin took 6 months to get 1,000 users. 5 years to find 1 million users. It is now 13.8 years old and has over 300 million users, 4% of the world. At current growth rates, it will hit 1 billion users over the next three years.
To clarify, these are unique users, not addresses. “
Woo’s prediction that Bitcoin will have 1 billion unique users in 2025 seems to be on the optimistic side. Other industry insiders predict that cryptocurrency as a whole will likely reach that milestone by the end of his decade.
Joint report by consulting giant BCG, cryptocurrency derivatives exchange Bitget, and blockchain investment firm Foresight Ventures in July clearly The total number of cryptocurrency users is expected to reach 1 billion by 2030. His CEO of Coinbase, Brian Armstrong, made a similar prediction in May. say it Within 10 years, 1 billion people will be using crypto.
Looking at El Salvador, the first country to approve bitcoin as legal tender, Wu said the number of people using bitcoin was “roughly matching bank adoption” less than a year after its launch. said.
40% of the total population downloaded Chivo Wallet, 20% continued use (May 2022). 25% have a bank account (2021). Bitcoin launch is September 2021. ”
According to Woo, 20% of the country’s citizens remain use Even after claiming $30 worth of BTC for free, Chivo.
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Featured image: Shutterstock/CI Photos/phanurak rubpol
