Adoption
‘Perfect Chart’ Shows 4,000,000,000 People Adopting Bitcoin and Crypto, Says Macro Guru Raoul Pal – Here’s the Timeline
Published
2 weeks agoon
By
adminEx-Goldman Sachs executive Raoul Pal says a chart that has tracked well in the last five years indicates Bitcoin (BTC) and crypto are very much on schedule to hit four billion users.
In a new video update, the Real Vision CEO says that crypto will likely see more than one billion users by the end of 2025.
Pal’s prediction is based on a model that compares the adoption rate of the internet during its early years versus crypto’s user growth rate since 2016 – when it first hit one million users.
“The internet, which was the fastest adoption of technology the world had ever seen, it grew by 76% per year and then slowed down after year eight to 43% a year.
Crypto has been growing at 137% a year. It’s now at 516 million users versus 187 million of the internet at the same stage.
Then what we did is assume that crypto just slows down its growth to the same as the internet. I don’t think that’s going to happen. I think it will be faster, but by the end of 2025, we get to 1.1 billion users.”
But if you look further out, Pal says he sees half of the world’s population adopting Bitcoin and crypto at the start of a new decade.
“If we look out further using the internet adoption growth and we slow down the trend rate of growth of crypto to the same as the internet going forward, we get to four billion users by 2030. That’s half the world’s population.
Now will this be perfect? It’s been pretty perfect so far, and I’ve been showing this chart for five years now. But let’s assume not. Either way, these numbers are simply staggering.”
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Eky Rima Nurya Ganda
Source link
You may like
JPMorgan Chase, Bank of America and Citibank Holding $7,427,000,000,000 Off-Balance Sheet in Potentially Dangerous Cocktail of Unknown Assets: Report
Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon
US DOJ Indicts Manhattan Man on Fraud Charges Related to $43,000,000 Fake Crypto Ponzi Scheme
$120 Million Futures Liquidated As Price Takes A Beating
Dogecoin Mirroring Price Action That Preceded Massive Bull Runs in the Past, Says Trader – Here’s His Outlook
Is Ethereum Back? Record 267,000 New Users Spark Speculation
JPMorgan Chase, Bank of America and Citibank Holding $7,427,000,000,000 Off-Balance Sheet in Potentially Dangerous Cocktail of Unknown Assets: Report
Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon
US DOJ Indicts Manhattan Man on Fraud Charges Related to $43,000,000 Fake Crypto Ponzi Scheme
$120 Million Futures Liquidated As Price Takes A Beating
Dogecoin Mirroring Price Action That Preceded Massive Bull Runs in the Past, Says Trader – Here’s His Outlook
Is Ethereum Back? Record 267,000 New Users Spark Speculation
Economist Alex Krüger Goes ‘Max Long’ on Crypto Positions – Here Are His Altcoin Picks
Crypto Investors Bet Big On ETFSwap (ETFS) Presale To Leverage Spot Bitcoin ETFs Popularity – Blockchain News, Opinion, TV and Jobs
Bitbot’s Presale Passes $3M After AI Development Update – Blockchain News, Opinion, TV and Jobs
Dogecoin Breaks Out Of Descending Triangle Like It Did In 2021, Analyst Sets $6 Target
Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly $50,000,000 in Taxes
AppLayer Unveils Fastest EVM Network and $1.5M Network Incentive Program – Blockchain News, Opinion, TV and Jobs
Whales Dive In, But Dogecoin Price Sinks 20%: What’s Going On?
Humanode, a blockchain built with Polkadot SDK, becomes the most decentralized by Nakamoto Coefficient – Blockchain News, Opinion, TV and Jobs
Here’s When Bitcoin Could Halt the ‘Slide’ and Start To Pump, According to On-Chain Analytics Firm Santiment
Bitcoin Dropped Below 2017 All-Time-High but Could Sellers be Getting Exhausted? – Blockchain News, Opinion, TV and Jobs
What does the Coinbase Premium Gap Tell us about Investor Activity? – Blockchain News, Opinion, TV and Jobs
BNM DAO Token Airdrop
NFT Sector Keeps Developing – Number of Unique Ethereum NFT Traders Surged 276% in 2022 – Blockchain News, Opinion, TV and Jobs
New Minting Services
Block News Media Live Stream
A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday
SEC’s Chairman Gensler Takes Aggressive Stance on Tokens – Blockchain News, Opinion, TV and Jobs
Friends or Enemies? – Blockchain News, Opinion, TV and Jobs
Enjoy frictionless crypto purchases with Apple Pay and Google Pay | by Jim | @blockchain | Jun, 2022
Block News Media Live Stream
How Web3 can prevent Hollywood strikes
Block News Media Live Stream
XRP Explodes With 1,300% Surge In Trading Volume As crypto Exchanges Jump On Board
Block News Media Live Stream
Trending
- Altcoins2 years ago
Bitcoin Dropped Below 2017 All-Time-High but Could Sellers be Getting Exhausted? – Blockchain News, Opinion, TV and Jobs
- Binance2 years ago
What does the Coinbase Premium Gap Tell us about Investor Activity? – Blockchain News, Opinion, TV and Jobs
- Uncategorized2 years ago
BNM DAO Token Airdrop
- BTC1 year ago
NFT Sector Keeps Developing – Number of Unique Ethereum NFT Traders Surged 276% in 2022 – Blockchain News, Opinion, TV and Jobs
- Uncategorized2 years ago
New Minting Services
- Video2 years ago
Block News Media Live Stream
- Bitcoin miners2 years ago
A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday
- Bitcoin1 year ago
SEC’s Chairman Gensler Takes Aggressive Stance on Tokens – Blockchain News, Opinion, TV and Jobs