Coinbase CEO predicts billions of people will use bitcoins His comments were in response to Mario Naufal, who shared a photo comparing the emergence of bitcoin to the internet and mobile phones.
Citing data from Blackrock, Haufal said:
💬"Crypto has reached 300 million users in just 12 years - 43% faster than mobile phones and 20% faster than the internet, according to Blackrock.
Younger generations, inflation concerns and Trump's pro-crypto stance are fueling the surge. Bitcoin ETFs are projected to reach $250 billion, regulators will benefit, and the cryptocurrency craze is accelerating."
By 2030, the number of bitcoin users at current growth rates should reach several billion people.
On January 13, Blackrock, the world's largest asset manager, published a study highlighting the rapid adoption of bitcoin compared to the internet and mobile phones: bitcoin reaches 300 million users 2 times faster than the internet and 3 times faster than mobile phones.
Since the launch of bitcoin In 2009, its popularity averaged +100% per year, surpassing 63% on the web and 25% on mobile in the early stages of growth. This acceleration is due to the digitization of the younger generation, inflation issues and financial instability.
The Internet, officially launched in 1983, took 14 years to reach 300 million users, while mobile phones, first used in 1973, took more than 16 years.
Blackrock explained that Bitcoin's decentralized structure and evolving infrastructure have fueled this growth, making it a unique financial and technological innovation. Unlike the internet and mobile phones, which have transformed communications, Bitcoin functions as an investment asset and potential global currency, signaling major changes in financial systems.
In fact, such a growth in bitcoin users could mean that the price of BTC will rise to at least $1 million by 2030. However, BTC will only grow by a factor of 10 if governments and institutional investors do not participate in this движение‼️
If the funds and state reserves of a number of countries were brought into the work, the growth would be much greater. And now it's hard to even imagine that bitcoin price in 2030.