BTC - Bitcoin/Crypto Adoption is Increasing at a similar Trajectory as early Internet Adoption
Bitcoin and Crypto adoption is somewhat mirroring the trajectory of early internet adoption
Did you know that bitcoin and crypto adoption is somewhat mirroring the same trajectory as early internet adoption?
It sounds a bit far fetched at first, but the trajectories are pretty similar, even if that is all they really have in common.
Though, some think they will end up having a lot more than just that, with crypto possibly eventually helping create WEB 3.0.
Check out the charts:
As you can see, crypto is moving pretty much at the same pace that internet adoption did, albeit with a slight lag.
The main difference is that there are less people using crypto than there were using the internet at this same point in their adoption cycle.
And it looks like it will most likely always stay that way looking at the above chart.
The adoption trajectory of crypto is slightly lagging that of internet adoption, but not by much.
After 8 years since the creation of the internet, there were around 500 million people using it.
After 8 years since bitcoin launched, there were around 50 million people using it.
Deutsche Bank excepts roughly that same lag and trajectory to continue as we move forward...
Given that, we are already seeing roughly 4 billion people use the internet, which means there is no reason why we can't see 400 million people using crypto within the next decade or so.
If it were to become the worlds global reserve currency, possibly a lot more than that.
Another interesting note from Deutsche Bank was that they think overall crypto is eventually going to replace the current fiat financial system due to too much instability with the current system.
Stay informed my friends.