MultiversX Tracker is Live!

How early are we?

All Cryptocurrencies

by COINS NEWS 239 Views

Answer: extremely.

~1.1-1.3% of the world owns BTC right now (Source).

17% of adult Americans own BTC (Source).

Where does that put BTC on the trajectory of adoption (in the US)?:

Adoption Rates of Major Technologies, 1990-2021

In reality, it's <17%. Many have not truly adopted BTC/crypto, but are merely short-term speculative traders or those caught up in the hype. Post-crash estimates may be as low as ~5-8%. And the number of active addresses for BTC is currently ~500,000 - meaning just a tiny fraction of the world is actually using BTC.

Most cryptocurrencies would not even register on this chart yet.

I don't care to comment on short- or long-term market dynamics, make any predictions or address the resistance crypto will face. I only wish to acknowledge how amazing it is that we're all here - at the beginning of what could be the next big, tech-revolution.

submitted by /u/Zarkorix
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