Who is using crypto and why it matters for mass adoption!

Globally, the majority of crypto owners are in the 18-34 age group followed closely by those in the 35-54 age group. The oldest age group accounts for only 12%, but their adoption is also slowly increasing.

How many times, haven't we heard the phrase "crypto adoption happens when even your grandma uses it". In the United States per example, 53% of crypto owners are ages 18-34, and 35% are 35-54. While millennials are the largest group to use crypto, adults in the bracket of 65 years and older are the smallest but the fastest growing group.

Earlier this year it is estimated that there are 420million+ people using crypto around the world, which is definitely an impressive improvement from 300million+ users in 2022. It is estimated that at this current trend, the number of users is expected to amount to 994.30million users by 2027. Imagine reaching 1 billion in 4 years!

On January 3rd 2009, the bitcoin network came into existence with Satoshi Nakamoto mining the genesis block of bitcoin (block number 0), which had a reward of 50 bitcoins. Now that we are in our 15th year since it all began, looking at who is using crypto and the numbers of users looks very promising for the near future.

If you don't mind using the poll and voting for one of the options, it would be a great statistic to compare with age groups percentages that use crypto listed above.

To a bright future, cryptonerds.

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