You probably joined the bitcoin party about five years ago and own some fraction of or even a full coin.
On the 11th anniversary of the white paper's publication, we face a question: How long must we wait until bitcoin becomes like Twitter or Linux, something you use every day? Ten years? Twenty?
How many people use bitcoin? It's hard to gauge on a decentralized network designed for anonymity.
For a rough proxy, CoVenture Research says there are "11.2 million bitcoin addresses that hold at least.001 BTC," or about $9 worth.
An April 2019 survey by Harris Poll, done for Blockchain Capital, found 9 percent of Americans - 27 million people - own bitcoin.
So where is bitcoin going? Is 11 million enough? How many more years until we get to mass adoption?
Bitcoin doesn't move the world's financial markets the way Twitter does nor does it get the same scrutiny that Facebook does.
You will argue that it's unfair to compare bitcoin to all of those things.
Bitcoin is a slow burn, one that will take another five or ten years to really explode.
Compared with everything that came before it, there is little out there to stop bitcoin and a lot of energy driving it forward.
How Many More Birthdays Until Bitcoin Wins?
gepubliceerd op Nov 1, 2019
by Coindesk | gepubliceerd op Coinage
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