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How big is bitcoin adoption?

His conclusions show a similar view to our own: Significant bitcoin adoption is much lower than the estimates of 10-15% penetration or roughly 500 million users that are commonly thrown around today. In fact, he suggests that bitcoin adoption by what we would consider “heavy users” is at 0.01% penetration of the global population.

How big is bitcoin adoption in 2020?

In 2020, Croseus wrote a thread that analyzes bitcoin adoption in a similar way that we set out to do in this piece. His conclusions show a similar view to our own: Significant bitcoin adoption is much lower than the estimates of 10-15% penetration or roughly 500 million users that are commonly thrown around today.

Will bitcoin's global adoption grow significantly into the future?

“The general trend is clear; there is a high probability that Bitcoin’s global adoption will grow significantly into the future and thus so will price.” The report and model were reviewed by several crypto investors and analysts, including executives from Ark Invest, Arcane Assets, AMDAX Asset Management and M31 Capital.

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