Post
Topic
Board Bitcoin Discussion
Topic OP
Mass Adoption Crypto Currency Market Potential Index
by
iamnotback
on 07/06/2016, 15:14:51 UTC
I will argue that the mass adoption of crypto currency will be on payments made on mobile phones in retail and moreover in mobile app payments. And I argue this will sweep away regulatory resistance due to its mass popularity. Thus I will argue the following grouped-by-country index is the only one that matters:

https://en.wikipedia.org/wiki/List_of_countries_by_number_of_mobile_phones_in_use

Note Bitcoin Market Potential Index (the full list):

http://www.lse.ac.uk/economicHistory/study/PhDProgramme/JOb-Market-papers/Bitcoin-Market-Potential-Index-Hileman.pdf#page=12

Depends more on different set of features peculiar to Bitcoin (remittances, capital control and financial crisis avoidance) because Bitcoin isn't scalable to mass payments nor instant payments yet:

http://www.lse.ac.uk/economicHistory/study/PhDProgramme/JOb-Market-papers/Bitcoin-Market-Potential-Index-Hileman.pdf#page=5

Lighting Networks is under development and an alpha was just announced, but it is a complex arduous solution that doesn't scale well decentralized (but we may eventually get there with Bitcoin highly centralized, although being that this is fighting for who will control it, it will not come without battles as we've seen with Bitcoin Classic and XT versus Blockstream and the Chinese mining cartel):

Now all we have to do is wait countless months for segwit which no doubt'll be batted around by the various parties too. Whoopee.

Other threads didn't provide a direct link to the full list for discussion:

Most countries in the ?10 most likely? to adopt bitcoin are in the developing wo

Argentina Tops List of Countries with Greatest Bitcoin Adoption Potential