Re: What percentage of people on Earth will own Bitcoin by 2020
2% of the total world population = 148000000
I think somewhere around 0-2%.
60% of the world does not have internet access as of 2016, let alone cryptocurrencies.
So, I guess the total number of Bitcoin users will be somewhere between 0 and 148000000
That means users of bitcoin compared to the total population is not really that big, we might increase in a yearly basis but we cannot reach the time that everyone will use bitcoin not even in the future.I think somewhere around 0-2%.
60% of the world does not have internet access as of 2016, let alone cryptocurrencies.
So, I guess the total number of Bitcoin users will be somewhere between 0 and 148000000
We just need 10% of the world population to use the bitcoin for its market cap to be simlar to the US dollar.
That is right. With 10% of the world populartion owning the bitcoin, that will make it worth at least $100,000 each.
I think we are still 1% of the total world population now and it will be a long waif before we can achieve that level. But you know what? I am willing to wait as long as that will be realize, as I will be collecting profits from my investment (long term).