Post
Topic
Board Economics
Re: What percentage of people on Earth will own Bitcoin by 2020
by
poplolnman
on 01/12/2016, 11:46:48 UTC
I am sure the year 2020 users bitcoin can reach 10% of the population of the Earth. Although currently many countries that prohibit bitcoin but the popularity of the bitcoin will not be stopped.
Lol you too much, you should know that the total population of the earth is so large and while users of bitcoin is still very small, impossible in the next four years we will reach 10% of total users. it is too big expectations

not only that but also bitcoin can not handle that many users. right now with the current number of bitcoin users (which is far smaller than 10% he is suggesting) blocks are full and people are stuck waiting for confirmation. and anything bigger than this is not possible and i don't see how in 4 years we can handle 10% population of the world.
we are even always struggling to maintain current bitcoin user due if then there is a price reduction/bitcoin price dropped , a lot of people will leaving . an obvious example happened around my place where bitcoin last year at $500 but then dropped 50% to $250 , my colleague who have invested a lot in bitcoin they just cursing and leaving. that's the real fact how hard to grow bitcoin user.