Post
Topic
Board Bitcoin Discussion
Re: 10% The key to bitcoin acceptance?
by
Jack of Diamonds
on 27/07/2011, 23:32:56 UTC
10% seems like an awful lot for bitcoin to achieve in our lifetime...

True, 10% of what? The world population?

Paypal is king because it's the oldest e-currency around & has big capital backing it, they have 100m total accounts (of which *at least* 50-60m are active). That's still only 1.4% of the world's population even in the most optimistic scenario (all PP users belonging to unique users who have been steadily registering since the 2000's)

Even if we take the total amount of internet users, 2 billion (http://www.internetworldstats.com/stats.htm), that's only 5% of the users who, since the dawn of the internet, have registered on PayPal.

Will bitcoin ever surpass 200 million active users (or much more, given the amount is constantly growing) to claim a 10% 'mindshare'?