It’s clear that Bitcoin is no longer in its early stages, as it’s already being regulated by major countries. Some have even proposed adding it to their reserves. My question is about Bitcoin’s adoption level. do you think there’s still significant room for growth at this stage, or have we neared maximum adoption?
We have not earned maximum adoption and there is still room for growth. Checking from the world population and how many people have embraced and are into bitcoin, it would just be few in a millions, I feel until more people use it for daily transactions and investment purpose, we may not say we have achieved maximum adoption of it yet.
Can Bitcoin realistically become a common method for daily transactions? please guys, I’d love to hear your insights, especially if there are factors I might have overlooked.
Looking forward to a productive discussion (and no spam, please!).
For daily transactions, I don’t think we would have gotten this far adoption if that’s what most of the people owing bitcoin are using it for. Most of them are using it for investment purpose only, as a store of value and not for transaction sake as an alternative to fiat currency.