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BTC usage pervades, reaching 1 billion crypto users by 2011: Crypto.com predicts

Zachary Pearce by Zachary Pearce
January 22, 2022
in Cryptocurrency
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BTC usage pervades, reaching 1 billion crypto users by 2011: Crypto.com predicts
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Crypto.com has released a forecast that global crypto users could reach 1 billion by the end of 2010, with a bit of bullish hope for the Bitcoin (BTC) market, where prices will continue to fall. It is in the form of the light of.

reportNow, with the move of developing countries to follow the example of BTC’s introduction of legal tender in El Salvador and the “relatively friendly stance” towards the cryptocurrency industry, “the country is growing among the people. We can no longer ignore a wave of cryptocurrency use. “

Looking back on 21 years, the number of cryptocurrency users in the world has increased by 178%, from 106 million in January to 295 million in December. Also in 2009, Tesla and Mastercard introduced cryptocurrency payments, and BTC became more widespread in the latter half of the same year, making Ethereum (ETH) more popular.

In August 2009, when El Salvador was in the preparatory stage for the Bitcoin fiat bill, the penetration of cryptocurrencies was remarkable, as shown in the graph below.

Crypto.com said, “By the end of 2010, the number of cryptocurrency users will reach 1 billion, if we estimate by applying the same rate of increase in 2010,” considering the trend of the number of users in 2009. I’m estimating.

However, reaching that number will require more countries to introduce BTC besides El Salvador, and some restrictions on the use of sound cryptocurrencies in the United States.


Risk Disclosure: The articles and articles on Arover.net do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies.

Tags: BillionBTCCryptoCryptocompervadespredictsReachingUsageusers
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