According to former Goldman Sachs executive Raoul Pal, a chart has demonstrated consistent accuracy over the past five years, showing that Bitcoin and cryptocurrencies are on track to reach a potential four billion users. Pal forecasts that by the end of 2025, the crypto market could exceed one billion users. This estimate is derived from analyzing the historical adoption rates of the internet and comparing it to the growth rate of crypto users since 2016 when it reached one million users. Pal highlights that crypto is currently growing at a rate of 137% per year, surpassing the internet's growth rate at a similar stage. He projects that even if crypto were to slow down to match the internet’s growth rate, which he doubts will happen, it would still reach 1.1 billion users by 2025. Looking further ahead, Pal envisions that by 2030, half of the world’s population could be involved in Bitcoin and cryptocurrencies, extrapolating from the growth pattern of internet users. Despite the uncertainties surrounding this projection, Pal emphasizes the considerable impact and potential scale of user adoption in the crypto space.
Prediction of 4 Billion People Adopting Bitcoin and Crypto by Macro Guru Raoul Pal

by Giorgi Kostiuk
2 years ago

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