1/10 of the world’s population will own bitcoins by 2030

Blockware Solutions believes that 10% of the world’s inhabitants will become holders of BTC by 2030. The rate of bitcoin adoption is growing faster than the development of earlier technological innovations, such as electricity, radio, cars, social networks, mobile phones.

The first cryptocurrency also has an advantage due to the network effect. The popularity of bitcoin is directly related to the internet. The adoption of the digital asset will be faster, also due to direct monetary stimulus and the macroeconomic environment.

Analysts are also confident that the bitcoin rate will grow against the backdrop of the global spread of digital currency.

“All innovative technologies follow a similar S-curve, but new technologies are being implemented much faster than the market expects,” Blockware Solutions said in the report.

According to Deloitte, 75% of US retailers plan to make payments in digital currency or stablecoins within the next two years. And Bitfinex CTO Paolo Ardoino believes that the main crypto coin “is well suited for many applications, but not everyone understands it.”

According to him, in countries such as Turkey and Argentina, whose national currencies are rapidly depreciating, it is digital assets that have proved to be a salvation for those who want to save their savings.

In addition, CTO Bitfinex reminded of El Salvador, where BTC is a legal tender.

“Bitcoin is for everyone. You see people in a poor country using bitcoin as their basic financial infrastructure. On the other hand, in a rich country with the most banks in the world, people still need bitcoin,” said Ardoino.

In his opinion, Tether is an “instrument of freedom” and a “gateway to bitcoin”. Cryptocurrency is an effective tool “that can be used by distressed countries, where the national currency is devalued — where people want to have an advantage against crazy inflation.”

Do you agree with Ardoino’s opinion?