A senior employee of a popular cryptocurrency exchange is of the opinion that Bitcoin users will meet several billion in five years.
Brian Armstrong, CEO of Coinbase, explained his claim in a study in which the pace of acceptance of Bitcoin was far faster than the adoptions of mobile phones and the Internet.
Billions of Bitcoin users
Armstrong confidently said that the current pace of the Krypto adoption Bitcoin will get the right way to have billions of dealers in a few years.
“Bitcoin adoption should get several billion people at the current prices by 2030,” said Armstrong in an X post.
The Coinbase boss made the comment after seeing the statistics published by Blackrock, and showed how quickly the crypto wins compared to mobile phones and the Internet.
The crypto manager predicted that Bitcoin users had reached billions by 2030.
Image: Gemini Imagen
“It really depends on what you count as an official year for Bitcoin, Internet and mobile phones to make this comparison. But this is still correct, ”he added.
It really depends on what you count as an official year for Bitcoin, Internet and mobile phones to make this comparison. But this is still correct.
The acceptance of Bitcoin should reach several billion people at current prices by 2030. https://t.co/jeu8p7ymlp
– Brian Armstrong (@brian_armstrong) February 10, 2025
Blackrock study
Analysts said that the discussion about BTC users who reached billions came from a black rock study.
The research published in January 2025 emphasized the growth of Bitcoin’s relevance and indicated that the general public shifted towards the crypto because they have lost their trust in traditional financial institutions.
“Crypto has reached 300 million users in just 12 years – 43% faster than mobile phones and 20% faster than the Internet per black rock,” said Mario Nawfal in one post.
According to Blackrock, the mobile phone lasted 21 years to reach 300 million users from 1972, when the world received the first insight into the mobile mobile device.
In the meantime, the Internet adoption took 15 years to reach the level of 300 million users. The Internet was founded in 1983.
BTCUSD trading at $96,957 on the daily chart: TradingView.com
Blackrock announced that the crypto adoption reached 300 million users faster than the internet and mobile phones that Bitcoin reached in 12 years.
“Younger generations, fear of inflation and Trump’s Pro-Crypto posture drive the increase,” said Nawfal.
The study showed that the digital asset quickly attracted many individual and institutional investors who promised his rapid acceptance.
In research, it was also found that the trend in global level tends to make digital money easier for the masses.
Some are still pessimistic
Not all voices with the Blackrock study with a crypto trader, which questions “what counts as a user in this area”.
“I think it could be the number of addresses, but remember that many of them have not been touched for years. In addition, one person can have more than one address. In fact, due to the poor privacy of Bitcoin, many people create a new address every time, ”said Victor in one post.
He argued that Bitcoin could have lower transactions a day. “Bitcoin only has around 350,000 transactions a day. This is a very low amount, especially when you consider that there have been for 15 years. Visa for comparison has 660 million transactions a day, ”he added.
Selected picture of Gemini Imageen, Diagram from Tradingview