The global financial sector crashed in 2008 in the biggest stock market crash that wiped out billions in a jiffy. Satoshi Nakamoto launched Bitcoin in 2009 and it was available to purchase for less than a penny. Investors who collected BTC during its creation became millionaires gaining generational wealth in a short period. However, Bitcoin’s growth was not easy as several investors were skeptical about its prospects. It has been 13 years since the launch of Bitcoin and only 4% of the world’s population has invested in cryptocurrencies.
After the launch of Bitcoin in 2009, it took six months for the cryptocurrency to attract 1,000 investors. However, the numbers increased dramatically after BTC skyrocketed in price and gained 1 million investors in 2014. From 1,000 investors during its early days to reaching 1 million users in five years, BTC has come a long way.
From 2014 to 2022, Bitcoin investors grew from 1 million to 300 million in just eight years. Many companies accept cryptocurrencies as payment and now they have reached the mainstream audience. The use of BTC can only increase at this time and not decrease due to global adoption.
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Will 12% or 1 Billion of the World’s Population Use Bitcoin in 2025?
Veteran analyst and Bitcoin evangelist willy woo it predicts that one billion people worldwide will use Bitcoin by 2025. That makes it about 12% of the world’s population adding nearly 333 million new users each year now.
The analyst shared a chart on Twitter comparing current BTC users to the internet and world population. According to his estimates, if BTC maintains its constant growth, the number of users could more than triple in three years.
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He predicted that BTC will have a big moment similar to the internet boom of the 1990s. Woo added that BTC has about the same number of users as the internet had in 1997.
“But Bitcoin is growing faster. The next 4 years on the current path will bring Bitcoin users to 1b people, that’s the equivalent of 2005 for the internet.” predicted.
However, if Bitcoin adoption will reach 1 billion and 12% of the population by 2025, only time will tell. At press time, Bitcoin was trading at $19,678 and is up 5.4% in 24-hour trading.