A research conducted by Blockware Solutions showed that by 2030 at least 10% of the population will be using Bitcoin technology. According to the research, the quick adoption of Bitcoin will be accelerated by the internet and since Bitcoin integration has a direct monetary incentive, the adoption could go even quicker.
The researchers have analyzed 9 previous inventions, such as: automobiles, electricity, smartphones, cellphones, social media and the internet in general. ‘All disruptive technologies follow a similar exponential S-curve pattern, but newer network-based technologies continue to be much faster than the market expects’, – says the research paper. The forecast is based on Cumulative Sum of Net Entities Growth (CAGR). According to this metric, there’s a 60% chance of the prediction to become reality.
Bitcoin (BTC) is different from past disruptive technologies due to its direct financial impact of being an early consumer. From a consumer’s standpoint, the already adopted technologies like cars enabled the user to move faster than a horse or bicycle and cellphone technology enabled the user to talk to anyone in the world without being tied to a landline.
The researchers have analyzed 9 previous inventions, such as: automobiles, electricity, smartphones, cellphones, social media and the internet in general. ‘All disruptive technologies follow a similar exponential S-curve pattern, but newer network-based technologies continue to be much faster than the market expects’, – says the research paper. The forecast is based on Cumulative Sum of Net Entities Growth (CAGR). According to this metric, there’s a 60% chance of the prediction to become reality.
Bitcoin (BTC) is different from past disruptive technologies due to its direct financial impact of being an early consumer. From a consumer’s standpoint, the already adopted technologies like cars enabled the user to move faster than a horse or bicycle and cellphone technology enabled the user to talk to anyone in the world without being tied to a landline.