PSA: We are still in the "Innovators" Phase of Diffusion of Innovation Curve (ie: < 2.5% of population). VERY EARLY DAYS.

Here's my argument:

1) Here's what the Diffusion of Innovation curve looks like.

2) Human population is ~8 billion.

3) Total number of BTC addresses with a non-zero balance is ~28million. (source). Let's assume each address means ONE user (this is a gross over-estimate, however, as each user likely has multiple addresses with a non-zero balance).

4) 28million / 8billion = 0.35%. ZERO POINT THREE FIVE percent of the human population is using Bitcoin.

Conclusion: we are still in the very early phases of Bitcoin's life. Like just getting started.



Submitted April 27, 2020 at 08:11PM by Kinolva https://ift.tt/2yNpPOS

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