The number of owners of military equipment may increase to one billion in three years

Bitcoin analyst Willie Wu predicts that the number of owners of the flagship cryptocurrency will increase over the next three years. According to Wu, more than one billion people will own bitcoin by 2026. By the way, more than 300 million people around the world currently hold digital gold.

#Bitcoin took 6 months to get 1000 users; 5 years to find 1 million users.

Today, 13.8 years since inception, it has 300m users, 4% of the world.

At current growth rates, 1 billion users will be hit in the next 3 years. That’s 12% of the world. pic.twitter.com/akMbNySaGw

— Willy Woo (@woonomic) October 12, 2022

Willy Woo reminded his Twitter followers that it took bitcoin six months to build an audience of the first 1000 users. It took another five years for this number to grow to 1 million. It took 13 years and 8 months after the formation of the genesis block to reach the current figures. «In three years, the number of BTC users will reach 1 billion, which is approximately 12% of the world’s population,» the crypto analyst noted.

To compare the audience of BTC, Wu mentioned the audience of PayPal (430 million people) and Twitter (400 million). However, the crypto expert believes that the lion’s share of social media users are bots. Earlier, this opinion was postulated by the current Twitter CEO Elon Musk.

It is worth noting that the flagship cryptocurrency is expected to grow to $ 10 million by 2032. Adam Beck, CEO of Blockstream, a blockchain technology company, emphasized that since 2013, the BTC rate has only doubled, so if this trend continues, in about nine years, the price of bitcoin will reach $ 10 million and the market capitalization will reach $ 200 trillion.

At the time of writing, bitcoin is showing a minimal 2% increase compared to the previous day — the asset is trading at $ 22,152 with a market capitalization of $ 427.3 billion.