Not Just A Fad: Bitcoin Adoption Curve Rivals The Internet
Bitcoin has been growing its user base exponentially since its inception. As Bitcoinist previously reported, the BTC adoption rate has even surpassed that of the internet. Former Google employee Michael Levin has made a two-part investigation on the topic. The first one explains how Bitcoin actually has two adoption curves, one for the network and […]
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The adoption curve of crypto is believed to be in its early stages, and Wells Fargo data shows its close similarities with the early stages of internet adoption back in 1990, giving a glimpse of how crypto could become a part of everyone’s lives as it reaches the mainstream. In a Brief History of The Internet, internetsociety.org notes that “The Internet has revolutionized the computer and communications world like nothing before.” If crypto is the next revolution and many industries are already jumping in (finance, music, fashion, gaming, social media, etc), what will....
Curve Finance’s governance token CRV (not to be confused with CURV – recently acquired by Paypal) token has shot up to $2.46 on March 2nd from its monthly low of $1.80. Even with this recent jump, there is much evidence pointing to CurveDAO still having room to increase. First, what is Curve? Curve describes itself as a place to “exchange stablecoins (DAI to USDC for example) through it with low fees and low slippage.” But […]
Bitcoin, like the internet and social media, benefits from “network effects”, where more adoption spurs higher value and incentive for additional take-up, says Blockware Intelligence. The adoption of Bitcoin (BTC) could occur more rapidly than the adoption of past disruptive technologies such as automobiles and electric power, with global take-up likely to hit 10% by 2030 according to a new report.In its June 8 report, Blockware Intelligence said it arrived at this forecast by examining historical adoption curves for nine past disruptive technologies, including automobiles, electric power,....
Ed Boyle is CEO at Blade, a payment processing platform that brings digital currencies onto traditional payment rails. In this article, co-authored by co-founder Daniel Delshad, he argues that, in order to cross the chasm into mass adoption, bitcoin needs to connect with existing debit card networks. The amount of active bitcoin wallets and the number of daily transactions have increased significantly over the past year, but, still, most people have never used bitcoin (nor have plans to, as per a recent Goldman Sachs survey). While the bitcoin adoption curve is arguably better than that....
Bitcoin adoption around the world is a patient process, as one of the factors involved in the currency’s success relies on internet connectivity. The Western world has gotten accustomed to having the internet at their disposal wherever they go, but things are vastly different in areas such as Africa, South America and parts of Asia. Facebook wants to....