Crypto will hit 1 billion users in 2030: BCG report
A Boston Consulting Group report shows that 0.3% of individual wealth is invested in crypto while 25% is in stocks.
New
It is a common sentiment among people outside the crypto community to look at Bitcoin (BTC) prices and conclude that it is too late to get into crypto. However, a report shows that the industry is still at the beginning of the adoption curve.
In a joint report released by Boston Consulting Group, Bitget, and Foresight Ventures, data shows that crypto adoption is still very low compared to traditional investment assets. According to BCG, only 0.3% of individual wealth is invested in crypto, which is incomparable with the 25% invested in stocks.
The report concludes that low investment penetration means there is still plenty of room for more substantial growth and adoption within the crypto industry.
Furthermore, the report compares the Internet adoption curve to reach 1 billion users with current cryptocurrency holders and Ethereum addresses with non-zero balances. The report says "there is a lot of growth to come."
Source : Boston Consulting Group, Bitget and Foresight VenturesComparing the data, the researchers predicted that crypto users could reach 1 billion by 2030 if the trend line continues on its launched.
Related: Bitcoin payments make a lot of sense for SMBs, but the risks remain
Recent market research by consulting firm Verified Market Research predicted that
A Boston Consulting Group report shows that 0.3% of individual wealth is invested in crypto while 25% is in stocks.
New
It is a common sentiment among people outside the crypto community to look at Bitcoin (BTC) prices and conclude that it is too late to get into crypto. However, a report shows that the industry is still at the beginning of the adoption curve.
In a joint report released by Boston Consulting Group, Bitget, and Foresight Ventures, data shows that crypto adoption is still very low compared to traditional investment assets. According to BCG, only 0.3% of individual wealth is invested in crypto, which is incomparable with the 25% invested in stocks.
The report concludes that low investment penetration means there is still plenty of room for more substantial growth and adoption within the crypto industry.
Furthermore, the report compares the Internet adoption curve to reach 1 billion users with current cryptocurrency holders and Ethereum addresses with non-zero balances. The report says "there is a lot of growth to come."
Source : Boston Consulting Group, Bitget and Foresight VenturesComparing the data, the researchers predicted that crypto users could reach 1 billion by 2030 if the trend line continues on its launched.
Related: Bitcoin payments make a lot of sense for SMBs, but the risks remain
Recent market research by consulting firm Verified Market Research predicted that
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