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Learning & News => News related to Crypto => Topic started by: newshunter on June 11, 2022, 07:01:19 AM

Title: Global Bitcoin adoption to hit 10% by 2030: Blockware report
Post by: newshunter on June 11, 2022, 07:01:19 AM

Global Bitcoin adoption to hit 10% by 2030: Blockware report

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.

Source: Global Bitcoin adoption to hit 10% by 2030: Blockware report (https://cointelegraph.com/news/global-bitcoin-adoption-to-hit-10-by-2030-blockware-report)

Would appreciate your opinion about this

Title: Re: Global Bitcoin adoption to hit 10% by 2030: Blockware report
Post by: Astra on June 11, 2022, 08:04:08 AM

It is hardly worth making predictions about the global adoption of bitcoin around the world, based on the analogy of such adoption of cars, electricity or the Internet. Cryptocurrency has its own characteristics and these features are significant. It is quite difficult to make any predictions specifically for bitcoin, given the increasing attacks on the cryptocurrency, which uses the PoW algorithm for mining. But in general, such a technique can be taken into account.