[2017-04-13]How Big is Bitcoin?

[Sunmerdy]

Recently Bitcoin.com reported on the release of a comprehensive cryptocurrency study by the University of Cambridge. One area discussed in this report is the number of users of cryptocurrencies and wallets. This article explores how the study derives the number of active Bitcoin users and holders.
read more:https://news.bitcoin.com/how-big-is-bitcoin/

[asdin66fa]

If The Chinese and Indian governments embrace bitcoin and if there is an adoption rate similar to the US at 0.87% that would be 21 million users alone. A lot of if’s but interesting to think about.

[veleten]

If The Chinese and Indian governments embrace bitcoin and if there is an adoption rate similar to the US at 0.87% that would be 21 million users alone. A lot of if’s but interesting to think about.

I think that China has one of the fastest growing adoption rates in the world already
there are so many exchanges,exchangers and companies that work with bitcoin,it is inevitable that China becomes
the leader in several years to come,India on the other hand,has always been a fiat country,people there
are increasingly suspicious of banks,atms,online money etc. and that is despite having one of the best computer specialists and programmers in the world
also India's politicians have shown they are not exactly a bright bunch-calling bitcoin a ponzi and a pyramide and trying to make it illegal
so I think China will be an undisputed adoption leader in the years to come,while India's perspective is not that clear

[Carlton Banks]

The Cambridge University academics (Michel Rauchs and Garrick Hileman) behind this report posted about it on Bitcointalk: https://bitcointalk.org/index.php?topic=1860976

I replied:

I have a question that precludes the basis of your report.



Bearing in mind the known involvement of ivy league/red brick universities with both recruiting to and producing reports and/or research for the various intelligence services, can you confirm (or deny ) any previous or present involvement in conducting any such work for state intelligence or military intelligence (pertaining to the British state or otherwise) of:

• The authors of this report
• The presiding senior faculty members

We await your response. Bear in mind that Cambridge University is one such establishment for which these allegations have been substantiated.

No response as yet from the either of the two Cambridge University academics to my question.