What percentage of people on Earth will own Bitcoin by 2020

[craZyLovE0916]

I have been surveying about bitcoin during 2010 until now the Chinese population has been using bitcoin and reaching almost 15% of the population has been using bitcoin as a person-to-person for payment tool, they say "bitcoin will be the currency in modern times as it is now and bitcoin prices From year to year will increase until mining runs out "

When you say 15% of China is using Bitcoin right now, I am sorry but that is impossible. If so many people (200 million+) were using Bitcoin the price would already be $10,000.

I think a fair estimate is 5-10% of people will own Bitcoin, because still 99% of people don't know about it. IF so many people don't know about it, it will take a long time for them to learn how to use them... 2020 is only 2.5 years away so this is not a long enough time, sorry. But hopefully someday 15% of China will use Bitcoin.

[guoyu78]

By 2020 at list 40 to 50 percent of world population should own bitcoin and even use it. Many young men and girl has access to internet and bitcion is making great Wave all over the world and people becomes knowledgeable about bitcoin and others cryptocurrency.

I believe that to be about 10%-20% of people in this world.
Well, do you know that lots of people in the world does not make use of the Internet ! So, we still have a long way to go. But, we shouldn't be predicting the future, we should wait and see what happens.

[curved9inch]

by that year 2020 my guess was  only 5% because the population of the world is so huge and  as of now only a little percentage or partition of  it  maybe 1% or less than are people who knew bitcoin. Somehow it would be added up in upcoming years since bitcoin is becoming popular.

[lovesybitz]

I've been running a poll for some time now about the value of 1 bitcoin by 2020 and it's safe to say a lot of different opinions and guesses are made.
This poll completes the other one and i'm really looking forward to everyone's input in this.

Tnx for your input 

I don't know the answer. All I can say maybe by 2020, I think we had a large of bitcoin community  I guess 30% of the population in the entire world are become the bitcoin users when that time comes.

[helloicon]

I would say 5-10% for my answer. But following 2020, more and more  people will participate in investing and using Bitcoins.

[Bittoshi]

Most people on earth are struggling with feeding their families and haven't even heart of Bitcoins. Many people don't even have a PC or just a smartphone with a proper internet connection. There are scenarios where the people of a poor country could switch to Bitcoin because their own currency may have a very high inflation or there is a need to hide payment transactions from the official banks and government. But I don't see the total percentage of (mature) people on earth using Bitcoin above 2%.

[darthmaul]

With current situation bitcoin is hardly known to all the people on earth. The number might be near to 1 percent of whole population or less. This can be known from the number of wallets and users they are having. Im just speculating the scenario but according to blockchain info there are more than 16 million wallets. If we consider thousands of user per wallet theb also it doesnt reach 1 percent of population. This data is really imaginative but we can have sense from this data that bitcoin is still not reached to everyone.

There are many factors such most of the countries are in developing stage and they lack the advance infrastructure such as internet services, information technology and even hardwares. People dont have knowledge about banking system so i believe they are unware of bitcoin thing for sure.

So coming ro your question i hardly think there will 2 to 3 percent people will get into bitcoin.

[Foromany]

Maybe 80 percent the way bitcoin is moving

[uraharasan]

Maybe 80 percent the way bitcoin is moving

before posting you should read your senior post above, if 20% human beings on earth using Bitcoin then the price is definitely above 10,000 $, 50% still too high.

[logicgate]

Maybe 80 percent the way bitcoin is moving

before posting you should read your senior post above, if 20% human beings on earth using Bitcoin then the price is definitely above 10,000 $, 50% still too high.

  Indeed! 80% is a big number. Hardly 5% of the world population is aware of bitcoins at present. 20% is also a very large number of world populations. Bitcoins are increasing day by day in price and at the same pace, their users are also increasing. Still they need to go hard way to attract that much users. So I am sure after 2020 when the people of the world are economic strongly then 50% or above people are adapt it.

[freedomgo]

Maybe 80 percent the way bitcoin is moving

before posting you should read your senior post above, if 20% human beings on earth using Bitcoin then the price is definitely above 10,000 $, 50% still too high.

Actually we love that to happen but we have to remain realistic, it cannot hit a big no. of adopters because our target of potential
users are lower than that. Even if the adoption is not that big but the fact that the supply is limited and will decrease, we can always see a good price.

[emem03]

I think 60 percent of people own bitcoin by 2020, many people already investing in bitcoin. Because many people use internet and own computer so that people started invest and convince to use bitcoin.

[micromoney]

We guess that 10-20, BUT other people will one another cryptocurrency. The future stand for crypto!

[geegaw]

Maybe 80 percent the way bitcoin is moving

before posting you should read your senior post above, if 20% human beings on earth using Bitcoin then the price is definitely above 10,000 $, 50% still too high.

  Indeed! 80% is a big number. Hardly 5% of the world population is aware of bitcoins at present. 20% is also a very large number of world populations. Bitcoins are increasing day by day in price and at the same pace, their users are also increasing. Still they need to go hard way to attract that much users. So I am sure after 2020 when the people of the world are economic strongly then 50% or above people are adapt it.

Yeah, the percentage who owns the bitcoin is still very low by 2020 because many people still do not trust bitcoin, they always think bitcoin is a scam, in their mind, making money online is not possible, online earning jobs are just wasting time and there is no proof of payment. Investing in a virtual currency is not a good idea, it is risky and dangerous and also because this thinking, I have many reasons to believe that the percentage of people who own bitcoin in 2020 is about 10 -15%. Bitcoin needs more time and more development to prove its potential and power to the economy of everyone in the world.

[stompix]

I have been surveying about bitcoin during 2010 until now the Chinese population has been using bitcoin and reaching almost 15% of the population has been using bitcoin as a person-to-person for payment tool, they say "bitcoin will be the currency in modern times as it is now and bitcoin prices From year to year will increase until mining runs out "

When you say 15% of China is using Bitcoin right now, I am sorry but that is impossible. If so many people (200 million+) were using Bitcoin the price would already be $10,000.

I think a fair estimate is 5-10% of people will own Bitcoin, because still 99% of people don't know about it. IF so many people don't know about it, it will take a long time for them to learn how to use them... 2020 is only 2.5 years away so this is not a long enough time, sorry. But hopefully someday 15% of China will use Bitcoin.

The numbers are not impossible because of the price.
The numbers are right now physically impossible due to the blockchain.

We have close to 250 million transactions in the chain. It's impossible for 15% of China using bitcoin as it would mean more than 66% of the entire trasnactions would have been made by the Chinese , but only one transaction for each.

So if we had every of those 15% of China making TWO transactions we would by now have more than 50 millions transactions more in the chain.
And this excluding the rest of the world.

[rodskee]

With current situation bitcoin is hardly known to all the people on earth. The number might be near to 1 percent of whole population or less. This can be known from the number of wallets and users they are having. Im just speculating the scenario but according to blockchain info there are more than 16 million wallets. If we consider thousands of user per wallet theb also it doesnt reach 1 percent of population. This data is really imaginative but we can have sense from this data that bitcoin is still not reached to everyone.

There are many factors such most of the countries are in developing stage and they lack the advance infrastructure such as internet services, information technology and even hardwares. People dont have knowledge about banking system so i believe they are unware of bitcoin thing for sure.

So coming ro your question i hardly think there will 2 to 3 percent people will get into bitcoin.

i agree with you sir 2 to 3 percent get into the bitcoin because the reason a very big population in the whole world are billion people, 3 years are not enough to explore the importance of bitcoin for the big popualation, to educate them all.

[jonatuzc]

Maybe 80 percent the way bitcoin is moving

before posting you should read your senior post above, if 20% human beings on earth using Bitcoin then the price is definitely above 10,000 $, 50% still too high.

  Indeed! 80% is a big number. Hardly 5% of the world population is aware of bitcoins at present. 20% is also a very large number of world populations. Bitcoins are increasing day by day in price and at the same pace, their users are also increasing. Still they need to go hard way to attract that much users. So I am sure after 2020 when the people of the world are economic strongly then 50% or above people are adapt it.

It is very to comment on it by now. But one thing is for sure that number of investors will be much more than one can even think of. The way Bitcoin gained popularity in first 7 years, I think future of Bitcoin and investors in very much bright.

[Dudeperfect]

I think 60 percent of people own bitcoin by 2020, many people already investing in bitcoin. Because many people use internet and own computer so that people started invest and convince to use bitcoin.

I agree that we might see exponential growth in the user base within next 3 years but still, 60% of world's population is a too much extreme prediction. A person using a computer might not use Bitcoin for some reasons so the number of computer/internet users should not be the main criteria to determine the prediction of Bitcoin's growth. I doubt if we really have 60% of the world's population using the internet.

[defined]

By 2020 at list 40 to 50 percent of world population should own bitcoin and even use it. Many young men and girl has access to internet and bitcion is making great Wave all over the world and people becomes knowledgeable about bitcoin and others cryptocurrency.

Suppose for a moment that 3 billion people make 1 transaction, and suppose the average transaction is 300 bytes small.
The result is that blockchain grows 900GB, 6 times bigger than it is now.
At 1MB blocks this takes 18 years.

Before you think many people can use Bitcoin in 2020, calculate how few transactions blockchain can store.

[Gozie51]

I think 60 percent of people own bitcoin by 2020, many people already investing in bitcoin. Because many people use internet and own computer so that people started invest and convince to use bitcoin.

Exactly, 60% in just 3 years might really be high for the entire humans. Again, there are some continent that have very very few people who have heard of bitcoin & this number will still add up to the entire number or percentage which will make the 60% a far cry as you have alluded to. Moreso , I like your analogy with computer usage not being measured as numbers who know how to go about btc or have heard of it. Thus, the number of people using computers or internet platforms would not automatic mean they know of bitcoin too.

I agree that we might see exponential growth in the user base within next 3 years but still, 60% of world's population is a too much extreme prediction. A person using a computer might not use Bitcoin for some reasons so the number of computer/internet users should not be the main criteria to determine the prediction of Bitcoin's growth. I doubt if we really have 60% of the world's population using the internet.