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Question: What % of full adoption bitcoin has achieved by now ?
0.01 - 2 (13.3%)
0.1 - 1 (6.7%)
0.5 - 0 (0%)
1 - 0 (0%)
2 - 5 (33.3%)
5 - 1 (6.7%)
10 - 2 (13.3%)
20 - 3 (20%)
50 - 0 (0%)
100 - 1 (6.7%)
Total Voters: 15

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Author Topic: How far is bitcoin from full adoption (100% mass adoption)?  (Read 250 times)
avikz
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December 20, 2021, 03:00:46 PM
 #41

Please answer, how do you feel about it...

Adoption! What do you mean by it? Do we consider investing as an adoption without knowing the technical things behind it? If yes, the possibly 10% - 15% of the population adopted it.

But if you consider the knowledge adoption, I don't see more than 3% - 4% of the population. Actual numbers can be much lesser than what I mentioned here because it is very difficult to measure it.

Also if you want to see full 100% adoption, that day will never come in reality.

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December 20, 2021, 04:03:49 PM
 #42

What do you mean by 100% mass adoption? You need to be more specific OP on what you're trying to ask us. It could be mass adoption of storing it? Investing it? Making it as a use of payment? But if you mean is mass adoption of using/purchasing it as investing to make profits and knows how the system works as an individual. Well, my answer is not more than 5% of the total population across the globe and even in the USA they're not more than 10% who uses it.

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laredo7mm
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December 20, 2021, 04:50:20 PM
 #43

If you mean 100% mass adoption by referring to that scenario where everyone would have a percent of BTC then it is not even near 10%. Do you know how many people in the world don't use the internet ever? According to the world Nations its 37% of the total world population. Over 86% of Americans haven't heard about cryptocurrencies at all according to a survey. More than 1 out of 3 crypto investors don't know enough about bitcoin. This data shows cryptocurrencies are still a baby in the present world. So first let us get awareness and education about crypto then we can think about crypto adoption.
qwertyup23
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December 20, 2021, 06:17:39 PM
 #44

I think I can pick 10% rate of adoption so far. For now just few countries have made full move to adoption and also few institutions have allowed for bitcoin in their platform. Until a reasonable amount of countries starts proper adoption, hopefully from next halving.

I think 10% is the right answer in terms of mass adoption.

Remember that in order for something to be recognized, it must be categorized as legitimate in a country. If you want to see BTC being mass adopted worldwide, then it has to survive the issue of acceptability and absorption in a country. Though this may seem possible, I highly doubt that 100% mass adoption would happen even in the far future given the nature of BTC providing anonymity and freedom in transactions.

Remember that the government wants and needs control over its finances. They see cryptocurrencies as a threat to their absolute control which would hamper and reduce their effectivity.

R


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