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BTC $42323.64 (-2.3%)
ETH $2928.42 (-4.8%)
USDT $1.00 (0.02%)
BCH $522.46 (-4.6%)
BSV $148.25 (-2.1%)
LTC $153.53 (-4.6%)
BNB $359.32 (-3.4%)
ADA $2.11 (-1.1%)
DOGE $0.20 (-0.7%)

Is Bitcoin Growing Faster Than the Internet?

Is Bitcoin Growing Faster Than the Internet
  • A Twitter account recently tweeted data likening the number of BTC users to internet users.
  • The global user base of all cryptos increased by nearly 190% between 2018 and 2020.

A Twitter account recently tweeted data likening the number of BTC users to internet users.

The data shows that the number of Bitcoin users is roughly the same as the world wide web had 20 years ago—back in 1997 when the Internet was at an early stage.

However, this data isn’t new. At the beginning of 2021, some experts not iced that Bitcoin adoption is expanding much faster than the Internet. As per their expectations, there are likely to be one billion Bitcoin users in the next four years, which the Internet had back in 2005.

Although both the numbers are estimates, this likeness holds a point. 1997 was when internet users crossed the vital threshold of 100 million. In 1997, the number had reached almost 121 million.

Thus, estimates published in 2021 suggest that the number of users who own Bitcoin has crossed the mark of 130 million. However, the exact user figures for Bitcoin are not available. But it is estimated that the global user base of all cryptos increased by nearly 190% between 2018 and 2020.

Many signs suggest that the momentum of crypto adoption is quickening at a higher pace than previously predicted over the past twelve months. As a result, institutions, corporations, governments, and individuals are taking part in crypto infrastructure.

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Roland Guirdonan can be found writing, developing, and designing all sorts of content. Aside from his fascination with content creation, he is also passionate about blockchain and cryptocurrency developments.