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**Bitcoin to Get to Several Billion People by 2030, Says Brian Armstrong**
In a recent statement, Coinbase CEO Brian Armstrong has made a bold prediction about the future adoption of Bitcoin. According to him, it is possible for Bitcoin to reach several billion people by 2030, given its current growth trajectory.
This forecast comes at a time when the cryptocurrency market has seen significant growth, fueled in part by the launch of ETFs and other investment products. The iShares Bitcoin Trust (IBIT) has already surpassed $50 billion in assets under management, indicating the massive interest in these new investment vehicles.
Armstrong’s prediction is significant because it suggests that the adoption rate of Bitcoin may be faster than previously anticipated. For context, he compared the growth of Bitcoin to that of the internet and mobile phones, stating that if we extrapolate the current trend, it would reach several billion users by 2030.
While this forecast is ambitious, it is not entirely unprecedented. Armstrong’s prediction echoes similar sentiments expressed by other industry leaders, who have highlighted the incredible potential for widespread adoption.
The recent surge in demand has been driven in part by the launch of ETFs and other investment products that allow retail investors to easily get exposure to cryptocurrencies like Bitcoin. Additionally, the rise of meme coins and other alternate cryptocurrencies has seen a significant influx of new users into the space.
As Armstrong noted, while the forecast depends on how one defines the official introduction year for Bitcoin, he believes that the projection from Nawfal is “directionally correct.”
Source: u.today
