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Cryptoknowmics 2022-05-15 12:00:55

Can Bitcoin Outperform the Internet in Growth?

If you’re reading this, you’ve undoubtedly heard of bitcoin, as have hundreds of millions of other people. You may have heard recently that a single bitcoin is worth tens of thousands of dollars. You could possibly be one of the millions of individuals with active bitcoin wallets in 2022. There is a good chance that you are familiar with the internet, whether or not you belong to one of the aforementioned categories. Few things in human history have altered our way of life as drastically as the internet. The internet is one of humanity’s greatest achievements, whether in communications, entertainment, business, or even international relations. While bitcoin is undoubtedly gaining popularity, could it possibly exceed the internet in terms of growth? How Quickly Is Bitcoin Growing? Last year, an on-chain analyst named Willy Woo unveiled a set of tweets that got the crypto community buzzing. The tweets included a graph depicting the history of bitcoin use, as well as estimates for the next several years. According to the graph, there were 135 million active bitcoin addresses, which is the same number of individuals using the internet in 1997. However, bitcoin use has grown rapidly in recent years, and analysts predict that if it continues to develop at this rate, it will have a billion users by 2025. In comparison, the internet did not reach a billion users until 2005, eight years after it reached 135 million. A billion bitcoin u...

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