BlackRock Report: Cryptocurrency Reached 300 Million Users in Just 12 Years, 20% and 40% Faster Than the Internet and Mobile Phones, Respectively
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BlackRock Report: Cryptocurrency Reached 300 Million Users in Just 12 Years, 20% and 40% Faster Than the Internet and Mobile Phones, Respectively
BlackRock's latest research report shows that the adoption rate of crypto assets has surpassed breakthrough technologies such as the internet and mobile phones. Data indicates that cryptocurrencies reached 300 million users in just 12 years, 20% faster than the internet (15 years) and 40% faster than mobile phones (20 years). The report analyzes three key drivers behind the rapid adoption of crypto assets: demographic advantages—digital natives are more inclined to embrace crypto assets like Bitcoin; global macro factors—inflation concerns, political divisions, and financial system risks fuel demand for decentralized assets; and improved infrastructure—the ongoing maturation of digital asset infrastructure
Navigating Web3 tides with focused insightsTechFlow reports on January 14 that BlackRock's latest research shows crypto assets have achieved faster adoption than breakthrough technologies such as the internet and mobile phones. Data indicates cryptocurrencies reached 300 million users in just 12 years—20% faster than the internet (15 years) and 40% faster than mobile phones (20 years).
The report identifies three key drivers behind the rapid adoption of crypto assets:
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Demographic advantage: Digitally native generations are more inclined to adopt crypto assets like Bitcoin;
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Global macro factors: Concerns over inflation, political divisions, and financial system risks are driving demand for decentralized assets;
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Infrastructure maturity: Digital asset infrastructure is becoming increasingly robust, lowering entry barriers and expanding use cases.
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