TechFlow news, January 14 — 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:
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Demographic advantages: Digitally native generations are more inclined to embrace crypto assets such as 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: The digital asset infrastructure is becoming increasingly robust, lowering entry barriers and expanding use cases.
