{"id":16886,"date":"2022-01-21T16:32:21","date_gmt":"2022-01-21T15:32:21","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=16886"},"modified":"2022-01-21T16:32:30","modified_gmt":"2022-01-21T15:32:30","slug":"global-crypto-users-to-reach-1b-by-2023-more-nations-to-adopt-btc-in-2023-report","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/global-crypto-users-to-reach-1b-by-2023-more-nations-to-adopt-btc-in-2023-report\/","title":{"rendered":"Global Crypto Users to Reach 1B by 2023, More Nations to Adopt BTC in 2023: Report"},"content":{"rendered":"\n
Global crypto users<\/a> could top a billion by the end of 2023, according to a new report by Crypto.com. Nation-state adoption<\/a> of BTC are likely to increase by 2023.<\/h5>\n\n\n\n
\"Global
Global Crypto Users to Reach 1B by 2023, More Nations to Adopt BTC in 2023: Report<\/figcaption><\/figure>\n\n\n\n

Global Crypto Users could Reach One Billion by the end of 2023. <\/h2>\n\n\n\n

For wounded Bitcoin (BTC\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>) bulls, there is a ray of hope. According to an optimistic report published by Crypto.com, global crypto users<\/a> could reach one billion by the end of 2022.<\/p>\n\n\n\n

The research concludes that “Nations can no longer afford to ignore the growing push towards crypto by the public,” citing a combination of poor countries following El Salvador's<\/a> orange-pilled example and a “friendlier approach” towards the crypto business.<\/p>\n\n\n\n

In 2021, the global cryptocurrency population expanded by 178 percent, from 106 million in January to 295 million in December. <\/p>\n\n\n\n

While Tesla<\/a> and Mastercard<\/a> joined the party with crypto payments and adoption in the first half of the year, BTC drove growth in the second half of the year, effectively exceeding Ether (ETH)<\/use><\/svg><\/span><\/a> adoption.<\/p>\n\n\n\n

More Nations to Adopt BTC in 2023<\/h2>\n\n\n\n

August was a banner month for Bitcoin acceptance in the run-up to El Salvador's legal tender law, as illustrated in the graph below:<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

Crypto.com believes that “if we assume a similar rate of increase in 2022, we are on track to reach 1 billion crypto users by the end of 2023,” based on the number of crypto users in 2022.<\/p>\n\n\n\n

To get there, though, it will take more than just one Latin American country to accept Bitcoin<\/use><\/svg><\/span><\/a>, as well as some sensible crypto policy in the United States.<\/p>\n\n\n\n

Fortunately, a recent Fidelity analysis supports national-level acceptance, stating that they “wouldn't be astonished” if more countries embrace BTC before 2022. The jury is still out on the second part of Crypto.com's prediction of a more welcoming attitude toward cryptocurrency.<\/p>\n\n\n\n

Given the continued rejection of a U.S. Bitcoin ETF, and the latest U.S. crypto mining hearing, Crypto.com's projections are a saving grace. The report is welcome hopeium for hodlers as price action grinds lower.<\/p>\n","protected":false},"excerpt":{"rendered":"

Global crypto users could top a billion by the end of 2023, according to a new report by Crypto.com. Nation-state adoption of BTC are likely to increase by 2023. Global Crypto Users could Reach One Billion by the end of 2023. For wounded Bitcoin (BTC ) bulls, there is a ray of hope. According to […]<\/p>\n","protected":false},"author":29,"featured_media":15704,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[6719,5644],"class_list":["post-16886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-btc-adoption","tag-crypto-com-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/According-to-a-cryptoanalyst-Bitcoin-may-be-poised-for-new-gains.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/16886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=16886"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/16886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/15704"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=16886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=16886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=16886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}