Crypto on the Rise? Adoption of Bitcoin and Crypto Assets?

The number of crypto assets owners has been estimated to be 200 million people on our planet. According to the European Central Bank (ECB), there are 40 million people in Europe owning Bitcoin, Ethereum etc. making this 10% of the population; according to the White House in the US, there are another 40 million US citizens owning crypto assets; representing 16% of the population. Who are these 200 million people? Primarily people at an age between 20 and 40 years. Not much people at the age of 60 and more.

Now, a friend of mine has sent me this photo from a German book shop. What can we see here?

I think from this photo, we can infer the following implications:

  1. People are interested in: Bitcoin, crypto assets, inflation, crash.

I learned one thing in the last years: In case people understand Bitcoin and crypto assets, they will invest sooner or later. Education drives understanding; but it costs time.

Here is the reverse proof: Do you know people, who do understand Bitcoin and crypto assets and have not invested? Such people — experts on crypto assets and reluctant to invest — hardly exist.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Philipp Sandner

Professor | Lecturer | Author | Investor | Frankfurt School Blockchain Center