{"id":74102,"date":"2023-02-14T19:26:58","date_gmt":"2023-02-14T17:26:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74102"},"modified":"2025-09-09T18:10:18","modified_gmt":"2025-09-09T15:10:18","slug":"analyst-forecasts-bitcoin-users-to-reach-1-billion-within-three-years","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/analyst-forecasts-bitcoin-users-to-reach-1-billion-within-three-years\/","title":{"rendered":"Analyst forecasts Bitcoin users to reach 1 billion within three years"},"content":{"rendered":"<p>The number of Bitcoin users is expected to rise from just over 300 million to 1 billion over the next three years, according to analyst Willy Woo.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> took 6 months to get 1000 users; 5 years to find 1 million users.<\/p>\n<p>Today, 13.8 years from inception, it has 300m+ users, 4% of the world. <\/p>\n<p>At current growth rates, 1 billion users will be hit in the next 3 years. That&#8217;s 12% of the world. <a href=\"https:\/\/t.co\/akMbNySaGw\">pic.twitter.com\/akMbNySaGw<\/a><\/p>\n<p>\u2014 Willy Woo (@woonomic) <a href=\"https:\/\/twitter.com\/woonomic\/status\/1580258488684400640?ref_src=twsrc%5Etfw\">October 12, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He noted that it took Bitcoin six months to form an audience of the first 1,000 users.<\/p>\n<p>Five years were needed for the figure to rise to 1 million. The network reached more than 300 million roughly 13.8 years after the formation of the <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-genesis-block-mined-fourteen-years-ago\">genesis block<\/a>.<\/p>\n<p>1 billion users in three years would correspond to about 12% of the world&#8217;s population, he said.<\/p>\n<p>For comparison, Woo cited PayPal&#8217;s audience of 430 million and Twitter&#8217;s 400 million, most of which, in his view, are bots.<\/p>\n<p>As reported, Huobi analysts put the number of cryptocurrency users at 320 million by the end of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin users are projected to grow from just over 300 million to 1 billion over the next three years. This forecast was given by analyst Willy Woo.<\/p>\n","protected":false},"author":1,"featured_media":74103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1138],"class_list":["post-74102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=74102"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74102\/revisions"}],"predecessor-version":[{"id":74104,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74102\/revisions\/74104"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/74103"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=74102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=74102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=74102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}