Part 9/12:
Global Adoption and the Early Stage of Growth
The analysis underscores that only about 0.6% of the global population owns Bitcoin, emphasizing early-stage adoption reminiscent of the early days of cell phone use in the 1990s. The analogy suggests that widespread participation is still on the horizon, and as adoption progresses, distribution will become more decentralized, with smaller holdings proliferating.
Future Growth and Market Dynamics
The presenter foresees continued growth driven by innovations such as Bitcoin ETFs (Exchange-Traded Funds), which are gaining popularity worldwide. For example:
- In the U.S., Bitcoin ETFs may draw in around $25 million on their first day.