A chart floated on Twitter by Lark Davies indicates the adoption rate of crypto and the internet. Different lines in the graph represent the correlation between them. Through the chart, certain future predictions can be drawn out. In case the trends show the same progress, then ultimately, by 2026-27, there will be around 1 billion users owning cryptocurrency. The positive growth will lead to 5 times more crypto users as compared to now.
As per the reports, there are 200 million users of crypto, and in later years, the number will increase to 1 billion. Also, in the future years, the positive relationship between the internet and crypto will be there as crypto is directly dependent on the internet.
Willy Woo on Crypto adoption
Willy Woo is a chain analyst who commented on crypto adoption. According to him, human nature is made in a way that observes things in a linear stance. He gave an example of internet users in the initial years and how the dependency on the internet grew. As per him, the same will happen in this case, just like how crypto adoption is happening. If not now, then in the future, masses will buy crypto.
Use of Web3.0 in it
VC firm Fabric Venture’s Medium Post tells the ability and power of Web3.0 as it can easily interact with the peer-to-peer network without any third-party interference. Web3.0 will help in the effective growth of crypto and the internet as it has the capability of interacting with machines and consumers.