Only 4% of the global population currently has Bitcoin (BTC), with the highest concentration of property in the United States, where about 14% of people with BTC.
According to research report From the river, BTC Financial Services, North America remains a continent with the highest adoption indicator among natural persons and institutions, while Africa is currently the lowest is only 1.6%.
In general, BTC adoption was usually higher in more developed regions than in developing regions. River estimates that BTC has only reached 3% of its maximum acceptance potential – signaling that the digital currency is still at an early stage of global adoption.
Bitcoin’s adoption path is still only 3%. Source: River
The financial service company reached 3% of the number, calculating the total Bitcoin addressed market, which includes governments, corporations and institutions – only 1%.
River also took into account the inexorable institutional and individual property feet to achieve a 3% indicator.
Although Bitcoin has traveled a long way from the early days of Cypherpunk, recently becoming the assistant of the US government reserve, several obstacles prevent the mass adoption of Bitcoins on a global scale.
Estimated ownership of Bitcoins according to the geographical region. Source: River
Related: Bitcoin risks nearly $ 82,000 every week for disappointment BTC BTC
What prevents mass adoption?
Bitcoin stands at the intersection of technology and finance – two topics that are dense enough themselves, not to mention together.
The biggest problem, which is the mass adoption of Bitcoin, is the lack of financial and technical education, which drives misunderstandings about BTC – including the idea that this is a fraud or Ponzi program.
Digital assets are also known for their high volatility-short-term salesman, but the enemy of each using BTC as a means of exchange or warehouse.
The report from 2023 with chainalysis showed that stablelecoin was the most frequently transmitted digital resource in Latin America. Source: Chain
The high disparity of variability affects the inhabitants of the developing economies who turned to Stablecouins of American dollars as a digital magazine of values due to their low transaction fees and relative stability compared to other cryptocurrencies.
During the last summit of the White House cryptocurrency, March 7, the Secretary of the Treasury Treasury Scott Bessent announced that the US would exploit Stablecouins to ensure the hegemony of the US dollar and protect its status of the global reserve currency.
Warehouse: Bitcoin payments are challenged by centralized stableins
