Member-only story

Massive Crypto Adoption Ahead: Coinbase Expects 8 Billion On-Chain

Crypto Beat
6 min readJul 23, 2023

--

Photo by Shubham Dhage on Unsplash

The world of cryptocurrency and blockchain technology has witnessed significant growth in recent years, but according to Jesse Pollak, the protocols lead at Coinbase, this is just the beginning. Speaking at the EthCC conference in Paris, Pollak made an optimistic prediction that as many as 8 billion people would become crypto and blockchain users over the next decade. This massive shift in adoption is set to revolutionize the financial landscape and reshape the way people interact with technology and money.

The Current State of Crypto Adoption

Currently, there are less than 10 million people on-chain, meaning actively using cryptocurrency or participating in blockchain networks. This number may seem substantial, but when compared to Pollak’s forecast of 8 billion, it becomes evident that we have only scratched the surface of the potential crypto adoption.

Implications of the Prediction

Pollak’s prediction, if realized, would mean that virtually the entire world’s population would become part of the crypto ecosystem. While this may appear ambitious, it highlights the potential transformative power of blockchain technology. Even in regions where internet access remains limited, the widespread use of cryptocurrency…

--

--

Crypto Beat
Crypto Beat

Written by Crypto Beat

⚡ Latest breaking crypto news about Bitcoin, Ethereum and other Altcoins. 🎬 Youtube: youtube.com/@crypto-beat 🌎 Website: crypto-beat.com

No responses yet