Hello everyone...
Last year it was estimated that approximately 300 million people were actively using cryptocurrencies or at least owned some, and although 300 million is a fairly large number, it is not so unpredictable when we talk about people who have an account in banks around the world, since according to data from the world bank approximately 62% of the total world population has an active account in a bank around the world, and that if we pass it to numbers would be almost 5 billion people.
Of course, investments in banks have a higher percentage of security and stability than cryptocurrencies, because if you put $100K in a bank account that generates interest, you can get 2% or more in a year. But the world situation is changing dramatically, and many people do not see profitable to leave money in a bank to generate interest, since the world inflation can be 5% so they would be losing money a year.
In addition to the issue of inflation, there is the issue of bank centralization, as it has been shown that no matter who you are or what country you belong to, if the bank finds your money suspicious or the origin, they will freeze it and take it away, so many people tired of this constant centralization by banks are looking for other ways to maintain their economy but to do it in their own way and cryptocurrencies have the solution, and the best thing is that more and more people are realizing that.
For example, a survey conducted by Gemini an exchange founded by Cameron and Tyler Winklevoss, showed excellent results on crypto adoption worldwide, in fact even better than expected.
You can read the full report here:
This report details in detail how in 2021 the use or adoption of cryptocurrencies around the world will shoot up considerably, with India, Brazil and Hong Kong being the countries with the highest adoption rates.
In the rest of the world's regions were left with these incredible percentages LATAM and Asia-Pacific were actively buying cryptocurrencies in 2021, with 46% of respondents in LATAM and 45% in APAC buying their first cryptocurrency in 2021. Forty-four percent of respondents in the U.S. and 40% in Europe started investing in 2021, with countries such as the UAE, Singapore and Israel, with 35% of UAE respondents, 30% of Singapore respondents and 28% of Israeli respondents reporting owning cryptocurrency.
And although this was a survey of 30K people in different countries, you can see that many are already opting for decenrtalized investments or owning money outside of the traditional banking system, so we might think that the mass adoption that was often talked about in leofinance since 2020 is being achieved with good steps.
Since different things that are happening around the world generate more and more distrust and uncertainty in the traditional economic system and fiat money, people know that cryptocurrencies and blockchain is the future and they are already investing in it. That is why I would not be at all surprised if by the end of this year we reach the milestone of 1 billion people actively using cryptocurrencies and as the months go by these numbers will continue to increase drastically. So if you are now in this world of cryptocurrencies learn every day how to do it better and better, because this is the future. And all over the world they are already realizing it.
