World population reaches 8 billion, but how many are in crypto?

Share This Post

The United Nations tipped the global population to tick over to 8 billion on Nov. 15, while the next billion isn’t coming for another 15 years.

The global population figure has just reached a huge milestone, with 8 billion souls now sharing the planet. Meanwhile, crypto adoption continues to grow. 

According to Worldometer, which draws estimates from a 2022 United Nations report, the global population ticked over 8 billion on Nov. 15, doubling from a population count of 4 billion in 1974 — some 48 years ago.

Worldometer said that as of 2022, the population’s annual growth rate sits at around 0.84% but will continue to slow. This could mean it could take another 15 years for the world’s population to reach 9 billion, while the population won’t hit 10 billion until 2080.

China and India are the two most populous countries, with almost 36% of the global population between them.

However, there currently doesn’t exist a consensus around how much of the world’s population currently holds digital assets such as cryptocurrency, with estimates varying. 

Market research firm GWI suggests that as much as 10.2% already hold crypto, with most ownership skewed toward nations experiencing high inflation or fluctuation in the value of their national fiat. 

Singapore-based blockchain firm TripleA estimated that as of 2022, the global crypto ownership rate is around 4.2%, with over 320 million crypto users worldwide. It reported that the United States was top with 46 million crypto holders, followed by India, Pakistan and Nigeria.

In June, Blockware Intelligence predicts that Bitcoin adoption alone will hit 10% worldwide by 2030, as reported by Cointelegraph earlier this year.

Earlier this year, Chainalysis ranked 146 countries in five categories in its 2022 Global Crypto Adoption Index. It found that Vietnam led the pack for overall adoption rates, followed by the Philippines, India, Ukraine and the United States. However, the report did not suggest actual ownership figures.

Related: Global crypto adoption could ‘soon hit a hyper-inflection point’

China, however, remains a difficult country to ascertain the level of crypto ownership. A large portion of people in the world’s most populous country is understood to be tech-savvy and hungry for crypto.

However, the ruling regime has other ideas at the moment. No accurate crypto ownership figures are available.

Crypto adoption will inevitably continue to grow across the planet so we’ll round off with happy birthday, global citizen number 8,000,000,000.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You

As of December 21, 2024, the Bitcoin price is trading at around $98,600, reflecting a 34% increase from its previous close This rise is part of a broader trend marked by substantial price

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

For four days straight, bitcoin’s historic high of $108,000 has been in the rearview mirror, with the digital asset now dipping over 10% from its peak Yet, while the price has cooled,

Cardano Eyes $6 As ADA, DOGE and RBLK Attract Unprecedented Whale Interest

The post Cardano Eyes $6 As ADA, DOGE and RBLK Attract Unprecedented Whale Interest appeared first on Coinpedia Fintech News Whales are rebalancing their portfolios for a blistering year ahead, with

Litecoin, HBAR ETFs Speculation Soars – Lunex Gains Steam Amid Explosive Price Forecasts

The post Litecoin, HBAR ETFs Speculation Soars – Lunex Gains Steam Amid Explosive Price Forecasts appeared first on Coinpedia Fintech News Litecoin is on its way to the moon now, and reports

Ethereum Gears Up For A Recovery Toward $3,659 – Time To Buy?

Ethereum is regaining its footing in the market with a strong recovery, drawing attention as it moves toward the critical $3,659 resistance level This surge comes after a period of consolidation,

Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?

Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $19 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000 This flash