Summary
- Jay Jacobs of BlackRock stated that cryptocurrency has surpassed the growth speed of mobile phones and the internet.
- He reported that younger generations are actively embracing Bitcoin, with demand increasing due to inflation and political divisions.
- Bitcoin currently has a market capitalization of 2 trillion dollars and is emphasized as the most widely adopted cryptocurrency.
According to Watcher Guru, a cryptocurrency-focused media outlet, on the 13th (local time), Jay Jacobs, Head of Active ETFs at BlackRock, stated in a report that "cryptocurrency is outpacing the growth speed of mobile phones and the internet." He noted that "it took 21 years for mobile phones, 15 years for the internet, and only 12 years for cryptocurrency to reach 300 million users."
He analyzed that "unlike older generations, younger generations are more open to accepting Bitcoin (BTC)," and that "due to inflation, global political divisions, and banking and economic issues, the demand for decentralized assets like Bitcoin is increasing."
Additionally, he emphasized that "as the global economy digitizes, new use cases for Bitcoin are emerging," and that "Bitcoin now leads the world with a market capitalization of 2 trillion dollars, being the most widely adopted cryptocurrency."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
