Coinbase CEO Brian Armstrong Says Bitcoin Adoption To Reach ‘Billions’ By 2030

Bitcoin (CRYPTO: BTC) adoption is on track to reach several billion users by the end of the decade, according to Coinbase (NASDAQ:COIN) CEO Brian Armstrong.

In a statement on X on Monday, Armstrong pointed to the rapid pace of Bitcoin growth, comparing it to the early adoption rates of mobile phones and the internet.

“Bitcoin adoption should get to several billion people by 2030 at current rates,” Armstrong wrote, emphasizing the acceleration in mainstream cryptocurrency use.

He was responding to a tweet by entrepreneur Mario Nawfal, who, citing data from BlackRock (NASDAQ:BLK)stated that crypto adoption has grown 43% faster than mobile phones and 20% faster than the internet.

He said that the report suggests that younger generations, concerns over inflation, and a pro-crypto stance from U.S. leadership are …

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