Watch Cointelegraph’s latest interview with Crypto.com CEO Chris Marshall to understand the drivers that will drive the cryptocurrency to its 200 million users. For more content on crypto and blockchain, visit Cointelegraph’s YouTube channel and subscribe!
When will the adoption take place?
According to research by Crypto.com, it took more than a decade for the cryptocurrency to reach 100 million users, or roughly 1% of the world’s population. But Marshall expects the next 100 million users to arrive faster.
“Going from 100 to 200 million would be much faster, you know, from 50 to 100 [million].”
He explained that the expanding influence of the crypto network will be associated with a set of converging directions.
Everyone is on the institutional money train
The emergence of large organizations in the crypto space was a signal to many that there is regular implementation. Home names like Paypal and Tesla are taking advantage of Bitcoin acquisitions and supporting Bitcoin payment systems for non-encrypted customers.
“There are only a number of financial institutions that are now investing a certain portion of their assets in Bitcoin. So it’s a lot of work.”
NFTe took up
The NFTs have proven themselves as the hottest topic of 2021. The NBA, Jack Dorsey, and some of the most prestigious auction houses in the world are deluding themselves. Marshallk is excited by the prospect that “top celebs with 100, 200 million subscribers, 250 million followers” will attract their fanbase to cryptocurrencies. He believes this could lead to an increase in the number of new users:
Today’s culture is only led by internet influencers. This is the perfect time for NFTs to truly become mainstream. “