Bitcoin hits NYE 2000 on internet adoption timeline, but Snapchat has more users
The post Bitcoin hits NYE 2000 on internet adoption timeline, but Snapchat has more users appeared on BitcoinEthereumNews.com. “We’re not early anymore.” That is the mantra echoing across Crypto Twitter today. Last week, 35,000 people attended Bitcoin 2025, including Bitcoin enthusiasts, U.S. senators, White House staff, BlackRock analysts, and even once-imprisoned Silk Road founder Ross Ulbricht. The spot price is well above $100,000, and Bitcoiners are celebrating ‘going mainstream.’ But behind the standing ovations and ETF-fueled price charts lies a quieter truth: Bitcoin is still far from mainstream. Despite a record-setting rally and Wall Street’s growing embrace, only 4 percent of the global population holds any Bitcoin at all. In raw numbers, that’s about 337 million people, half as many as Snapchat users. Even if you include altcoins, we’re still a few hundred million short at 659 million. For all its trillion-dollar promise, Bitcoin remains a fringe tool in a still-developing ecosystem. Bitcoin is still the late-90s internet Compare Bitcoin’s adoption curve to that of the early internet: Metric Bitcoin Internet (1996) Today’s Internet Users / Owners 337 million ~77 million 5.5 billion Global Penetration 4% ~1.4% 68% Bitcoin in 2025 resembles the Internet before email went fully mainstream. It is a place of innovation, but far from ubiquitous. Using your Bitcoin wallet and reading articles like this one is akin to owning an AOL account or installing the latest version of Netscape from a CD attached to a computer magazine. The Las Vegas crowd may feel like the latecomers. Statistically, they’re still early adopters. Internet adoption (source: Our World in Data) Wall Street buys, but Main Street doesn’t use The crypto narrative increasingly hinges on institutional participation. Since the SEC’s ETF approvals in early 2024, over $44 billion has poured into U.S. spot bitcoin ETFs. Pension funds, asset managers, and family offices have all allocated bitcoin as a portfolio hedge. Yet Bitcoin’s everyday utility hasn’t budged. Daily…
The post Bitcoin hits NYE 2000 on internet adoption timeline, but Snapchat has more users appeared on BitcoinEthereumNews.com.
“We’re not early anymore.” That is the mantra echoing across Crypto Twitter today. Last week, 35,000 people attended Bitcoin 2025, including Bitcoin enthusiasts, U.S. senators, White House staff, BlackRock analysts, and even once-imprisoned Silk Road founder Ross Ulbricht. The spot price is well above $100,000, and Bitcoiners are celebrating ‘going mainstream.’ But behind the standing ovations and ETF-fueled price charts lies a quieter truth: Bitcoin is still far from mainstream. Despite a record-setting rally and Wall Street’s growing embrace, only 4 percent of the global population holds any Bitcoin at all. In raw numbers, that’s about 337 million people, half as many as Snapchat users. Even if you include altcoins, we’re still a few hundred million short at 659 million. For all its trillion-dollar promise, Bitcoin remains a fringe tool in a still-developing ecosystem. Bitcoin is still the late-90s internet Compare Bitcoin’s adoption curve to that of the early internet: Metric Bitcoin Internet (1996) Today’s Internet Users / Owners 337 million ~77 million 5.5 billion Global Penetration 4% ~1.4% 68% Bitcoin in 2025 resembles the Internet before email went fully mainstream. It is a place of innovation, but far from ubiquitous. Using your Bitcoin wallet and reading articles like this one is akin to owning an AOL account or installing the latest version of Netscape from a CD attached to a computer magazine. The Las Vegas crowd may feel like the latecomers. Statistically, they’re still early adopters. Internet adoption (source: Our World in Data) Wall Street buys, but Main Street doesn’t use The crypto narrative increasingly hinges on institutional participation. Since the SEC’s ETF approvals in early 2024, over $44 billion has poured into U.S. spot bitcoin ETFs. Pension funds, asset managers, and family offices have all allocated bitcoin as a portfolio hedge. Yet Bitcoin’s everyday utility hasn’t budged. Daily…
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