Why Internet Growth Is a Prime Cryptocurrency-Adoption Driver
Cointelegraph
Published Mar 26, 2020 11:10AM ET
Updated Mar 26, 2020 12:40PM ET
As we enter the start of a new decade, the number of internet users has reached a truly astonishing level: Almost 4.5 billion people were active users as of January, encompassing 59% of the global population. With its growing influence on individual consumers and large economies alike, the internet has become a crucial part of our day-to-day lives. Moreover, acceptance of the World Wide Web is growing faster than ever with the rise of mobile technology. Many studies reveal to us an exciting revelation: The development of the web is driving acceptance of cryptocurrency.
The speed of internet adoption is growing fast. According to estimates compiled by Statista, mobile data traffic worldwide is on pace to surpass 77 exabytes per month by 2022, up from 11.5 exabytes per month in 2017.
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Written By: Cointelegraph
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