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Ex-Goldman Sachs executive predicted the number of cryptocurrency users to grow to 1.2 billion

  • Raul Pal’s predictions are based on a comparison of the timeline of the spread of the internet and cryptocurrencies over the first 10 years.
  • He predicts that by December 2025, the number of crypto market participants will increase to 1.2 billion.
  • In addition, Pal foresees the spread of CBDC and NFT.

Raul Pal, a former Goldman Sachs executive, believes that the number of cryptocurrency users in the world will exceed one billion. Pal, who at the time of writing is CEO of Real Vision and Global Macro Investor, posted a graph on his X (formerly Twitter) comparing the proliferation of the internet and cryptocurrencies over their first ten years.

The proliferation of the internet and cryptocurrencies in their first ten years

Based on this, he suggested that the number of users of digital assets could reach 1.2 billion by December 2025.

“I’ve been using this graph for a few years now at Global Macro Investor (GMI)… it hits exactly the right target. Cryptocurrency adoption is inevitable. Cryptocurrency is likely to exceed the 43% internet penetration rate in the next three years,” the former Goldman Sachs executive said in a note.

Pahl said the number of cryptocurrency users worldwide could grow to 5.1 billion by 2030. He believes that the growing popularity of digital assets will facilitate the introduction of central bank digital currencies and the expansion of the NFT market.

In July 2022, experts from Boston Consulting Group published a report in which they predicted that the total number of digital asset owners could exceed 1 billion by 2030.

We recall that in July 2022, experts from the Boston Consulting Group published a report in which they predicted that the total number of digital asset owners could exceed 1 billion by 2030.