The potential number of users of cryptocurrencies can grow 60 times. This was stated by the technical Director cryptocurrency exchanges Coinbase Balaji Srinivasan.

About 8% of Americans hold crypto and probably <1% of the world. By contrast, about 63% of world adults own smartphones. So that's >60X growth remaining for crypto in terms of userbase size. It’s all just getting started.



— Balaji S. Srinivasan (@balajis) 11 Jul 2018

He wrote on Twitter that, according to research by Finder, only 8% of Americans own cryptocurrency, while in the world, the figure is below 1%. However, Balaji Srinivasan added that more than 63% of the adult population has a smartphone.

“On this basis we can expect a 60-fold increase in user base of crypto-currencies. Everything is just beginning”, — concluded CTO Coinbase.

Note, the Finder study among 2,000 Americans showed that nearly 8% of them are willing to buy cryptocurrency in the near future. Most agreed that it is not ready to do it due to the lack of need for digital currencies, high risk of fraud and understand the complexity of the issue.

We will remind, according to the study LendEDU, bitcoin, Ethereum and Litecoin are the most popular cryptocurrency among the Millennials.