Nobl Insurance Predicts Mass Adoption of Crypto is just Around the Corner With 1 in 10 Crypto Owners in the U.S. By 2020
- With 1 in 10 crypto owners in the U.S., by 2020 ownership will reach the tipping point that leads to mass adoption
- 1 in 5 U.S. millennials will hold cryptocurrency by 2021
- Stellar rise of IoT devices will pose the biggest security risk by 2025
- By 2030 70% of Americans will own cryptocurrency—the same levels of adoption as credit cards
- Banks who scorned digital currencies will embrace them
DETROIT, Dec. 4, 2019 /PRNewswire/ -- Hardly a day goes by without a new tweet, post, article or opinion piece either announcing the imminent death of crypto or hailing its brave new dawn. We believe it's time for a cool, hard look at where the industry has gotten to so far, and a gaze into some of the possible worlds that lie ahead. nobl's research analysts and innovation team have come up with the top predictions for 2020 and beyond, based on current developments in the world of digital currency.
Commentating on the report, Greg Wixted, Chief Innovation Officer at nobl says:"Our accurate telephone based research predicts that crypto ownership in the U.S. will top the 25 million mark by the end of 2020, meaning that 1 in 10 Americans will be crypto owners." He continues: This is significant because scientists at the Rensselaer Polytechnic Institute in New York have discovered that when just 10% of the population holds an unshakable belief, this belief will always be adopted by the majority of society. So, we believe this will be the most exciting year for crypto yet, the year where we finally reach the tipping point that leads to mass adoption of crypto currency."
CRYPTO MASS ADOPTION IS AROUND THE CORNER
OWNERSHIP IS SKYROCKETING
Multiple research sources all point to the same conclusion that ownership of crypto currencies is accelerating in the U.S. Finder, an Australian-owned comparison site, predicts that the number of American crypto holders has almost doubled, from 7.95% in 2018 to 14.4% in 2019, an increase of 81% in just 12 months. YouGov, the popular online pollster, supports this with a figure of 14.5%.
1 IN 10 AMERICANS WILL OWN CRYPTOCURRENCY IN 2020—TIPPING THE MARKET INTO MASS ADOPTION
At nobl we have commissioned accurate telephone-based research that suggests crypto ownership in the U.S. will top the 25 million mark by the end of 2020, meaning that 1 in 10 Americans will be crypto owners. Research from scientists at the Rensselaer Polytechnic Institute in New York has discovered that when just 10% of the population holds a firmly held belief, this belief will spread until it is adopted by the majority of the society. This would indicate that the magical 10% level will finally be the moment when crypto moves to mass adoption