RE: Bitcoin's looking like she's in the calm before the storm... which way will she go?
This was my calculation of worldwide probable adoption rate based on the Korean petition to the government against banning cryptos:
S. Korea has one of the highest crypto assimilation rate in the general population. They got 218,000 petitions signed. The population is 51.25 million. That means 0.425 % of the population cared enough. Lets assume that is 1/10 of the crypto users.
That still leaves us with a crypto participation rate of 4.25% of the population.
If S. Korea only has 4.25% of the people in cryptos. The world at large has to be no more than half that. And I am estimating large here.
Conclusion: we likely have no more than 2.13% of the world population in cryptos, or better said 97.87% still waiting to come into the space.
THERE IS PLENTY OF ROOM TO GROW