Bitcoin's Billion-User Future: Coinbase CEO Predicts Explosive Adoption

Bitcoin Adoption Set to Explode by the Billions in 2030, Says Coinbase CEO Brian Armstrong

Coinbase CEO Brian Armstrong has expressed confidence in the rapid adoption of Bitcoin, predicting that the cryptocurrency could have billions of users by 2030. Armstrong's optimism is grounded in a study by BlackRock, which shows that the pace of Bitcoin adoption is outpacing that of mobile phones and the Internet.

Armstrong stated, "Bitcoin adoption should get to several billion people by 2030 at current rates," in a post on X. The Coinbase boss made this prediction after analyzing the statistics released by BlackRock, which highlight the swift growth of Bitcoin's user base compared to other technologies.

The BlackRock study, released in January 2025, emphasizes the increasing relevance of Bitcoin and suggests that the general public is shifting towards cryptocurrencies due to a loss of trust in traditional financial institutions. According to the study, Bitcoin has reached 300 million users in just 12 years, which is 43% faster than mobile phones and 20% faster than the Internet.

However, not everyone agrees with the BlackRock study. One crypto trader, Victor, questioned the definition of a "user" in the context of the study. He argued that the number of addresses might not accurately represent the number of active users, as many addresses remain dormant and one person can have multiple addresses. Additionally, Victor pointed out that Bitcoin's transaction volume is relatively low compared to other payment networks like VISA.

Despite these differing opinions, the potential for widespread Bitcoin adoption remains a topic of interest and debate in the cryptocurrency community. As the technology continues to evolve and gain acceptance, the possibility of billions of users by 2030 is a tantalizing prospect for many enthusiasts.