In 10 years, about 1 billion people will regularly use cryptocurrencies in their daily life. This optimistic prediction was made by Brian Armstrong, head of Coinbase, a cryptocurrency exchange, who spoke the day before at the Milken Institute conference.

Despite the rate hikes, the number of users of digital assets around the world, especially in the United States, is steadily increasing, he said. It will take 10 to 20 years for today's 200 million cryptocurrency holders to become a billion, Armstrong said. In addition to a fivefold increase in the number of users, he predicted that by then a significant share of GDP will be in the crypto-economy.

The specialist noted that the adoption of digital assets in the U.S. is currently growing at an inexorable pace. Among other U.S. states, the District of Columbia stands out. There, as Armstrong pointed out, there are fewer and fewer who skeptical about cryptocurrencies. Today, less than half of the population is.

Professionals consider the forecast of the CEO of the Coinbase exchange to be quite justified. They recalled that in the first half of 2021 alone, the number of users coming into the crypto industry more than doubled. At the same time, experts point out that such popularity of crypto-assets could have been
to the record rate of growth.