Most Important Bitcoin Chart EVER! (Patreon)
Content
The chart you sent shows the percentage of the population using Bitcoin and the annual Bitcoin supply increase. The chart starts in 2010 and goes to 2103.
Percentage of population using Bitcoin
The percentage of the population using Bitcoin has been steadily increasing since 2013. In 2013, only 0.001% of the population was using Bitcoin. By 2023, that number had increased to approx 1%. The chart projects that by 2060, 90% of the population will be using Bitcoin.
Annual Bitcoin supply increase
The annual Bitcoin supply increase is a measure of how many new Bitcoins are created each year. The Bitcoin supply is capped at 21 million coins, so the supply increase will eventually slow. By 2063, the annual Bitcoin supply increase will be basically zero.
We Are Here
We have not even begun S Curve Adoption and price is over $40K!
Overall trends
The chart shows that Bitcoin adoption is expected to continue to grow in the coming years. As Bitcoin adoption grows, the supply of new Bitcoins will decrease. This will lead to an incredible increase in the price of Bitcoin.
h/t to Sanjay for sharing the amazing pic.