Every new technology follows an adoption S curve.

Bitcoin has 40m unique addresses, that’s 0.5% global adoption.

We’re just getting started, hyper-bitcoinisation is only a matter of time.

You can fight technology like the old man yelling at the cloud, or you can embrace it and start building.

What are you gonna do?

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If you build it I will come ….

It’s actually way lower than that. Don’t know anyone that only has 1 address.

But then you'll have exchange users that don't have addresses. So it's a rough estimate

If you don’t have any addresses that’s not adoption since they aren’t actually using bitcoin. And one bitcoiner could have tens, or hundreds of addresses. My point is it’s probably a tenth of that for global adoption.

This is bullish.

Since it’s common practice to use a new address every time you receive, it’s not the best metric for users, xpub would be better but a users could have multiple xpubs as well.

Good point... 😂