Mass Crypto Adoption – why we’re not there…yet

5 min read

A few weeks ago, the Coinbase CEO Brian Armstrong predicted that a whopping 1 billion people will be using cryptocurrencies in the next five years. If his prediction materializes, it would mean that we will have 25 times more users of digital currencies than the estimated 40 million we have at present. Given the potentially enormous upside for Armstrong and his company, it should perhaps come as no surprise that the head of one of the world’s foremost crypto vendors has made such a bullish pronouncement. Nevertheless, Armstrong seems resolute in his justification, believing that “Every open source project, every…...

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Shashank Pattekar Financial markets professional turned FinTech enthusiast, Shashank has a passion for exploring the possibilities of disruption in this new, tech-informed era of finance. After several years working in London's financial services sector, including stints with investment banks Goldman Sachs and Merrill Lynch, he opted in 2013 to switch to a more location-independent career. In the process, he developed a keen interest in writing about contemporary subjects including FinTech and blockchain, alongside more traditional topics related to finance, economics and current affairs. Shashank has also been an advisor to a new London FinTech firm, and has worked on a number of global blockchain projects, mainly in financial, marketing and advisory capacities. Shashank can be reached at shashank@datadriveninvestor.com

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