From Wall Street watches and casual investors, to digital marketers and ecommerce companies, everyone is keeping an eye on Bitcoin these days and wondering the same thing: will it sink or swim in the years to come.
But according to a new report from Juniper, Bitcoin is bankable for a big future.
A report announced last week by Juniper Research shows that the number of active Bitcoin users worldwide will reach 4.7 million by the end of 2019.
That’s up from just over 1.3 million in 2014.
However, the report, ‘The Future of Cryptocurrency: Bitcoin & Altcoin Impact & Opportunities 2015-2019’ argues that usage will be continue to be dominated by exchange trading, with retail adoption largely restricted to relatively niche demographics.
An insightful whitepaper on this very topic — “Will Bitcoins Bite Back?”– is available to download now from Juniper.