According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC). This means current investors in BTC are still in an early stage of growth.
Dan Tapiero, the co-founder of 10T Holdings, said Bitcoin is still at the “birth” phase of a new asset class. He wrote:
“It’s still so early for Bitcoin. Still at the birth of a new global asset class.”
In the longer term, Bitcoin has significant growth potential to evolve into an established store of value, like gold….