Adoption started slow, but has ramped up with the passage of time.
With the recent influx of mainstream financial players into the blockchain space, how long will it take for corporate allocation of Bitcoin to become the norm? Brian Estes, founder of investment firm Off The Chain Capital, thinks 10 years.
"I think in 2029, 2030, when 90% of US households and people in the United States use cryptocurrency and Bitcoin, then I think it becomes a stable part of the economy, and not just the US economy, but I think the world economy," Estes told Cointelegraph in an interview.
Estes' rationale is based on analysis of the S-curve, a common graphical image depicting the speed and process of adoption for new technologies.