Willy Woo, a highly regarded Bitcoin and cryptocurrency researcher, recently revealed that the number of Bitcoin users approximately doubles every 12 months
Utilizing Google Trends as one of the main indicators of Bitcoin user growth, Woo formed the following infographic to demonstrate the exponential growth rate of the Bitcoin userbase.
More importantly, Woo emphasized that through a steady growth rate and periodic peaks which usually depend on the price trend of Bitcoin, the Bitcoin network will continue to demonstrate a consistent increase in user base in the long run.
Source/More: Woo’s Law: Bitcoin Users Double Every 12 Months; Major Factor For Long-Term Price Surge?
