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> Now imagine if tomorrow Microsoft decided to add a crypto wallet and mining tools to Windows, or Google to Chrome. People keep saying this as if crypto isn't

> Now imagine if tomorrow Microsoft decided to add a crypto wallet and mining tools to Windows, or Google to Chrome. People keep saying this as if crypto isn't already mainstream. Exchanges have hundreds of millions of customers. A significant portion of the world has traded crypto. And 99.99% aren't doing anything else with it but speculate. It's not as if magically bundling a wallet on millions of machines will suddenly cause a bunch of usecases to materialize.

jdavis703 5y ago
What exchange has 100 million users? Coinbase has 6 million users. Even the largest banks barely crack that count. For example, Bank of America only has 46 million customers.
- qeternity 5y ago
  What are you talking about? Coinbase’s about page lists “73+ million verified users”. I never said that any single exchange has over hundred million, but rather exchanges combined have hundreds of millions.
mlinksva 5y ago
Brave is already doing the wallet part, analogous to "Google to Chrome". I wonder what proportion of users are actually using the wallet.
petee 5y ago
Last stats i just saw pegged the world wide number around 100 million. Lets be generous and say 500 million, versus 7.9 billion world pop puts you at a generous 6%, not exactly mainstream. (pdf) https://assets.ctfassets.net/hfgyig42jimx/5u8QqK4lqjEgL506mOx4m3/d44d8e204aecfc75a839e2a9d505f5d1/Crypto.com_Data_Report_-_On-chain_Market_Sizing.pdf https://assets.ctfassets.net/hfgyig42jimx/5u8QqK4lqjEgL506mO... https://markets.businessinsider.com/news/currencies/crypto-users-pass-100-million-boomers-gen-x-bitcoin-btc-ethereum-2021-2 https://markets.businessinsider.com/news/currencies/crypto-u...
- qeternity 5y ago
  This is based on on-chain data. A huge number of people never actually interact with the underlying chains of the tokens they trade (which is my entire point). The article you link to notes this. But 100m people isn’t mainstream? Coinbase has 73m (mostly American) customers itself, and undoubtedly there are many many more who know of Coinbase but aren’t customers. The Super Bowl commands fewer than 100m viewers. Crypto companies are sponsoring sports teams and stadiums. Matt Damon is doing commercials for them. You don’t think that’s mainstream?
  - petee 5y ago
    So there is no data for off-chain, so nobody knows? In the world, no 100m is not mainstream, particularly by its definition, "the ideas, attitudes, or activities that are regarded as normal or conventional; the dominant trend in opinion, fashion, or the arts." Crypto is not normal or conventional yet, traditional money is still dominant; its more a curiosity. You make a good argument about the superbowl, but parallel your first sentence - viewership was only at the time of, and doesn't account for people present or who watched at a later date (ie., many). It's also been around for decades as part of American culture, maybe crypto will do this eventually. I don't see statistics for coinbase by country, but 73m is their total userbase.

jdavis703 5y ago

What exchange has 100 million users? Coinbase has 6 million users. Even the largest banks barely crack that count. For example, Bank of America only has 46 million customers.

qeternity 5y ago
What are you talking about? Coinbase’s about page lists “73+ million verified users”. I never said that any single exchange has over hundred million, but rather exchanges combined have hundreds of millions.

mlinksva 5y ago

Brave is already doing the wallet part, analogous to "Google to Chrome". I wonder what proportion of users are actually using the wallet.

petee 5y ago

Last stats i just saw pegged the world wide number around 100 million. Lets be generous and say 500 million, versus 7.9 billion world pop puts you at a generous 6%, not exactly mainstream. (pdf) https://assets.ctfassets.net/hfgyig42jimx/5u8QqK4lqjEgL506mOx4m3/d44d8e204aecfc75a839e2a9d505f5d1/Crypto.com_Data_Report_-_On-chain_Market_Sizing.pdf https://assets.ctfassets.net/hfgyig42jimx/5u8QqK4lqjEgL506mO... https://markets.businessinsider.com/news/currencies/crypto-users-pass-100-million-boomers-gen-x-bitcoin-btc-ethereum-2021-2 https://markets.businessinsider.com/news/currencies/crypto-u...

qeternity 5y ago
This is based on on-chain data. A huge number of people never actually interact with the underlying chains of the tokens they trade (which is my entire point). The article you link to notes this. But 100m people isn’t mainstream? Coinbase has 73m (mostly American) customers itself, and undoubtedly there are many many more who know of Coinbase but aren’t customers. The Super Bowl commands fewer than 100m viewers. Crypto companies are sponsoring sports teams and stadiums. Matt Damon is doing commercials for them. You don’t think that’s mainstream?
- petee 5y ago
  So there is no data for off-chain, so nobody knows? In the world, no 100m is not mainstream, particularly by its definition, "the ideas, attitudes, or activities that are regarded as normal or conventional; the dominant trend in opinion, fashion, or the arts." Crypto is not normal or conventional yet, traditional money is still dominant; its more a curiosity. You make a good argument about the superbowl, but parallel your first sentence - viewership was only at the time of, and doesn't account for people present or who watched at a later date (ie., many). It's also been around for decades as part of American culture, maybe crypto will do this eventually. I don't see statistics for coinbase by country, but 73m is their total userbase.