Crypto’s 2030 User Revolution: A $100T Market Imminent?
The cryptocurrency market’s trajectory has long been framed as a disruptive force, but Raoul Pal’s audacious forecast—a 4 billion user base and $100 trillion market cap by 2030—has ignited fierce debate. To assess its credibility, we must dissect the interplay of adoption dynamics, macroeconomic tailwinds, and structural critiques.
The Adoption Argument: Faster Than the Internet?
Pal’s core thesis hinges on a stark comparison to the internet’s early growth. From 1990 to 2000, internet users expanded at a 76% annual rate, reaching 187 million [1]. By contrast, crypto wallets grew at 137% annually from 2015 to 2024, hitting 659 million users [1]. Extrapolating this pace, Pal projects 4 billion users by 2030, a figure he…