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The Pomp Podcast

#998 Will Clemente & Mitch Askew On How Bitcoin’s Adoption Is Just Getting Started

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 11 June 2022

⏱️ 36 minutes

🧾️ Download transcript

Summary

Will Clemente and Mitch Askew are from Blockware Solutions. This past week, they released the "Bitcoin User Adoption Report" to give an update on user adoption on the network today, and where we are headed from here. In this conversation, we break down the report. Will and Mitch compare previous technological adoption curves, explain why we are still so early, and tell us how Bitcoin will reach 10% worldwide adoption by 2030. ======================= BCB Group is the leading payment services partner for the digital assets industry. BCB Group provides payment services in 30+ currencies, FX, cryptocurrency liquidity, digital asset custody and BLINC, which is BCB’s free, instant settlements network for the BCB client ecosystem. Find out more by visiting bcbgroup.com/pomp ======================= The number one name in NFT domains and the world’s most powerful wallet are teaming up to bring something new to the crypto and Web3 world: That’s right, Unstoppable Domains and Blockchain.com partnered to create NFT domain names ending in .Blockchain. It’s the perfect ending to show that you’re a believer in a decentralized future. The Blockchain.com community can get one, for free by signing up for the waitlist here. Free NFT domains provide all the benefits of premium Unstoppable Domains, including fee-free, lifelong ownership. Don’t have a Blockchain.com wallet? No worries, these new domains are available to everyone for as low as $5. Either sign up for a free blockchain.wallet or visit Unstoppabledomains.com to buy your domain today. ======================= Crypto is all about giving the power back to the people and our sponsor, Pipe, is doing that in a big way. Pipe is the world’s first trading platform that allows you to trade recurring revenue streams for up-front capital. And with Pipe’s new API, companies with recurring revenue can build seamless, embedded financing options into their platforms. One of the most interesting uses for Pipe’s new API right now is Compass Mining’s “Mine Now, Pay Later” which powers payment plans on bitcoin mining hardware so more miners can start or scale with a smaller up-front investment. Whether you’re looking for mining hardware or scaling any business with recurring revenue, check out Pipe to access growth capital with: No loans. No dilution. No restrictive covenants or warrants. Just growth on your terms And right now, Pomp Podcast listeners can access tens of thousands of dollars even millions fee-free for 12 months. Whether you are a bitcoin mining company looking to enable financing for your customers or a SaaS, DTC, or any business that has recurring revenue, sign up at http://pipe.com/pomp to start trading today. =======================

Transcript

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0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp

0:07.4

podcast, simply the best podcast out there. Now let's kick this thing off. Will Clemente and Mitch

0:13.5

ask you are from Blockware Solutions. They recently put out a brand new Bitcoin user adoption report.

0:18.7

It's fantastic. In this episode, we talk about the growth

0:21.7

rate of Bitcoin, the historical technology adoption cycles, and much more. I really enjoyed

0:27.5

this conversation with Will and Mitch, and I hope that you guys enjoy it as well. Before we

0:31.9

get into this episode, though, I first want to talk about our sponsors. This episode is brought to you

0:35.8

by BCB Group. With a dedicated

0:37.5

focus on institutional payment services, BCB Group provides business banking, cryptocurrency,

0:41.7

and foreign exchange market liquidity for many of the world's largest crypto-engaged financial

0:45.5

institutions. BCB business accounts allow businesses to load fiat currency and cryptocurrencies for payments,

0:51.5

operations, and trading purposes. BCB's clients can trade FX and cryptocurrencies quickly and at scale with market-leading value.

0:59.6

BCB's blink network is the European crypto industry's first instance settlements network and

1:04.3

one of the first real-time payment networks of its kind to allow free real-time transactions

1:08.3

across fiat and digital currencies.

1:10.9

BCB's vision is to empower the global financial revolution through sustainable and innovative banking.

1:15.8

You can find out more by visiting BCBgroup.com slash pomp today.

1:19.8

Again, if you want to learn more, go to BCBgroup.com slash pomp today.

1:24.4

This episode is brought to you by Unstoppable Domains.

1:26.8

They recently launched an awesome feature to level up by Unstoppable Domains. They recently launched an

1:27.8

awesome feature to level up your Unstoppable Domains profile. It's called badges. They translate

1:32.5

wallet activity into achievements, so celebrating, reliving, and sharing your crypto story has

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