2033 - 256 billion new wallets
Does that mean that in 2033 every bitcoin user will own 2.56 billion wallets? Why would he need that?
It could mean that or it could mean that a population of between 5-10 billion people would have 25-50 wallets per person. As we already know, wallets could be created by organizations or governments or even be attributed to entities that may NOT yet exist (such as a trust that would describe how the bitcoins in the wallet would be distributed upon the triggering of some future event(s)). Personally, as I stated in my previous post, i believe the market would become saturated much before 2033, which would cause considerable slowing down of the growth rate or would cause the model or the growth curve to shift.
I am skeptical but many were also skeptical of Moore's law. If it does happen, I'd be happy for the effect to be named after you.
I appreciate your sense of humor, here.
Really, I was NOT being very original in my 2(x) exponential growth projection. I was merely attempting to illustrate an example of the difference between exponential growth of 2x as compared with the earlier suggestion of linear growth of 11 million wallets per year.
The exponential growth model seems more realistic b/c of the networking effect and the large growth possibilities.
I suspect, however, that any such exponential growth would not follow exactly a 2x pattern, and there may be a sort of exponential growth bell curve - or maybe instead higher exponential growth in the beginning that slowly tapers as it matures, especially tapering when various saturation points are reached.
Nonetheless there could be periods of lower or higher multiples of exponential growth of bitcoin wallets, but for ease of reference, 2x exponential growth works well to illustrate the concept.
--> http://www.youtube.com/watch?v=jCT3-oDJoLo 
