It's Wild How New Crypto Still is Relative to Adoption
This whole crypto thing has been going on for a bit over a decade and though in crypto years it feels like forever, really it's just a sneeze on a timeline of society.
There's plenty of data showing adoption rates and number of people in crypto, but in this post I'm just going by the eye test.
As in, how active and popular is crypto in everyday society?
By the way, the answer is not as popular as you may think.
Yeah, there is a BTC ticker on CNBC and such leading one to believe crypto has hit the mainstream. When you really put your finger on the pulse that does not seem to be the case.
Personally I think this is a good thing as there remains so much room for growth.
But I digress....most normies I know are still not in crypto.
Meetups and Networking
When it comes to meetups and networking, well I do alot of that for real estate and crypto.
The real estate meetups are general of a good size and see new people adding to the mix each month. And this makes sense, it is a tried and trued where to build wealth investing.
When it comes to crypto though, these meetups ebb and flow. Occasionally you get a good showing, but majority of those people never come back. There is always the small core group that hold it together, but traction still seems to be an issue.
Again, this just shows me how early we are in this new industry. The ease of adoption and use needs to continually increase (which it will) and with that will lead to crypto becoming more intertwined in everyday society.
This all takes times in the end, and as any crypto head knows we live in a state of WENS.
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And in that state of WENS, soon is always in the back of our minds (at least most of us). But the reality seems a bit different.
Indeed!
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Just imagine that the last halving will be 2132. We're just three halvings into the Bitcoin history.
Right, it's crazy.
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And yet genius like Krugman confidently announced that the era of something that has not been adopted yet by the mainstream is now ending. Pathetic.
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I think soon we will see mass adoption and this market will become big and I think this is needed because there are many benefits of big community.
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Even if people heard about crypto, they don't understand any of the layers beneath it, or at least most of the people out here don't. Probably it will be a slow learning curve toward conscious adoption.
Completely agree.
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