Post
Topic
Board Bitcoin Discussion
Re: What stage of adoption is Crypto currently at?
by
poptok1
on 03/02/2018, 13:51:23 UTC
Just wanted to know where you guys think we are. Are we still in the early adoption stage?

At what stage of the dot com era would you put us at? Dial up lol?

Definitely not. Most people already know what cryptocurrency is. Even my friends at uni are already talking about and have a chat group for it LOL. This is unheard of in 2013. Take a look at this picture



I think we're already at stage 4 — maturity. People who joined recently are considered late majority. One thing, I really hope we don't have to see the decline of cryptocurrency in our lifetime. There are still a lot of things to be developed in crypto, a lot of innovation could be made, so that cycle of adoption could always be renewed/revised.
This infographic is worth little next to zero without at least one real scale reference.
Let's take time factor and add current 10 years as a scale of reference.
We quickly realise that its pointless, this would mean that cryptos are already over, we know this is not true.
Besides two years per stage seem like to small sample ergo bad science.
This is very advanced tech we are talking about here, we have to treat it, just like the computer industry.
Look how many years where needed to achieve 1computer per household (we are not there yet - but close) and correlate this to blockchain in fintech...Now, lets use 100 years scale, this would lead us to 10-20years per phase and now, now its starts look more real, more connected with our reality. We are still in the phase1. or at least that's my opinion.