Re: [2019-03-05] Billionaire Eugene Kaspersky: World Isn’t Ready for Bitcoin Yet
It's either going to get adopted really quickly or it's not going to be adopted at all.
This sentence reminded me of this quote by Satoshi:I'm sure that in 20 years there will either be very large transaction volume or no volume.
Apparently, Satoshi and I share the same opinion on that matter
.I agree that 100 years is too long. Hashrate is increasing. Number of transactions is increasing. Adoption is increasing. As the article goes on to say, Jack Dorsey (CEO of Twitter) thinks there will be a single global currency within 10 years, and it will be bitcoin. I think 10 years is too soon for bitcoin to be a "single global currency", but we will certainly know in 10 years whether it is heading that way, as Satoshi predicted. I suspect it will be.
I feel like bitcoin itself is almost ready for mainstream adoption. But for that to happen we have to throw all our current structures and beliefs out of the window, and I am not sure if the world is quite ready for that just yet. And as Eugene Kaspersky said, it will require a kind of new world order. And this could take decades, perhaps a century as he predicted even though I don't think it will take that long if we are going to see a single global currency.