Post
Topic
Board Economics
Re: "Crypto is no longer in the early adoption stage"
by
goldade
on 19/08/2021, 17:42:49 UTC
The cryptocurrency industry started with the launch of Bitcoin in 2009 and then flourished in the following years with various assets and blockchain-based solutions. According to Stephen Stonberg, CEO of Bittrex Global, this is no longer in its infancy.
“I think we’re already past the stage of crypto early adoption,” Stonberg told Cointelegraph adding:
“Crypto has now gone mainstream. We have double-digit percentage adoption in both developed and developing countries. We even have Bitcoin adopted as legal tender in a country and many other countries are considering adopting Bitcoin as legal tender.”
Bitcoin has also become a very common investment, as a number of large companies such as Microstrategy have invested in these assets.


Source: https://cointelegraph.com/news/crypto-is-no-longer-in-the-early-adoption-stage-bittrex-global-ceo-says

Of course, you definitely do not expect the adoption not to grow even after more than a decade. Personally, I do believe that even though we still have a long way to go in the adoption of  bitcoin and blockchain at large by everyone in the mainstream world, the adoption of bitcoin is no longer in its infancy.
Quite a lot of companies have adopted bitcoin which helps to boost its adoption in the mainstream world. The mere fact that a country adopted bitcoin as its legal tender shows that bitcoin has come to stay and it wouldn't be long before bitcoin becomes the legal tender for every country