Post
Topic
Board Economics
Re: "Crypto is no longer in the early adoption stage"
by
Sithara007
on 17/09/2021, 05:43:16 UTC
Lots of things have happened for years and the improvement and development of Bitcoin as a currency is too visible and I must agree that it isn't in the early adoption period anymore. Some countries are now adopting it as an alternative and digital currency and are being used in digital transactions which only means that it has passed the tests of time so it's already on the higher step pf adoption period.

There is no doubt that a lot of things have happened during the last few years w.r.t. Bitcoin. But that doesn't mean that we have passed the early adoption stage. IMO, we will progress to the next stage, when multiple countries adopt Bitcoin as the legal tender. And from what I can see, we are at some distance from that. And the number of active users still represent a minute fraction of the world population. I have seen claims like there are tens (if not hundreds) of millions of Bitcoin users. But how many of them are active users?