Bitcoin class adoption has become the following at year 12:
- Poor man's currency
How has bitcoin become a poor man's currency ? Explain !
- Wealthy man's dangerously appealing new asset class
The wealthy are buying because they know bitcoin's potential and that it could be worth lot more in the future.
- Middle class man's not very much. Middle class in developed countries have way better medium of exchanges (or are at least viewed as such), and middle class in developed countries aren't going to pay $6,000 for 1/10th of something, or $600 for 1/100th of something.
That's what you think but that is not the case. People from all the countries are buying bitcoin from as low as a few dollars to thousands of dollars worth bitcoins.
Overall adoption grade: B-
Discuss.
If there was really a reporting tool for bitcoin then it would definitely get A or A+
Bitcoin has given our more returns than any other asset.