The comparison between crypto and the internet's rise is apt. Both witnessed initial pronouncements of being "the future." While the internet undeniably exploded in the 2000s
[1], its true impact came when everyday services like texting and news searches emerged, solidifying its position as the present. Crypto, like the early internet, faces a similar trajectory.
Fast forward from "Crypto is the future" narratives of 2017, and we see significant progress:
- Dozens of companies accept Bitcoin payments[2].
- Major corporations and investment funds hold Bitcoin[3].
- Governments are exploring Bitcoin, with El Salvador even adopting it as legal tender[4].
These developments arguably surpass the level of internet adoption in the early 2000s. This begs the question:
Are we already in the "crypto era"?Instead of framing crypto as solely "the future," perhaps it's more accurate to say it's "becoming increasingly present". It's no longer a futuristic concept but a budding reality actively influencing various sectors.
And you, what do you think, please share your views:
- Do you think we have reached the crypto era?
- You think crypto is the future, or crypto is the present?
- If crypto is the future, when will that future come?
References:[1]
Internet vs Crypto Adoption: How Do Their Adoption Curves Compare?[2]
Who Accepts Bitcoin as Payment?[3]
Bitcoin Treasuries[4]
El Salvador Just Became The First Country To Accept Bitcoin As Legal Tender