Post
Topic
Board Altcoin Discussion
Topic OP
Crypto is not the future, it is the present
by
Vincom
on 25/02/2024, 02:00:51 UTC
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