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].
- Investment funds have BTC Spot ETF products, major corporations 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?
Certainly I think we have reached the cryptocurrency era. Because we have started using almost everything through cryptocurrency, starting from the internet, we have everything now in our hands, then we can easily say that we have reached the cryptocurrency era. Also I think crypto has both present and future we are currently investing in crypto currency of course for future good plans. If there was no future for cryptocurrencies then we would never have invested in cryptocurrencies for the future, we are investing in cryptocurrencies because there is a future.