Personally, i think we’ve done enough when it comes to crypto adoption. I mean i think currently we don’t need to onboard more people into the crypto space at this point. I know the industry is ever-growing and there’s already a solid user base actively participating.

I got to know this social network ZORA, which i saw on Binance and Bitget that claims to reward users with crypto tokens and honestly, i don’t really understand why a social media network would tokenize it content with the aim of crypto adoption.

It got me thinking about its reason behind handing out tokens to drive more adoption, especially when the main purpose of that adoption is not really aligned. I’ve noticed the more people we bring into the space, the more diluted it becomes as most of the new users are  into crypto to explore memecoins, hoping for quick profits without knowing the risks that come with it. Some don’t even know how to trade to the extent of understanding the ecosystem. They are just here for the hypes.

I think instead of pushing adoption through social platforms, it would be better if governments and more institutional investors begin to accept crypto as this will increase market stability and bring in more liquidity. It’s not about growing numbers anymore, we should maintain the quality of the space.

I’m curious though, what is your opinion about this ?