Post
Topic
Board Economics
Re: Bitcoin adoption slowing; Coinbase + Bitpay is enough to make Bitcoin a fiat
by
rograz
on 04/08/2014, 05:27:36 UTC
He has heard of Bitcoin and was thinking about doing mining in his home. He agrees Bitcoin hasn't spread as much in 5 years as the smartphone did.
An interesting but I'm not so sure it is fair to compare Bitcoins growth over the last five years to the growth of the smartphone.  The smartphone is being backed/produced by major companies with extremely deep pockets for one.  Bitcoin is grass roots and mainly depends on word to mouth forms of advertisements.  Expecting the same results as far as growth doesn't seem fair. 

The "smartphone" era is far away in the future for crypto, we have barely evolved away from this