I don't get his reasoning, he main critique is that bitcoin penetration/usage is way lower than "previously thought" or how the community makes it look like. I agree with that, but what does this say about possible future developments? if anything, I'd say "oh great, so I'm even more early adopter than I thought" or "there is way more room for growth than previously thought".
At least future development got a clear degree of uncertainty. I really loathe the desillusional people here that sometimes seem to only live in their own dreamworld. Almost everyday I see the same bullshit statement passing by: 'Adoption is ever increasing and....'. I really ask myself if the idiots that bring that shit to these boards tell that to themselves each and every day before they go to sleep, thinking about their 800 dollar+ coins. Whenever there is some lame announcement about some new Bitcoin venture, people immediatly grasp the opportunity to implictly proclaim that market adoption has just doubled again.
I know better and so do many others here; if they will admit it is a second. When I read the media regarding Bitcoin, it is mostly (if not nearly exclusively) bad news. When I look around me I literally see no one using Bitcoin out of dozens of people I know. Above all I know for sure that many of them will never start using it, as they want to avoid risk. The adoption myth will slowly deflate itself in the mid term.
Looks like pretty strong growth in usage to me:
