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Looking at other technology adoption curves is interesting and difficult. Bitcoin (the "digital cash" vision) was released in 2009. It didn't register on Google
by kkielhofner 5y ago
Looking at other technology adoption curves is interesting and difficult. Bitcoin (the "digital cash" vision) was released in 2009. It didn't register on Google Trends until 2011. This already isn't a good sign.
Ethereum came along in 2015 and introduced the concept of the Ethereum Virtual Machine and smart contracts. Now "blockchain" is a bona fide platform where people can leverage Ethereum and the underlying blockchain network to build things. Another question - why did it take six years for blockchain technology to progress from digital cash to platform?
Now seven years after that even when combining digital cash (payments), "store of value"/gambling (trading, speculation), and all things smart contract (NFTs, DAO, ENS, microlending, etc) there are still at best 100 million total users for all of these use cases combined.