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Let me guess. "It's still early". No it's not. "Still early" is the laggard's cope. We are in late stage of adoption, entire countries (El Salvador) have adopte
by bulbosaur123 5y ago
Let me guess. "It's still early". No it's not. "Still early" is the laggard's cope. We are in late stage of adoption, entire countries (El Salvador) have adopted Bitcoin, to what effect is up for discussion. One thing is clear, it's no longer "early".
- maupin 5y agoMaybe not early, but saying that we are in the "late stages of adoption" is laughable.
- whymauri 5y agoThis might get me crucified on HN, since many here are from developed countries, but I would argue we're just cresting the hill of late stage adoption for the Internet. Like, 40% of the world still does not have Internet!
- thallium205 5y agoThose folks aren't going to push the needle in any meaningful way.
- whymauri 5y agoI disagree. This will be one of Silicon Valley's missed opportunities. Anyone who unlocks the potential of those users and of developing economies has the potential to create immense value. By the way, my point is not that they will contribute to crypto, but rather that their integration into the Internet ecosystem will require new technologies, new platforms, and new solutions to social problems so far divorced from what SV is used to dealing with... that there will be a market and a need for platforms and technology in those regions/demographics. To ignore that is to ignore billions, potentially trillions, of dollars of value.