Crypto Adoption: We're Just Getting Started!

[Yinkcrypt]

Think back to 1997 - the internet's early days. That's where crypto is now. There's tons of room for growth! What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

[rdluffy]

At least in my opinion, we're already at an intermediate stage

The internet today is used for almost everything, even if the person isn't using it directly, they still depend on some services that need the internet
I don't know if this will be the case with cryptos, I have certain doubts.
But I believe that the future will be good for good projects, and that in the future only projects that are really useful will remain

Just as it was with the .com bubble

[Lucius]

I personally have never liked it when the internet is compared to cryptocurrencies, and the reason is actually very simple if you think about it.

Compared to cryptocurrencies, the internet is something that has proven to be one of the top technological advances that has incredibly changed the way people communicate, do business or simply have fun. People have not only accepted it, but unfortunately have become too dependent on it to the extent that they cannot imagine life without the internet.

Another important fact is that using the internet is quite simple, especially today when all you need is a smartphone and a mobile or Wi-Fi connection and you have access to everything you are interested in.

On the other hand, in general, cryptocurrencies do not represent any global need that people strive for, but it is more or less reduced to the fact that most people experience them as an instrument for quick earnings. However, the relatively small involvement on a global level shows that perhaps only about 5% of people show inclinations towards such investments, and that far fewer consider that crypto has the function of currency.

Comparing crypto and the internet therefore makes very little or no sense, because they are completely different technologies - and most cryptocurrencies are meaningless and purposeless anyway, no matter how persistently some ignore it.

[0t3p0t]

Think back to 1997 - the internet's early days. That's where crypto is now. There's tons of room for growth! What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

Internet is where people find job while in crypto that is where people find profit so if you think crypto is faster that the growth of internet back then I think that is the reason behind it more and more are interested in crypto because they are ahving the specific goal financial freedom which most of us are longing but you can't say internet is lagging because it also is improving.

[luckyledger]

Think back to 1997 - the internet's early days. That's where crypto is now. There's tons of room for growth! What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

Internet is where people find job while in crypto that is where people find profit so if you think crypto is faster that the growth of internet back then I think that is the reason behind it more and more are interested in crypto because they are ahving the specific goal financial freedom which most of us are longing but you can't say internet is lagging because it also is improving.

Crypto is a new Klondike of different innovations coming up and spheres to discover/improve, so, for now, not - that - many people are in it like using the Internet, but I think the more time passes, the more the crypto becomes known.

[bitmover]

Think back to 1997 - the internet's early days. That's where crypto is now. There's tons of room for growth! What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

I don't think crypto is still in so early stages anymore

I am here since 2017, and I can say things changed a lot. And 2017 wasn't that early, as 2013-2015 things were way different than 2017.

We have ETF, web3 is already largely used for transactions and mini games, etc

Don't expect 50x return in big crypto anymore..

[luckyledger]

Think back to 1997 - the internet's early days. That's where crypto is now. There's tons of room for growth! What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

I don't think crypto is still in so early stages anymore

I am here since 2017, and I can say things changed a lot. And 2017 wasn't that early, as 2013-2015 things were way different than 2017.

We have ETF, web3 is already largely used for transactions and mini games, etc

Don't expect 50x return in big crypto anymore..

Only on memes gambling on speculations..Alas, that's not a way to go if you want to play by the rules, per se.

[Stompix]

Think back to 1997 - the internet's early days. That's where crypto is now. There's tons of room for growth! What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

That's not the early days for the internet, move it to maybe 60-70, by 1997 20% of the household in the US had access to the internet, despite the random blogs posts and crypto authors trying to hype up numbers we're nowhere near that number and for sure we won't double in 5 years.
Also, you should compare crypto to something that exists virtually only, so more like Paypal or Facebook or TiTok, and if we compare it the adoption seriously lacks!

[royalRitta]

Think back to 1997 - the internet's early days. That's where crypto is now. There's tons of room for growth! What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

That's not the early days for the internet, move it to maybe 60-70, by 1997 20% of the household in the US had access to the internet, despite the random blogs posts and crypto authors trying to hype up numbers we're nowhere near that number and for sure we won't double in 5 years.
Also, you should compare crypto to something that exists virtually only, so more like Paypal or Facebook or TiTok, and if we compare it the adoption seriously lacks!

I think as more time passes, the more crypto will be engraved into things we usually would do without it around us. At least govs think about the reserves in the shape of CDBC, so what would be next?
First, it was those who just believed in it, then it was big institutions, now it's the govs around the world thinking about it, afterward - mass adoption, I see it that way.

[Stompix]

~

I think as more time passes, the more crypto will be engraved into things we usually would do without it around us.

Like what? And more importantly, why?
Why would you even need crypto in the things around you in the first place?
99% of the cryptos are there are tokens trying to fix problems that traditional things already do better, and it's all just a money grab!

I don't need a token to call a cab, I don't need to tokenize my dog, I don't need an NFT for my holiday pictures, and so on!

[Gposas]

I personally have never liked it when the internet is compared to cryptocurrencies, and the reason is actually very simple if you think about it.

Compared to cryptocurrencies, the internet is something that has proven to be one of the top technological advances that has incredibly changed the way people communicate, do business or simply have fun. People have not only accepted it, but unfortunately have become too dependent on it to the extent that they cannot imagine life without the internet.

Another important fact is that using the internet is quite simple, especially today when all you need is a smartphone and a mobile or Wi-Fi connection and you have access to everything you are interested in.

On the other hand, in general, cryptocurrencies do not represent any global need that people strive for, but it is more or less reduced to the fact that most people experience them as an instrument for quick earnings. However, the relatively small involvement on a global level shows that perhaps only about 5% of people show inclinations towards such investments, and that far fewer consider that crypto has the function of currency.

Comparing crypto and the internet therefore makes very little or no sense, because they are completely different technologies - and most cryptocurrencies are meaningless and purposeless anyway, no matter how persistently some ignore it.

I agree with your thoughts, It is quite obvious that these are two different advancement entirely and are likely incomparable to my little knowledge.
The Internet is a great technological advancement in the human cradle more like the foundation and umbrella, almost driving to that which Humans can no longer do without since it now has a great link to human life.
As of Crypto, it is obvious it started having an uprising from around 2011 if I'm not mistaking by BTC and others. Not all humans are into the crypto world, but everyone make use of the internet in a way no matter how little.
It is clear that there would be no BTC if the internet isn't there so I don't see any reason of comparing.
If the Crypto world is growing as fast as it could, I don't think it can be compared to that of the internet or else all other financial sector in the economy will be eliminated and that of Crypto will be the only one standing.

[sampoerna]

Think back to 1997 - the internet's early days. That's where crypto is now. There's tons of room for growth! What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

Crypto is also not a new thing, it has been around for several years and is currently still in the development stage. And it has been very familiar with all this because various concepts in the crypto business world are quite optimized.

At least when we talk about crypto, even though it has been created before, it seems that 2016 - 2017 became a very unforgettable moment with a fairly significant bullish at that time. we see from the price of Bitcoin alone at that time it was still in the thousands. now? It's tens of thousands and there are still many people who are just starting the journey in crypto.

[Z-tight]

Apart from comparing crypto to the internet, you are correct, digital assets are growing and becoming a very important part of our lives, even governments want to create their own digital currency, that is cbdc's. There is still so much to be achieved in the future, the only problem is that there are very few useful cryptocurrencies, so many are created to scam people and they have no purpose at all.

[Mia Chloe]

Think back to 1997 - the internet's early days. That's where crypto is now. There's tons of room for growth! What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

Well I don't really agree with your choice of words op. The internet is a broad and dynamic space that infact gave the medium for crypto to even be a thing in the first place. You can't actually say that crypto is growing faster than the internet simply because the internet is even an anchor for crypto. Crypto currencies can't be done totally offline ranging from both mining to even transacting some coins. Both the internet and crypto currency ecosystem are growing rapidly and infact we are in an intermediate stage just like rdluffy mentioned.

With the help of the internet as an anchor, crypto has literally grew from the stage of just a test run to an actual digital banking ecosystem. Removing the internet from the crypto space is literally like removing air from a burning fire.

[TomPluz]

What's surprising is that crypto is growing faster than the internet did back then. Why do you think that is?

There is one reason I can think of: MONEY and related opportunities. Back in the early days of the internet, there is no open market where people can be making a lot of money or invest their money in projects that can give good returns. When cryptocurrency came in, people see many opportunities to get wealthy, get rich. Of course, because of this condition, bad players also came in where they decided to make money by scamming and hacking others. This where we can see big potential to transform people's financial lives as well as create havoc by snatching what they have. Cryptocurrency industry can then be a two-edged sword.