MrRenev

Bitcoin is like the early internet

Education
BITSTAMP:BTCUSD   Bitcoin
"Bitcoin is like the early internet" we hear that sentence over and over.
The convenient thing is the internet and crypto, as we know them, both appeared the same year, in 1983.
So how about a simple side by side comparison?

* Note I have strongly overstated crypto adoption to make it visible.

As you can see, adoption wise, crypto is indeed like the early internet.
But the fact that is has been like the early internet for now almost 40 years, means crypto investors should not get their hopes up too much about it getting adopted.

Their best bet is that new buyers that think the price will go up show and buy their bags.

Not sure who will do that, now that the whole planet has heard about crypto & Bitcoin in particular.
Aliens maybe? Who knows.

I suggest creating a whole new type of crypto, call it etrash, and leave it there.
Would be the perfect end for this joke of a ride.

C'mon ... 40 years... Claiming claming crypto is as important as the internet or can ever be half as successful... Some people can't stop dreaming...

40 years and only use case has been being untraceable & buying drugs and kiddie porn. Crypto enthusiasts are nuts.
They should wake up from their dream and start doing something useful with their lives.

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