This graph perfectly illustrates why I think bitcoin and other Cryptocurrency have just begun NET ...
The world goes digital, almost everyone is online now and has a smartphone, we order pizza on the toilet, chat free for free with people anywhere in the world and put all data online.
Recognizing that the internet is still young (on January 1, 1983, ARPANET switched from NCP to TCP / IP as a network protocol and thus the birth of the Internet in its current technical form was a fact) but now the web has not yet 40 years, the whole world changes. This is the hotel sector, taxi world, social media, the press, navigation and so on ...
Understand now that Blockchain (Bitcoin's underlying technology) technology is at least as revolutionary as the Internet and that Blockchain will change virtually any financial and data sector on earth:
- banks
- accounts
- Private data storage
- Notaries
- medical data
- social media
- micro transactions
- to vote
- remittances
- investing
- digital gold
- online privacy
This revolution has just begun, companies and investments are running, projects and concepts are only plans (whitepaper), either beta and not convincing.
But this will not be the case anymore, and the adoption of these new Blockchain based products will be very fast.
Just like the first online video services (these were expensive and slow) that were laughed out as useless, Bitcoin and Blockchain are now being fired by many media and experts as a hype, slow and unimportant.
This cried creators of: digital cameras, newspapers, television stations, fax machine manufacturers, hotel chains, publishers and many others a few years ago ... Now they are either bankrupt or busy to conquer their spot on the internet. And have companies like: Google, Facebook, Twitter, Uber, Netflix and the rest and lead that is virtually unbroken.
Technological revolutions always start slowly, and with major setbacks, but if a structural reversal point has been reached, growth can not be stopped immediately.
I think crypto and Bitcoin are on this point, the possibilities offered by Blockchain will be huge, and the price will surely show it.
