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RE: Bitcoin at 55 000$ in 5 years according to a Wall Street’s top strategist ! Or how everybody is looking at Satoshi’s finger while he’s showing us the moon.

in #bitcoin7 years ago

I feel like adoption of great technology goes through 3 phases.

  1. The toy phase.- This is the initial phase when noone really knows the potential of the tech. But all the geeks play around with it.
  2. The influential phase - After a few years being around. It starts becoming influential in our thinking. I feel like blockchain tech is going through this now.
  3. The norm - After 20 years or so blockchain will be indispensable. And become a normal part of our existence. (This is when Bitcoin prices would touch a million maybe)