It's time the space matures and focuses on making money the hard way: creating valuable products and services
I still believe people need to familiarise themselves with the technology. It's still a novelty to many and very technical. There are billions of people who do not see the need for cryptocurrency. This is one of the reasons I believe social media, as it is done on hive is one of the best ways to get average individuals involved in cryptocurrency. But there is still a gap that is yet to be filled. It will take a long time before people start using crypto for their daily transactions. The mentality now is to buy and hold. So the industry is still very speculative. The tech still needs to be simplified--made easy to use. One of the reasons I am optimistic about a project like openseed.
I agree. I think buy and hold mentality will dominate as people trust crypto more. Then once everyone has it and the prices stabilize, they'll start looking more to spending.