Our observations:
We are still in the earlier stages of crypto adoption and innovation. In fact, cryptocurrencies have not even reached their teenage stage. For them to grow up to the adult state it would take another 7 to 9 years when it will enter adulthood. During this 7 to 9 years there is will be plenty of opportunities for investments as the crypto space expands both in terms of adoption and innovation concurrently.
Once it has reached the adult state, prices of the popular and efficient cryptocurrencies would have skyrocketed beyond many of our imaginations.
During these 7 to 9 years developing countries would embrace cryptocurrencies more than developed countries but the trend is likely to change after that.
In the meantime, a large amount of wealth would have been distributed to those in the developing countries who embraced cryptocurrencies early.
Photo by Chandan Chaurasia on Unsplash
It is still not too late. The earlier the better.
What are you waiting for?
Original Article
