We’re still early. Two reasons why

Over the last year cryptocurrency, especially bitcoin and ETH have received a lot of attention worldwide and even adoption as currency in a few small countries. This is a great start but nowhere near the end goal.

Reason 1: A lot of people talk about crypto like stock meaning they are measuring the value against a fiat currency. I know several people with 6 and 7 figure holdings that still refer to their crypto as “shares” and that’s ok for now.

Reason 2: People aren’t using crypto as a means of accepting payment at scale.

I think this will change soon, probably within the next 2 years when there is more around how businesses can handle accepting crypto for payment, it’s just too new. Hopefully there will be an increase in the demand for businesses to accept crypto for them to take steps to offer that as a payment method.

At some point the average American will use crypto for random transactions, right now we are ahead of the curve.

I can’t wait to hear a store merchant say “cash, card or crypto?”