RE: Here is What We Learned From CNBC's Bitcoin Segment on Fast Money
You're right about Bitcoin likely being "the Kleenex of cryptos." I know it even from myself in explaining Steemit to people and saying "...it's a bit like Bitcoin," because at least a few people I know have heard of BTC.
"Mainstreaming" is a long and tedious process. I think the last large scale parallel we can look at was "the Internet." Completely new technology to everyone. My first online account was with AOL for Windows 3.1. At that point, there were fewer than a million online users, and they were "deep nerds and gamers." Sure, "the Internet" was mentioned on CNBC (then FNN) but it was more of a novelty than a real thing. I think that's about where cryptos are, right now.
True "mass adoption" didn't really happen till 2003-05... that would be TEN+ more years. Maybe a little less, since tech moves faster now, perhaps 6-7 years. We have a LOT of room to "go somewhere!"
Very good point - we are in the novelty phase for alt coins and that could still last a while.
When I got on steemit last summer it was nearly all "gamers and techies" but over the last 10 months there has been a large influx of less tech savvy folks which bodes well for steem. :-)
Yeah, I think we're about right here:
About right, I'd say... I remember explaining email to people: "OK, to everything to the LEFT of the '@' is about WHO we are sending to, and everything to the RIGHT is about WHERE they are."