Wells Fargo thinks Bitcoin is nearing the Hyper Adoption Phase

What if I told you a major bank was predicting bitcoin was about to go mainstream?

Sounds like another day in crypto, right?

Well, even if that is the case, it's always nice to have more of the people being displaced acknowledge publicly what is coming.

Wells Fargo put out a piece talking about how bitcoin is on the cusp of entering the hyper adoption phase.

Similar to what happened with the internet back in the 1990's and early 2000's...

Check it out:

(Source: https://twitter.com/DocumentingBTC/status/1491052114751410181/photo/1)

If this rate of adoption continues there is no way bitcoin isn't worth millions of dollars per coin.

The only way that happens is if the network becomes a fully embraced global monetary settlement layer used by nation states globally.

Will that happen?

I think if it doesn't, it will get very close.

The allure of having everyone play by the same rules regarding their money and wealth is too appealing to pass up for most countries.

If you are a long term investor, hopefully you bought this latest dip!