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RE: "Cryptocurrency Can't Become Mainstream Until People Understand It"
I jumped in late january, should have waited more time... but still, i'm very bullish the crypto market!
The cycle will stop when bitcoin is used in most shops around the world, but that is going to take time... not 1 year, not 2 years, probably 10 years! Credit cards were hard to adopt too! But we did it anyway!
I'm thinking more like five years. Every "moon and death" of Bitcoin brings more programmers into the space. If the development was linear, sure, we'd have to wait 10 if not 20 years, but I think it's much more exponential than that. This is a big reason why crypto bulls think another run is coming within a year instead of having to wait another four years (like 2013 to 2017).
I hate to say it, but every country that gets sucked into a death spiral of unsustainable fiat inflation is a win for the blockchain.
Another recession is coming in the next couple of years, this next recession might very well create a huge bull run!!