"Crypto is no longer in the early adoption stage"

[arwin100]

The cryptocurrency industry started with the launch of Bitcoin in 2009 and then flourished in the following years with various assets and blockchain-based solutions. According to Stephen Stonberg, CEO of Bittrex Global, this is no longer in its infancy.
“I think we’re already past the stage of crypto early adoption,” Stonberg told Cointelegraph adding:
“Crypto has now gone mainstream. We have double-digit percentage adoption in both developed and developing countries. We even have Bitcoin adopted as legal tender in a country and many other countries are considering adopting Bitcoin as legal tender.”
Bitcoin has also become a very common investment, as several large companies such as Microstrategy have invested in these assets.


Source: https://cointelegraph.com/news/crypto-is-no-longer-in-the-early-adoption-stage-bittrex-global-ceo-says

Lots of things have happened for years and the improvement and development of Bitcoin as a currency is too visible and I must agree that it isn't in the early adoption period anymore. Some countries are now adopting it as an alternative and digital currency and are being used in digital transactions which only means that it has passed the tests of time so it's already on the higher step pf adoption period.

We can already say about that and no more further debate to be either early or not since in the first place bitcoin already age a decade  we also see some huge ATH and ATL also currently the price is quite expensive for middle to low income earner that's why we can say that the claims about that is right, but it didn't stop there since the potential still so high we will still so many ATH to be broke so even if we are not in early state still its good to buy bitcoins at any point since to potential to earn is high if you are not a weak handed trader.

[Sithara007]

Lots of things have happened for years and the improvement and development of Bitcoin as a currency is too visible and I must agree that it isn't in the early adoption period anymore. Some countries are now adopting it as an alternative and digital currency and are being used in digital transactions which only means that it has passed the tests of time so it's already on the higher step pf adoption period.

There is no doubt that a lot of things have happened during the last few years w.r.t. Bitcoin. But that doesn't mean that we have passed the early adoption stage. IMO, we will progress to the next stage, when multiple countries adopt Bitcoin as the legal tender. And from what I can see, we are at some distance from that. And the number of active users still represent a minute fraction of the world population. I have seen claims like there are tens (if not hundreds) of millions of Bitcoin users. But how many of them are active users?

[wiss19]

The cryptocurrency industry started with the launch of Bitcoin in 2009 and then flourished in the following years with various assets and blockchain-based solutions. According to Stephen Stonberg, CEO of Bittrex Global, this is no longer in its infancy.
“I think we’re already past the stage of crypto early adoption,” Stonberg told Cointelegraph adding:
“Crypto has now gone mainstream. We have double-digit percentage adoption in both developed and developing countries. We even have Bitcoin adopted as legal tender in a country and many other countries are considering adopting Bitcoin as legal tender.”
Bitcoin has also become a very common investment, as a number of large companies such as Microstrategy have invested in these assets.

Being a legal tender is totally different from being a national currency. Any country can declare Bitcoin their legal tender but that doesn't mean that it is their national currency. Although the good thing about being declared a legal tender means that anyone can make use of it to clear debts or make payments. But in countries where it is not legal anyone caught making use of it will be punished.

El Salvador he said the frontline of the movement of adopting cryptocurrency as legal tender, and I’m looking forward to seeing other countries who would do the same thing. Ukraine is one of the countries that I’m looking forward to, which might do the same any moment from now.

[agg2702]

Lots of things have happened for years and the improvement and development of Bitcoin as a currency is too visible and I must agree that it isn't in the early adoption period anymore. Some countries are now adopting it as an alternative and digital currency and are being used in digital transactions which only means that it has passed the tests of time so it's already on the higher step pf adoption period.

Even though it's like that, I think for now we are in a transition period where to say we are living in an advanced stage of adoption is not true because if we look at the population, the number of people and countries that adopt bitcoin is still very small.
maybe for people or investors who have long been able to say this is a continued adoption and not an early stage but overall if we look at the actual comparison we are still not free from early adoption considering there are still many people who don't even know what bitcoin is and like how it works.