I’m increasingly seeing this graphic. It appears that #bitcoin  is at the same stage of adoption as the internet in 1999. I believe that we are earlier than this is. Why?

My guess that I’ll explore in the coming weeks is that in 1999 many countries, like those on the African continent didn’t have the technology foundations to be included in the demographics of internet adoption. Today however with the internets ubiquity and bitcoins ability to operate in a ‘light’ way without the internet means that almost everyone on the planet can adopt.

What does this mean for this graphic below? It means that as a % of the available population, #BITCOIN  is actually at a lower % than the internet in 1999. Some may think this is bearish but it actually means that we have significantly more upside than most are thinking.

I’ll publish an article on this and provide a revised adoption position on my Substack on the coming weeks