The Facebook memory showed a posting of mine 2 years ago, back in 2018:
People were afraid of using their credit card when the internet first came out.
E-commerce giant Alibaba achieved a total transaction volume of 213.5 billion yuan (US$30.69 billion) in a single sales day during the Double Eleven Shopping Festival on November 11, 2018.
People are sceptical about cryptocurrencies now, as we are still in the floppy disk days of the blockchain technology.
Current state of the crypto market:
- Market cap: $211B
- 24 hours volume: $13B
- BTC dominance: 52.3%
Cryptocurrency market will surpass the $1 Trillion mark.
It’s just a matter of time. One day we will look back and remember how early we were.
2 years later, at 13th November 2020:
DeFi was one of the missing puzzles back then.
Many more pieces of puzzles to come, until the dust settles.
Similar to how the web progressed throughout the past 20 years, blockchain is the web, all over again.
From information sharing to value transfer.
Just like every business needs a digital presence today (going online), anything that can be tokenized will eventually be tokenized 10 to 20 years down the road.
What next? NFT (Non-fungible Token).
Build trust. Transfer value.
p/s: And $1T cryptocurrencies market cap will be just the beginning mark of another great journey in human history. #ToTheMoon
