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Pepper, speaking of technology markets, generally said:
First, there must be broad adoption of core underlying technologies that support the market. Second, there needs to be compelling reference applications to drive mainstream adoption. Finally, there must be a pioneering company, typically with a charismatic leader, that leads the market out of the trough.
Crypto’s underlying technology is certainly being adopted, and at a far faster pace than cryptocurrency itself. That’s not a bad thing — blockchain will be ready to support cryptocurrency when cryptocurrency is ready for mainstream adoption. The momentum of the two, including steady, increased, usage will compel them through the second stage.
Right now, the cryptocurrency market just needs a pioneer for “liftoff” — a trigger for mainstream cryptocurrency adoption. That could be the long-awaited bitcoin ETF, it could be Ethereum’s delivery of scale. It could be TRON’s BitTorrent, Brave’s browser, or even Facebook’s WhatsApp cryptocurrency. It might also be a big bank really getting into crypto. Or, it could be something new entirely.
Chris Burniske image from Token Summit/YouTube
John Grimes
Chief Reivention Officer
