Saturday 7 August 2021

Raoul Pal - Get Ready For Bitcoin And Ethereum

According to the exponential age thesis, in the next 5 to 10 years, we'll go through the fastest period of technological growth and adoption in recorded human history. And nobody is prepared for it because humans, as simple creatures, think in linear terms. We can't understand exponential reality because it doesn't suit our brains.

The internet witnessed the fastest period of growth between 1990 and 2000 as it grew exponentially at 63% a year. So, its adoption was faster than the mobile phone that came before it. These are network businesses. But crypto is growing at 113% a year, having the same number of users that the internet had in 1997.

Now, the crypto world has 114 million users, which is projected to reach a billion users by 2024 and 3.5 billion by 2027. And this is extraordinary. Video by Savvy Finance.



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