Binance founder CZ spoke at the "Virtual Fireside Chat: CZ" session of Singapore Token2049 and said that I think one thing that needs to be made clear is that cryptocurrencies do not need to be 100% popular. The global Internet penetration rate is only about 60%. So we might think that everyone is using the internet, but according to some statistics I saw recently, only about 60% of the world's population is using the internet. So if cryptocurrency penetration is currently around 5%, which is the proportion of people with certain cognitive skills, maybe it's higher now, between 5% and 10%, I would say we've crossed "Abyss", I think we are very close to this goal. Once we get past this stage, growth will be exponential. So I think we're already on the edge of this stage. So we're still in the early stages, but not very early anymore.
CZ: Cryptocurrency has left its very early stages and may experience exponential growth
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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