Bitcoin: Crypto Awakening And Pragmatic Valuation Of $10 Trillion Market

SummaryBlockchain and crypto are poised to reach over $10 trillion by 2030 within the broader global assets market.The growth of the blockchain and crypto market will act as a proxy and follow the path and evolution of e-commerce.Crypto’s current state fails to stay relatable to the broader mainstream audience.Decentralization might be the tagline people use, but the underlying needs are inclusivity and accessibility.Buffett’s take on Bitcoin the rat poison: the result of not staying relatableWhen the two respected gurus, Warren Buffett and Charlie Munger, called Bitcoin (BTC-USD) “rat poison squared,” it was a real awakening. It wasn’t about who was right or wrong; it was about how unrelatable blockchain and its leading network, Bitcoin’s innovative technology and development, related to the public. Although there are some enormous disruptive innovations and new future possibilities for finance and the extended layer of the web (called Web3), crypto is often seen as a speculative intangible asset. But there are still limited practical applications for crypto, such as use cases and product market fit, especially given the wild hype, swings and over-enthusiasm surrounding it, as witnessed in the high velocity and volume of these cryptocurrencies and assets trading hands. One test that can be used is to check in with our grandma and grandpa to see if they know what blockchain and Web 3 are, just like they do about the internet a...