RE: Millennials are moving toward crypto as the old financial order is forced to adapt or die
Hi @runicar
Another great choice of topic buddy :) I wish I would find this post earlier, Right now it's a bit to late to upvote.
old financial order is forced to adapt or die
I'm not so sure about it. Perhaps old financial order will die, but most likely we will all die much much faster.
Replacing cash (as an old financial tool) is taking years and we're still far from reaching point where cash is not accepted.
And trust is the key here
You nailed it. After 2018 we are futher away from mass adoption than ever. Regular Joe do not have much trust towards blockchain and crypto. And most of those who had some trust and invested in 2018 (majority of people) ... they burned themself badly.
Anyway, creating new technology is simply not enough. Before mass adoption will become reality, before people will learn to trust that technology, before global awareness and knowledge will reach necessary level .... we will be all long gone.
That's at least my impression. Wouldn't you agree?
Yours
Piotr