This article was first published on PIVX
I want you to think back to 2005 or thereabouts. If you’re like me and over age 30, you likely can reflect on that time and remember some of the differences between then and now. How technology did or didn’t interact with our daily lives. Back then sending a text message probably cost a few cents each. The phone in your pocket likely didn’t do much more than make and receive calls or perhaps one or two extra functions.
But what’s most important about back then is the Internet. By 2005, the Internet was already well on its way to maturity. Your average person in a developed country likely had some way to get online regularly and likely engaged in email, online banking, and online shopping. But still, the Internet was its own entity – it didn’t blur the lines between the rest of our lives and itself.
So what changed? What was the key development that made the Internet so incredibly ubiquitous and a part of almost everything we do today? You’ve probably guessed by now, but the answer is the modern smartphone.
With a smartphone, suddenly anyone could have the Internet in their pocket. Not only did this make the Internet more accessible, but it also made it a lot easier, too. Suddenly the Internet became so integrated with our lives that it became difficult to imagine life before the smartphone.
So what does this have to do with PIVX or cryptocurrency? I would argue that right now, cryptocurrency is still on a level of development and adoption similar to the Internet in the late 90s to early 2000’s. That being, growth is rapid and climbing quickly, but the average person is not using it, even if they’ve heard of it.
Why is that? Here’s my ...
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