1/ What will unleash #crypto adoption? 🧵
The future of money, from purchases to in-game and #metaverse currencies, is connected to #cryptocurrencies.
EU regulations, Goldman & Sachs positive outline along with institution interest are some of the new elements on the table.
2/ Big banks started to flood the market with cash.
The combination of large flows and a long-term strategy may help stabilize prices.
It's not a good thing for the community tho, since they aren't truly engaged in it.
cryptopotato.com/goldman-sachs-prepares-cryptocurrency-investment-services-this-year/
3/ Multinational companies will, however, boost interest and adoption.
@Walmart, @Tesco and @Nike started to enter the #metavere with #crypto payments for their assets (next gen kids demanding parents #cryptocurrency for transactions).
4/ Retail investors are incresing their exposure in the market as visible from @TheBlock__ metrics below.
#CEX are necessary for mass adoption, even tough they don't represent what #crypto was intended to be.
With @netflix doc #trustnoone you have a good excuse tonight
5/ Research and education will promote #cryptocurrency acceptance.
Understanding how #blockchain works is critical, supporting also scalability.
All hands must be on deck for the #blockchain to thrive and offer its full potential.
6/ Nations like Philippines, Kenya, Vietnam, and Nigeria are rapidly embracing #crypto.
Why?
Due to lack of foreign investments, they miss simple access to international currencies like the $/€.
Local currency depreciation leads citizens to acquire crypto to increse savings
7/ El Salvador and president @nayibbukele became the first to adopt #Bitcoin as a legal tender alongside the $US.
In 2021, it acquired 550 $BTC ($23 million)
Salvadorian firms may easily pay for import and export with #BTC.
And.. investors began buying property using bitcoin!
8/ What will it take to bring #crypto into mass adoption?
What are the key factor to support this long-lasting journey?