Lessons in Disruptive Investment Potential
The history of disruptive technologies is a tapestry of skepticism and eventual triumph. The internet, once dismissed as a niche tool for academics and hobbyists, became the backbone of modern economies. Today, cryptocurrency faces a similar crossroads, with critics questioning its scalability, regulatory compliance, and environmental footprint. Yet, by examining the internet’s adoption arc and the market’s response to its challenges, investors can discern patterns that may illuminate crypto’s long-term potential.
The Internet’s Skeptical Beginnings and the Path to Ubiquity
In 1990, the internet was a curiosity, with just 0.05% of the global population—about 2.6 million people—using it [1]. Early skepticism centered on…