It’s important to remember that crypto can be difficult, or even intimidating to navigate. For the uninitiated, concepts like decentralization, DeFi, protocols, smart contracts, algorithmic stablecoins, and liquidity can seem daunting. For crypto adoption to even have a chance to go mainstream within the next decade, the industry has to first work to improve its ease of use and interfaces, demonstrate functional supremacy over Web 2.0, and finally, solve the energy problem.
Crypto could stand to learn a thing or two from the growth and adoption of the personal computer in the American market. At the time, despite many prescient people knowing that the computer and the internet would some day rule the world, there was no telling when. For all they knew, it could have happened anytime in the next fifty years.
Inevitably, computer companies reached a point where they had to carry out the unenviable task of actually creating clear utility for the computer. That may seem unbelievable in today’s world, but back then, companies had their work cut out to convince housewives that they could use computers to keep recipes. For those people, it would be hard to believe that now that’s probably the least…