Crypto Twitter was the place to be in 2021. Everyone from the richest person in the world to the president of El Salvador got in on the action and dropped their hot takes, but who came out on top?
A good portion of 2021 has included a discussion on U.S. dollar inflation. Money printing in the U.S.in the hands of government forces trying to alleviate the economic drawbacks of the COVID-19 pandemic.
In contrast, a great number of networks in the crypto industry allow for assets to be governed by the community; depending on the project, many of these have the potential for fixed maximum supplies for the number of crypto assets that will be released into circulation. Gemini crypto company co-founder Cameron Winklevoss’ tweet shows how the U.S. dollar would look if it were a crypto asset.
Imagine a crypto where the supply increased 4x without input from the community. It wouldn't pass the shitcoin giggle test. Now think about the fact that I'm actually describing the US dollar.It can be hard to know where new technology or industry sits on an adoption timeline. Although views on the matter can
, analyst Willy Woo’s tweet in February 2021 gave the public one possibility, comparing Bitcoin to the internet boom.But Bitcoin's growing faster. Next 4 years on current path will bring Bitcoin users to 1b people, that's the equivalent of 2005 for the Internet.
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