This seems interesting (via apenwarr):
**Q: Why is your multi-year epic project still not profitable?**
Because you don't understand how the "technology adoption life cycle" (the one
with visionaries, early adopters, mainstream, laggards, etc) really works. The
ultimate book on this topic is: "Crossing the Chasm, 3rd Edition: Marketing and Selling Disruptive Products to Mainstream Customers" http://a.co/d/f3eDLqW
I guess bitcoin is still trying to cross the early adopters to early majority chasm.
@jb55 Its a phenomenon that is already occurring. Distressed nations with rapidly devaluing currency have found utility in #bitcoin - I believe this is the "nose of the camel" so to speak before the trickle becomes a flood. Also, I suspect that Japan or other #bitcoin friendly nations may have started to slowly accumulate some on their own. I have no evidence, just a hunch. We'll see how it goes.
@jb55 Wrt where we are on the bitcoin adoption curve, if there are 22m bitcoin wallets, and we are following a maximalist path where a significant amount of the globe adopts, I would argue you are not even into the "Early Adopters" phase whatever that means per the maths.
Your posts got me curious and I'm going to checkout Crossing the Chasm.
@jb55 I don’t believe bitcoin is out of the innovators phase.