September 2020's third edition of the Global Cryptoasset Benchmarking Study states 101 million active users to date.

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This is incredible! How things have grown :)

Keep at it community, share, share, share. Although it seems family and friends call you crazy and half the neighbors avoid you now, soon it will all pay off as we usher in the new financial economy. Being a Pioneer in this Industry sure has it's ups and downs but for those that have held out, bought the dips and invested properly, we are well on our way to financial freedom!

101 Million users worldwide, this is a drop in the bucket in the grand scheme of things but goes to show how quickly we are moving along.

BlueSkyCrypto has predicted for the past few years that Crypto would really take off closer to 2023. Why?

Well, in our opinion the back n forth game of regulatory clarity is sure to slow things down and create some bad attitudes. Pair this with what will have to be a set of global rules and you've got quite a catastrophe of paperwork, definitions, liabilities etc, etc... to come up with. Aside from this there will also be slow merchant adoption as the average consumer still really only knows Bitcoin by name and nothing more about it.

We keep saying it, almost every article but we really need to work hard as a global community to bring in new users and ensure safe coins and investment opportunities. All these new coins need to stop, DeFi projects every other day, it's all nonsense that creates a horrible experience for new users. Without new users, crypto as a whole will fail, this is after all peer to peer.

Keep a huge chunk in cold storage or wherever you feel most comfortable, absolutely BUT please! Please!! Get some out and invest in some of these third party Apps and Companies. we need these centralized, regulated companies to help new users feel safe to start. Let them learn the difference between CeFi and DeFi as they go!

Didn't mean to make this overly long. So sorry readers. Happy Coining, keep kicking ass and pushing Crypto to the masses! 

BlueSkyCrypto

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Regulation and Society adoption

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