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Wells Fargo: Crypto could soon enter an inflection point of hyper-adoption

Binance
2022-02-08 05:46
A recent report from the Wells Fargo Investment Institute showed that the technology behind cryptocurrencies is following a similar adoption path to the Internet in the early to mid-1990s, a period when "consumers still need time to figure out what the technology is, what it can do, and how it can benefit them."
The report also noted that the increase in cryptocurrency users shows that "the world is starting to embrace the technology - and fast.". It also stated, "If this trend continues, cryptocurrencies could soon exit the early adoption phase and enter an inflection point of hyper-adoption, similar to other technologies."
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