Crypto is like the 1990s internet, nearing a hyper-adoption phase, Wells Fargo says

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Cryptocurrency adoption is near a hyper-inflection phase, similar to what the internet experienced during the mid-to late 1990s, Wells Fargo said.

Cryptocurrencies are near a phase of hyper adoption, similar to what the internet experienced in the mid-to late 1990s, Wells Fargo said.

While the rise of the internet can be linked to the growth of personal home computers in the early 1980s, by 1995 only 14% of U.S. adults had internet access, according to Pew Research. The rate rose significantly to 46% in 2000. Despite such potential, Wells Fargo warned that investors should be patient and prudent in their crypto investments, recommending qualified investors to seek professional management through a private placement, instead of buying crypto directly from exchanges or investing in bitcoin futures-based exchange-traded funds.

 

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The way WF is pumping crypto, they must have bought some and now they want out.

I’m not adopting shit I can’t make, laugh at, steal or share a meme on

May I register my request that it not?

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