I heard about Bitcoin in 2009. My mom was in charge of my finances. I asked her for 200 pesos (around 15 burger bucks), which was around 5% of my monthly tuition - I'm giving you context to how valuable were Mexican pesos back then - and enough to buy a Bacardi bottle, a big Coca cola and a pack of Marlboro Reds.
She didn't give them to me. I didn't need the cash actually, I had money saved back then. I was 19, I was already working a part time job. All I asked for was her credit card because the only way to buy Bitcoin back then was using a credit card through a shady as fuck website.
She said no, that she wasn't going to be the vessel that allowed me to lose money on early internet scams, and that I should put my mind into positive things, not fake magic beans.
I didn't push back - my mom was a bone hard to chew, I was never able to convince her on anything that she had already made her mind on. She was a banker, so she knew best, or at least that's what I thought back then.
Fast forward 8 years and I heard about Bitcoin again through @luzcypher, who introduced me to Steem, which in turn forked into Hive. Back in 2017 I would already be a millionair, but I would probably have died already from an overdose or partied my money away.
Now I am a different person, I am actually ready and prepared to be a millionaire and not die in the process. But now mass adoption is taking its time.
Early adopter and mass adoption
I've been saying here on Hive that we are early adopters just by being here and educating ourselves about this whole new crypto world, that despite appearing as if everyone knew about, reality says that not many people know about bitcoin as anything else than "fake internet beans", and way fewer people are actually verse on the topic.
I keep seeing ads like this one:
And yet, Mass adoption is far from here, I don't even see it in the horizon.
From 2017 to 2019 I used localbitcoins.com to get Fiat using crypto, and I used to get massive fees from transactions done and ultra massive hits in price from fiat hodlers that bought btc little by little.
Then I heard about Bitso, a Mexican startup that provided onramp and offramp from using Crypto to MXN, and I could actually use LTC for my transfers. Life became easier since then.
Now, Bitso is injecting money into Bitcoin's mass adoption in Mexico but, in my humble opinion, this is a lost battle at least right now. Mexico is full of illiterate, don't-trust-the-internet, don't-even-have-credit-cards, I-only-store-my-money-under-my-mattress, kind of people.
And yet, it cheers me up to see these ads in the local mall.
Ignorance deters Mass adoption
I have a friend that works in purchases for Walmart, he knows money, he knows investments, he's not stupid. I mentioned him that he should buy Bitcoin back when it was at 8k, he didn't listen. I have an investment banker friend who didn't listen to me back when BTC was at 4k.
Today, and during these 8 red weeks, I got a message from them asking me if I would still stand behind my investments. They don't even remember at what price I told them to buy. They just listen to the news and hear about BTC losing 50% of it's power in the span of two quarters and they think they are in the right side of the trade, just by not buying bitcoin and staying away from shady investments.
Both of them are part of the upper 5% (if not the 1%) of the Mexican pyramid, and they won't buy BTC even when a friend who's been in the scene for 5 years tells them to. I wrote to both of them the last week, both were happy to hear about me and have a conversation, but they didn't even bother about actually listening to the Bitcoin part of the conversation, which is why I didn't even bothered on telling them about Hive, Leo Finance or Polycub.
I'm ready to be a millionaire, which is why I have all of my net worth put into crypto in one place or another, but it seems like most people in the world, are not.