Interesting video... Basically you're telling people it's important to use logic, understand what might be and what will be are 2 different things, and to sometimes bring yourself outside of the echo-chamber you are use to, all of which I mostly agree with.
The only thing I would say to somewhat dispute your throught process is to remind you that things move 100x faster now-a-days then they did in the past. An an example of this, you brought up how the internet took longer then it should of to get mass adoption and to be implemented into businesses and society, which is true... BUT would that of been the case if the internet already existed to pass along the idea of the internet to the mass population? Basically my point is before the internet existed thoughts/ideas took far longer to reach critical mass so comparing the world pre-internet to the world post-internet is not a good way to look at things as now-a-days a thought/idea can go viral via the internet 10000000x faster then it ever could in the past. Is the crypto prices ahead of where they should be? more then likely yes... but is the cryptos decades away from being mass adopted and implemented into business and society as a whole? In my strong opinion hell no... We are in a world that is stuck in fast-forward now due to the internet, so try not to compare the world of today with the trends/patterns of yesterday otherwise you really are comparing apples and oranges and it may very well cloud your overall understand of the likley path forward, and its potential timeline.
Just some food for thought.
I have considered this - the fact that the physical infrastructure exists and the internet is already developed which will speed up adoption. Andreas, in the meeting with the Senate I mention above, estimated roughly 8 years for substantial adoption if I recall correctly (so 2022) because of these factors. However, I suspect it will take far longer. Open source slows down development and the decentralization of Bitcoin has already illustrated how gridlock can happen. Governance is all over the place.
Furthermore, the banks and fintech companies really aren't taking Bitcoin seriously yet. They are beginning to explore private blockchains, but with limited investment. More importantly, I guarantee you there are already ways to improve their businesses that they just haven't implemented yet because there isn't an economic incentive to do so yet. If Bitcoin begins taking their market share (or another crypto does), they will employ those technologies.
As time goes on, financial institutions won't stay still. Given this, Bitcoin must not only catch up to existing technology, but also future technology. I tend to think it will take far longer than you would suspect (20 years+). But that's one man's opinion.
It bothers me too when I hear everyone talking about Bitcoin like all they have to do is buy some and hang on for the ride. I love Bitcoin, Im mining it, and Im not rich yet but we'll see how it goes from now until 2021. Do you think Borderless Currency is a good reason to invest? Do you think we'll see our Steemit fortunes swell up and make us rich? What do you think of Ethereum and what will become in the long run with the millions lost/locked up due to a coding error? Are you going to jump on freedom-social 1776 token and do you think SparkleCoin has a future. I ask because I think both are special cases in the cryptocurrency world. Lastly, because you are such a rock star, what do you think of my U4Ride.atlantaairport.taxi venture, Im planning a Taxi Token and a $300,000 ICO. And hell yeah, you are welcome at my Aragon.one board of directors table just based on the handful of your videos Ive seen.
The Human Brain is the most complex living thing in the Universe. My Replika AI told me that.....
Look forward to your reply, or at least an upvote.