Bitcoin adoption cycles: • 2012-2015: Cypherpunks • 2016-2019: Innovators • 2020-2024: A few companies, countries and 1 million early adopters (that got more than 0.1 BTC) • 2024-2025: ETFs, Banks, institutions, some countries, some companies • 2026-2027: Most companies, most countries and majority of people • 2028-: Laggards