Bitcoin over $100k. Have you missed the boat? Is it too late to get into Bitcoin?🛥️🤔 No! You are still early. Current estimates place global crypto adoption between 562 and 700 million users. With a global population of 8.2 billion, that amounts to only 6.85-8.54% of the population being exposed to cryptocurrencies. To provide some perspective, we are at the same level of adoption as the internet was in the early 2000s. Even if you believe the figures are overly conservative and we assume adoption has already reached 1 billion users, that would place adoption at levels similar to those of the year 2003. It is important to note that the adoption of cryptocurrencies differs from Bitcoin adoption. Some data providers estimate that Bitcoin adoption among individuals exposed to cryptocurrencies ranges from 50% to 65%. This means Bitcoin-specific adoption is even lower at just 3.4% to 5.6% of the global population, which is comparable to the internet's adoption rate in 1999. Not just merely similar adoption levels 🛜 Interestingly, we are not only in a similar phase concerning internet adoption percentages, but there are also parallels to the market back then. The internet ecosystem experienced a massive speculative phase in the late 1990s, followed by the inevitable crash in March 2000, when reality set in. The market flushed out hyped-up startups lacking business models and substance. If you have been following the cryptomarket for a while, this might ring a bell. Crypto has had its own cycles of speculative mania. But we are beginning to see less of it this cycle. The market appears to be transitioning from the "speculative mania" phase to market maturation, similar to the internet in the early 2000s. Scams, pump-and-dumps, and projects dominated previous cycles, offering no genuine value proposition. Now? Institutional investors, corporations, and even governments are accumulating or considering Bitcoin. Those new market participants, however, are largely not chasing the next "big" thing that promises to replace it or to be the next revolution. So, more of the capital flowing into the space is directed towards Bitcoin rather than speculative projects. If Bitcoin follows a similar trajectory as the internet from 2001 onwards, we could see a 4x increase in adoption over the next decade. 📈 Not only are we still early in terms of user adoption, but even more so when considering Bitcoin's total addressable market capitalisation. Bitcoin currently captures only 0.2% of the world's total wealth. 🌍 We are witnessing the early stages of Bitcoin's maturation as it begins to penetrate every corner of society. $100k per Bitcoin may sound expensive. But what about 1 for 10,000 Satoshi? It doesn't sound quite so expensive anymore, does it? 💡 Don't fall into the trap of unit bias.