The growth of Bitcoin adoption is similar to the adoption curve of the internet, but Bitcoin is faster. People need reliable savings technology and money attracts more people because, in many countries, people do not have a way to save safely.
Bitcoin is a digital commodity without an issuer. It’s an open protocol. Satoshi Nakamoto created Bitcoin but developers built on top of the work that Satoshi did and Bitcoin cannot exist today without developers working on it and releasing updates from time to time.
Bitcoin is just a measuring scale for the total value in the world. Most of the value is denominated in US Dollars but the total amount of US Dollars is always expanding. It’s like you are measuring something with a scale that stretches.
When you own some Bitcoin, you own a percentage of the total money supply in Bitcoin terms. It’s a fixed scale and because people keep losing their keys, the total amount of Bitcoin in circulation shrinks making your holdings in percentage terms higher than they used to be.
A lot of people think that they are late to Bitcoin but the Internet was invented in 1983 but the dot-com boom happened from 1995 to 2001. It took 15+ years for people to take the internet seriously. The internet changed everyone’s lives and how they communicate. Bitcoin is just 15 years old and we can expect it to become mainstream in the next 10 years.