There is no company representing the Internet. Somehow it achieved stellar success without a central advertising agency.
Correct.
It took decades for the Internet to achieve its current level of penetration.
That is not an accurate statement at all.
"
The Internet's takeover of the global communication landscape was almost instant in historical terms: it only communicated 1% of the information flowing through two-way telecommunications networks in the year 1993, already 51% by 2000, and more than 97% of the telecommunicated info by 2007"
14 years from 1% to 97%
http://en.wikipedia.org/wiki/History_of_the_internet
Plenty of us were around when it hit $100 and decided to pass 'cause it was too high to buy in...
:/
Perhaps both tragically and amusingly, this pattern will continue repeating itself over and over for at least the next few years.
"oohh, $600, that's way too expensive for me" [even though you can very easily buy $6 worth of bitcoin today].
"ohh, $2500?! That's WAYYY too much money for me." [even though you will still be able to buy $50 or $500 worth of bitcoin a year from now].
"ohh, $10,000 per coin? Bitcoin was never this expensive before, I'll wait for it to come back down." [even though it will only ever keep going up year after year].
P.S.
I went all-in via several buys when BTC was between 80 and 140. I told most of my friends and family to do the same. None of them did. I held.
I implored them to buy in when it reached 300, still none of them did. Now I've stopped bothering. I'll be rich enough for all of us anyway, soon.
