Crypto Nearing iPhone Moment of Mass Adoption, Says Venture Capitalist
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Chris Dixon of Andreessen Horowitz says crypto is nearing its "iPhone moment" of mass adoption, like smartphones did in the late 2000s.
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He references the wave of highly popular apps like Uber, Instagram, and Snapchat that came out for smartphones from 2009-2011.
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Crypto hasn't had its "iPhone moment" yet but signs point to it being in the near future.
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There was a long period of failed attempts at smartphones before the iPhone figured it out in 2007.
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After the iPhone, at some point you hit a "sweet spot" in computing evolution where mass app development and adoption occurs.