For most projects or opportunities, a decade is a really long time and most times the window of opportunity is gone after such a lengthy period. The Blockchain is well over a decade now, as Bitcoin was created around 2009. Yet we still hear investors and enthusiasts talk about how we're still very early to the party.

This opinion largely stems from our current assessment of where we are in terms of acceptance and development. Crypto has gained a lot of ground in both areas so far, but there is always the feeling that we could be so much more than what is currently on ground. The potential is still there to be tapped, and for dreamers it is merely the beginning of what could be.

Where We Came From

In terms of value we have had some really good times in the space, seeing as we came from absolutely nothing to where we are now. Even in a Bear market, it is astonishing the kind of value placed on the space that came from virtually nothing. Yet with us still lagging in terms of acceptance and development, nobody knows just how much value would be placed on it in the future.

A closer look at the space will reveal certain things that could give further conviction of a bright future. The first is that the space has grown without active mainstream support and media criticisms. At a time there were active talks about killing the chain by regulators, but that idea has since been dropped. To grow without major support is the ultimate proof of value and we keep seeing the resilience in this space every single day.

Another reason this are still early days is the lack of stability in the space. In terms of market actions and projects, there is still a lot of instability plaguing the space. The future is one of stability, as there would be need for crypto to shed the legacy of wild market swings if it wants to be generally accepted. Therefore anyone who invests now is still very much getting the product in its most volatile form, far from a finished product.

Slowly but Surely

The gradual acceptance of Blockchain technology is also another reason to be very optimistic. It started with individuals, then institutions, now governments and regulators are accepting the technology on a large scale in varying forms and degrees. Some have even gone as far as championing the cause of the space while others have subtly or even reluctantly accepted its use case as being here for the long term.

For us here on Hive, these are early earlier days. We might be ahead in terms of innovation but are still far behind when it comes to acceptance. This means that we could potentially see a value explosion over the next couple of years, and anyone entering now should still feel very much like a winner.