Jeff Bezos Wake Up Call Was The Increased Of Web Usage in 1994
Amazon.com’s market capitalization today is $535 billion (at the time of this writing) and is one of the most successful dot-coms and online retailers that was born during the “early stage” of the Internet. When nobody believed in the Internet, Jeff Bezos was busy in his garage preparing for the launch of Amazon with the help of other key people. Statistically, Jeff was sold on the fact that web usage increased to an alarming rate of 2,300 percent a year.
Today, we are seeing that same trend in the Blockchain space. It took nine years for the total market capitalization of cryptocurrencies to get to $100 billion, and it only took five months to get to $200 billion. If Jeff Bezos were to come out and speak about the blockchain technology, I think, it is safe to say, that he would describe it as similar to the “wake up call” he experienced back in the early days of the Internet. Why do I say that? Jeff launched himself into the unknown and followed his gut, based on statistics and market projections. Similar to Jeff, I also plunged myself into the unknown, but in cryptocurrencies, simply because my gut told me to, and also simply because of statistics. Hey, we just jumped from $100 billion to $200 billion in FIVE FREAKING MONTHS. How much statistical data do you need?