On December 7, Matt Huang, co-founder of the crypto investment firm Paradigm, posted on social media, “I don’t know who needs to hear this, but right now is crypto’s ‘Netscape moment’ or ‘iPhone moment.’ The scale at which it is operating is unprecedented, larger than we could have ever imagined. Both at the institutional level and the cypherpunk level, things are accelerating.” BlockBeats note: · Netscape moment (1995): The release of the Netscape browser brought the internet into the mainstream. That moment marked the transition of the internet from a niche technology to widespread adoption. · iPhone moment (2007): The release of the iPhone led to explosive growth in mobile internet, fundamentally changing how people use technology, pay, socialize, and consume.
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Paradigm Co-founder: This is the "Netscape or iPhone moment" for cryptocurrency
On December 7, Matt Huang, co-founder of the crypto investment firm Paradigm, posted on social media, “I don’t know who needs to hear this, but right now is crypto’s ‘Netscape moment’ or ‘iPhone moment.’ The scale at which it is operating is unprecedented, larger than we could have ever imagined. Both at the institutional level and the cypherpunk level, things are accelerating.” BlockBeats note: · Netscape moment (1995): The release of the Netscape browser brought the internet into the mainstream. That moment marked the transition of the internet from a niche technology to widespread adoption. · iPhone moment (2007): The release of the iPhone led to explosive growth in mobile internet, fundamentally changing how people use technology, pay, socialize, and consume.