Crypto Conversations: Investitute’s Jon Najarian and Charlie Shrem of Crypto.IQ Discuss Adoption of Crypto

Many of our Investitute subscribers have reached out to me and asked “Jon, what do you think of Bitcoin and crypto?” I am very excited about the potential of Bitcoin and other cryptocurrencies, and want to bring this excitement and knowledge to our Investitute community.

I’m excited to announce that we at Investitute have partnered with the one-and-only Charlie Shrem of Crypto.IQ, to bring you the most accurate and reliable crypto trading resources.

Charlie and I have become good friends over the last year, and I just had to share his knowledge with you. Whether you are new to crypto trading, or have been a “HODL” investor from the beginning, Investitute and Crypto.IQ will help you navigate the exciting and promising world of cryptocurrencies.

Here are two things to get you started: Sign up for Investitute’s cryptocurrency daily news email for daily updates on what is going on in crypto, and visit Crypto.IQ for access to proprietary crypto research and trade ideas!Jon Najarian: Hello, Jon Najarian here with Charlie Shrem. And Charlie…you can’t tune into a television network these days and not hear a discussion about Bitcoin and Crypto. So tell us where you think we are as far as mass adoption of these technologies.

Charlie Shrem: I still think that we are in the first inning here. This is relatively early adoption stage, but we are seeing somewhat of a turning point I think. Going from maybe the first to the second inning. In the early days of crypto, we’d have to go to a supermarket and beg them to accept crypto. And you’d have to explain to them, and we’d have to “turn them.” And that’s how companies like Dell, and some of these major companies started accepting Bitcoin – when Bitcoiners would go and meet them and convince them and bring them to our side.

Now what we’re seeing with people like Mark Cuban is…these people are turning cryptocurrency enthusiasts on their own. And then because they own big companies they’re gonna say ‘I wanna start accepting crypto.’ Mark fell in love with crypto on his own. He said he woke up one day and said, “You know what, I’m gonna have my team, the Mavericks, a major NBA team decide to accept cryptocurrency and Bitcoin.” So that’s the adoption curve we’re seeing now.

Global Phenomenon

Then further, it’s not just a United States-based thing, it’s not a local thing, it’s a global thing. I was just in South Africa and there are companies there and stores there that accept Bitcoin just as quick as there are stores that accept Bitcoin down here in Florida. It’s happening on a global scale at the same time – it’s not happening locally in one country first. So it’s gonna be a lot quicker, but it’s also still very early days, very new.

It’s very exciting, because as it grows it becomes more legitimate, it becomes stable and scalable. And people love it and it’s exciting, and it’s one of the most amazing technologies and single-handedly probably the greatest invention in our lifetime is cryptocurrency.