Tom Lee, a well-known analyst and cryptocurrency proponent, compared the current state of Bitcoin to that of the mid-90s internet, highlighting that most investors are still not engaged in the market.
Bitcoin: The Dawn of an Era
Lee asserts that a staggering 95% of market participants have yet to invest in Bitcoin. He believes this is not a sign of missed opportunity, but rather evidence that the window for early adoption remains open. In his view, Bitcoin’s true growth curve hasn’t even started, similar to the underappreciation of the internet in the late 90s.
Security and Distrust in the Digital Age
Lee also warns of entering an era of digital misinformation where trust will be scarce. In a world increasingly populated by deepfakes and synthetic voices, the Bitcoin blockchain stands as a reliable, verifiable, and incorruptible constant. He believes this is why both governments and corporations are starting to treat Bitcoin as a strategic reserve.
Ethereum: The Anchor of Stablecoins
Lee is optimistic about Ethereum, emphasizing its foundational role in powering stablecoins. As dollar-pegged digital currencies expand in use, he believes Ethereum will emerge as a major beneficiary. In his view, both BTC and ETH remain severely underappreciated, not because they have peaked, but because their real use cases are only now beginning to take shape.
Thus, Tom Lee highlights the importance of investing in Bitcoin and Ethereum at the early stages of their development, assuring that the potential of these assets is yet to be fully revealed.
