According to a Morgan Stanley internet survey, only 18% of people hold cryptocurrencies. This confirms Tom Lee's belief that we are still in the early stages.
The current cryptocurrency cycle can be considered the third phase:
1. Dollar
2. Bitcoin $BTC
3. Ethereum $ETH (current phase)
4. High market cap altcoins $ADA
5. Low market cap altcoins/meme coins
ADA transactions cannot be stopped, and UTxO cannot be frozen. All Cardano assets, including stablecoins, are like this.
Satoshi Nakamoto clearly stated: Eliminating intermediaries is the way to achieve true financial freedom.