In ancient Greece, people used to believe that the Titan known as Atlas held up the sky on his shoulders, whereas Hindu mythology was filled with tales that the world was supported by four elephants and the ‘world’ turtle.
However, things have come a long way since then, and we now know better. The three pillars of society are in fact crypto, cats and cannabis! Each of these now has a central role to play in society, and are widely considered to be the most important topics of discussion in 2019.
That being said, while each of these is undoubtedly hugely popular, just how popular are they, in relative terms? Cryptocurrencies haven’t been around for long, but now it seems everybody is talking about it. Whereas cats and cannabis have been around practically forever, but are they as popular as cryptocurrency in 2019?
In our opinion, the only logical way to answer these questions is to take a look at just how big each of these is in 2019 and look ahead to how we think things might change in future.
Cats Are All the Rage
With around 95.6 million pet cats in the United States, and close to 1 billion worldwide, around one in seven people can be expected to own a pet cat. To put this into perspective, there are now more as many cats as there are cars in the world, and significantly more cats than mans best friend, horses. This makes the number of cat lovers higher than the number of cryptocurrency users by a large margin, though there are around 4.27 million people who both own a cat, and use cryptocurrencies. Known for being deceptively clever, and commonly found to be exploring places where they don’t belong, cats have recently found a way to digitize themselves, and have since been spreading across the internet through a decentralized application (DApp) known as Cryptokitties. Not content with taking over the lives of humans in the real world, cats have now begun taking over our digital lives also, and have thus far lured thousands of players into their trap. At one point, the Cryptokitties DApp was the number one Ethereum DApp by volume but has since fallen out of favor with its victims after their collectible digital cats failed to gain value after they were bought for hundreds of dollars. Unsurprisingly, several of these cats have developed somewhat of a cult following, including Long Cat, which is considered by some to be an image of the Messiah, whereas others see it as a national treasure. Grumpy Cat on-the-other-hand is widely regarded as the physical personification of hatred, and by some as the feline antichrist. With essentially no natural predators, cats have begun to sink the claws into practically all facets of life, with many of these furry creatures rising up to become industry bigwigs, with at least one cat occupying the position of CEO. Oftentimes the cat is not aware of its position but still has it nonetheless.Cannabis To Climb Higher
With close to 200 million users worldwide, Cannabis is without a doubt more popular than cryptocurrencies (for now.) However, similar to cryptocurrencies, Cannabis has had a challenging time when it comes to regulations, being outright illegal in some countries, being regulated in a few, while sitting in a legal grey area in others. Despite this regulatory blockade, the industry continues to expand, with THC-less Cannabidiol (CBD) oil being touted for uses, including improving joint pain, curing cancer, summoning spirits and resurrecting the dead. Like cats, cannabis has also been making its way onto the blockchain, with several recent blockchain startups launching CBD-backed cryptocurrencies based on a variety of CBD strains. Similarly, other blockchains have appeared to help legal cannabis sellers get better returns on their goods while demonstrating the authenticity of their product. With cannabis becoming increasingly de-regulated, blockchain has given people the world around the ability to invest in a market that appears likely to boom. The unbridled excitement from the cryptocurrency community can hardly be contained, as hordes of investors flocked to finance companies such as Cannabium to get a whiff of an industry on fire.Cryptocurrencies Are Big, But Not Huge (Yet)
According to Statista, there are currently approximately 32 million cryptocurrency users worldwide — which is roughly equal to the entire population of Venezuela, or approximately 200x the population of Guam. For the most part, cryptocurrency investors are forward-thinking individuals looking to jump in and fund a promising new industry, with the hopes of it paying off big time in the future, as blockchain and cryptocurrencies become more commonplace. Although cryptocurrencies are not quite as popular as cats or cannabis yet, they are literally growing at an exponential rate. In 2010, cryptocurrencies were almost unheard of, now, just a decade later they are disrupting practically every industry, with almost every major corporation dabbling with the technology, including the Bank of China, JP Morgan Chase, Apple, and even Amazon. Unlike cats and cannabis, cryptocurrency lasts forever, and stands to make those who invest in it during this early stage extremely wealthy — think discovering oil before the invention of the car, and look how that turned out for ExxonMobil. At its peak, the cryptocurrency industry was worth more than Apple Corporation at the time, and currently has a market cap approaching that of McDonalds Corporation — currently the world’s largest fast-food chain. Did you like this article? If so, check out our Telegram News channel where you can find all the latest news as soon as it’s released! Stay informed, stay engaged, stay crypto!Disclaimer
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Daniel Phillips
After obtaining a Masters degree in Regenerative Medicine, Daniel pivoted to the frontier field of blockchain technology, where he began to absorb anything and everything he could on the subject. Daniel has been bullish on Bitcoin since before it was cool, and continues to be so despite any evidence to the contrary. Nowadays, Daniel works in the blockchain space full time, as both a copywriter and blockchain marketer.
After obtaining a Masters degree in Regenerative Medicine, Daniel pivoted to the frontier field of blockchain technology, where he began to absorb anything and everything he could on the subject. Daniel has been bullish on Bitcoin since before it was cool, and continues to be so despite any evidence to the contrary. Nowadays, Daniel works in the blockchain space full time, as both a copywriter and blockchain marketer.
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