Binance founder CZ made a speech at the "Virtual Fireside Chat: CZ" event in Singapore Token2049, saying: "One thing that needs to be clarified is that cryptocurrency does not need 100% popularity. The global Internet penetration rate is only about 60%. So we may think that everyone is using the Internet, but according to some recent statistics I have seen, only about 60% of people around the world are using the Internet.

Therefore, if the popularity of cryptocurrency is currently around 5%, which is the proportion of people with certain cognitive skills, maybe it is already higher now, between 5% and 10%, I can say that we have crossed the "abyss", and I think we are very close to this goal. Once we cross this stage, growth will increase exponentially. So I think we are on the edge of this stage. So we are still in the early stage, but no longer very early. I think we are getting close."