First stage - denial. Simply rejecting that the technology is innovative;
Second stage - anger. For example, stating how BTC is used for terrorist financing;
Third stage - negotiation. In the case of BTC, this corresponded to the period when banks began to affirm that blockchain technology is very promising, but BTC is uninteresting;
Fourth stage - depression. Banks engage in this fight unprepared and disliked by society;
Fifth stage - acceptance and recognition. Banks begin to use BTC.
Where are we at today? I'd say still 3 with some signs of 2,4.
Where are we at today? I'd say still 3 with some signs of 2,4.