Adoption isn't El Salvador's president holding Bitcoin on stage—it's a grandmother in Lagos using USDC to receive remittances without a bank account, a merchant in Vietnam accepting stablecoins because their currency inflates 15% yearly, and a teenager in Argentina earning in crypto because their peso lost 50% of value. The narrative imagines hockey-stick curves and mainstream euphoria; reality is unglamorous, localized, and driven by necessity, not ideology.
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