Many people see cryptocurrency as the way of the future because it offers a decentralized, transparent, and secure alternative to traditional forms of currency and financial systems. The turning point for me was when politicians and bankers were interviewed against it.
What about you guys, did you have a turning point where you started to be bullish on cryptocurrency?
15 thoughts on “When did you realize that cryptocurrency is the way of the future?”
The day I know I would probably never have a girlfriend
Not about a particular currency, but about blockchain in general… When an entire country (Estonia) applied technology on a national scale:
– For remote parliamentary elections
– To store and access patients’ medical data
– For notarization
I think everyone will come to this sooner or later. It is inevitable
I think the potential of cryptocurrency and blockchain technology is huge, especially in terms of decentralization and transparency. My turning point was when I learned about Oasis Network’s vision for privacy-enabled blockchain technology and their commitment to empowering users with greater control over their data. What about you?
I thought crypto was *interesting* and I owned tokens but I really got into it like *this is the way of the future* once I used defi.
when i saw that you can send the money from any place in the world within seconds
I have the most % of my money in BTC,I don’t trust banks anymore. I really think crypto is the future.
The self-custody, privacy and anonymity of transactions that crypto gives are the pointers that make me have confidence in DeFi.
When I would see other corrupt countries losing all their currency value, life savings and seeing bad dictators take over I knew. To be able to put all your value into an asset, remember a seed phrase, hop on a plane and go any place in the world and bring your money back is invaluable. Fuck the crooked bankers. Digital money is the future. Also knowing that only 8% of the worlds cash is physical was a milestone. 93% of the money out in the world is just numbers changing on a computer screen. It is obvious we need a better ledger to operate this new digital monetary world.
In the beginning of 2021 when the GME fiasco was going on, I had sold some Covered Calls against my position in BB(blackberry). TDAmeritrade wouldn’t allow me to hedge my position. No alert saying the orders weren’t filled. They just disappeared after I would place them. It was then that I learned that TDA et al were blocking trading on “stocks with increased volatility” for retail, but not hedge funds. That’s when it became crystal clear to me, that retail was operating under a completely different set of rules. Discovered DeFi shortly after and realized how much I craved transparency. Never looked back.
I think the current bank meltdown definitely has an effect on the present hike in crypto adoption but it has always been a haven of financial freedom, not to mention that Defi takes things further and gives users full control of their assets. I already took the initiative and moved my Bnb, Egld, Ride and Crt to my Ledger where I have full custody of my assets.
I had to send a considerable amount of money overseas and the taxes were nearly zero.
Payment was the first time then I also realized I could finally own, control and monetize my data either through data unions or by publishing my datasets on OCEAN Market and other Web3 data marketplaces without giving up control or my privacy.
I transferred $3k from a CEX to a self-custodied wallet at 3am on a Sunday then borrowed money against that via an over-collaterlized loan on AAVE and was able to deploy/invest those funds within minutes. All with no KYC (after leaving the CEX) or need to apply to anything or be reviewed by any one giving me the thumbs up/thumbs down. It was pretty much the first set of transactions I made in the decentralized ecosystem and I immediately knew that, on a long enough timeline, banks were toast.
Not just crypto but post quantum cryptography projects like Hypercash and Qanplatform . I realized this when quantum computing threats to blockchain became increasingly apparent.
I think that it was upon realizing what online privacy really is (or even better said what it isn’t). And after further diving into the subject, I began understanding that the privacy matter is being [explored](https://oasisprotocol.org/blog/the-oasis-privacy-layer-powered-by-sapphire) and that the blockchain tech actually makes a difference for the users. My gem was Oasis Network, as the whole concept of users taking control of and monetizing the private data they generate, simply blew my mind.