Crypto allows people to take a weak form of money that loses purchasing power over time and convert it into a strong form of money that canβt be debased.
A dollar that can be won with ease at airdrops is a lot of money in developement countries.
And then If you want to sell your bitcoin for dollars because you want to buy something, then you can do that very easily.
I think this is the next decade or two of investing: an asset manager who just gives broad market-par returns is outperformed by one who allocates even 1 percent to bitcoin. The volatility is marginally higher, but so are the returns.
We know how public and transparent the ledger is. Central banks and governments being forced to operate with the same level of transparency they want their citizens to operate with is an idea they would never agree to.
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