Let's Talk About Crypto

I’ve been around this space for a while.

My first real contact with it was Ethereum, around 2015. I was obsessed with the idea of mining: GPU goes brrrr, and some magical internet coins appear out of nowhere. That was insanely cool.

A lot has happened since then.

I lost the ETH I mined, crypto went mainstream, we got ETFs, institutions, regulations, influencers, you name it.

And somewhere along the way, I feel like we quietly lost the main point of what this stuff was supposed to be: an independent way to transfer value.

Censorship-resistant money. P2P cash. Be your own bank.

How many people actually use BTC/ETH today to move wealth from A to B privately? (Worth adding that "privately" is a very big word. Might talk about it some day)

Very, very few.

Most people want to make a quick buck.

And to be fair, there is money to be made. Volatility cuts both ways: it wipes people out, but it also creates opportunities if you know what you’re doing, manage risk, and get a bit lucky. The problem is when “number go up” becomes the only narrative. At that point, you’re not in a monetary revolution anymore, you’re just in a slightly more degenerate version of the stock market with way worse regulation and better memes.

Nothing wrong with wanting to profit, but when 90% of the space behaves like a casino, the original purpose gets diluted. That opens the door to heavy speculation, manipulation, and all the other unhealthy side effects we see every cycle.

For the first time since 2015, I’m genuinely doubting the integrity of the whole space.

I used to think crypto was an extremely cool piece of tech that could reshape how we coordinate and exchange value. Today, I’m not sure if it’s slowly morphing into a big, nicely-packaged vaporwave cabal.

I still believe blockchain-powered tokenization will move forward as part of the whole Agenda 2030 / Sustainable Development Goals framework. But I don’t think it will necessarily be “benevolent” or liberating. It might just end up as yet another layer of control over people.

Recently, I stumbled upon this guy on Reddit. If you’re into crypto, I suggest reading some of his content with an open mind. There are plenty of arguments and counter-arguments, and exposing yourself to different perspectives has never hurt anyone:

https://www.reddit.com/r/CryptoReality/comments/12kctx9/stupid_crypto_talking_points_rough_draft/

There you'll find a link to an updated version that lies on another website.
Linked Reddit so you can also read the whole debate.

Food for thought!

:)