When did you realize that cryptocurrency is the way of the future?

Question

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?

Answer 1

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.

Answer 2

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.

Answer 3

Not just crypto but post quantum cryptography projects like Hypercash and Qanplatform . I realized this when quantum computing threats to blockchain became increasingly apparent.

Answer 4

The day I know I would probably never have a girlfriend

Answer 5

I understood this the moment I learned that crypto had the potential to bring millions of people who do not have traditional bank accounts into the financial system! Cryptocurrencies may be transferred reasonably rapidly and anonymously, even across borders, without the need for a bank to stop the transaction or charge a fee, and so far both Ethereum and Monero, as well as Zcash, have proven excellent tools in this regard. as well as sylo


Stablecoins, in particular, have the potential to challenge fiat currencies as the primary method of payment, and they are accessible to anybody with a smartphone.

Answer 6

When I saw all the passionate, talented and hard working pioneers building towards a future that they could be a part of and invited me to come along and help.

Instead of being disenfranchised, left behind and exiled from all the closed doors and board rooms of secretive banking institutions designed to screw over the little guy and build the wealth of those who are already obscenely rich; these people decided to build something contrarian, open and permissionless.

Available to anyone with an internet connection. Financial services for the unbanked. No more fee gouging. Encourage competition and innovation. Open source and auditable. Cryptographically bullet proof. Decentralised and self-governed.

Soon as I realised it was more than just speculative mania, I was hooked.

Answer 7

I think I believed in cryptocurrencies right from the very time I heard of them. However, my faith in cryptos solidified with the defi usecases. Seeing the need for crypto coins/tokens on platforms like Stargate, DAFI, Beefy protocol, etc makes me believe that there's more to come.

Answer 8

I can't even remember, I only know that with the development of technologies and innovative systems, my interest grew more.
  

Especially now with the L2 and LSD trend. Also, following the LINK and DIA oracle ecosystems, it is impressive to see new options being built.

Answer 9

When I saw some talented and smart entrepreneurs investing in cryptocurrency, I realized it was the future. Before investing in BTC, ETH, Matic, or MAXX, I did my own research. I staked MAXX in order to earn high, consistent, and long-term interest rates.

Answer 10

Since I started using privacy protocols which is the real utility. Transacting with privacy wallets and keeping my data safe.