Last Train To The Cryptoverse

You would think that seeing that cryptocurrency and all the talk around it have been here for what; 8,9,10years+, everybody would have accepted what it stands to represent and the inevitability of it permanence in the financial space of the future, which quite frankly we've already started living. Interestingly, there are still millions, even billions of people who haven't even heard about cryptocurrencies even once. Again, hearing is one thing, listening and understanding is another. Some people just hear it by the side, and pay no second thought to it, hence they remain ignorant about it.

There are also a lot of people out there who believe the cryptocurrency craze is just the building of another www bubble that's waiting to burst just like the financial crisis the world witness in 2008. There are quite a good number of experts on the matter who holds this view and correctly so too, if you ask my opinion. A lot of the wind sailing the crypto world right now is hype and potentials for mass adoption. The problem with hype is that it's not so easily sustained and at some point, the crypto world will sort of have a meltdown.

My reason for accepting this assertion is that a good percentage of wealth invested in crypto and blockchains are invested in projects that have no real value, no current nor feature use case or anything like that. Anything from five to three years ago, this was the case with the introduction of all sorts of new coins and tokens, but in recent years, this has been transferred into the world of NFTs. All of these can be responsible for lack of interest and involvement on the crypto space BT certain people.

You might want to ask, with all this talk, why do I still do crypto? The truth is much like the financial crisis of 2008 hit the world and its bank, I expect cryptocurrencies to suffer the same fate, but also as the financial world recovered eventually, I expect cryptocurrencies to do same, after which the true era of decentralized finance will fully blossom. During the 2008 crisis, a lot of banks couldn't make it, but the best of them did find a way to recover and that's what I kind of expect of cryptocurrencies. The potential 'bursting of this bubble' will help sanitize the crypto space, as only those with true value, use case, potential for growth, innovation and adoption will make it out of the crisis.

For those of us whom have gained knowledge and understanding of what the crypto world is all about and the future implications as well as benefits, it can be painful to see our friends and family members live without this realization, especially those of them going from one place to another looking for what and where to invest the little wealth they've amassed. Some of these people have the financial capability to better position themselves to reap the benefits of the cryptoverse the way people like me can't, and faster.

Naturally, we feel the compulsion to lead them to this holy grail of the future financial space, but it can be hard. The government across the world aren't helping matters either. I'm just afraid too many people are going to be jumping on the last train to cryptoland and so much more will be left behind.