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📣 I am so happy that after 15 years and thousands of projects, the crypto world will finally completely transform into something completely unbelievable for many, and cryptocurrencies will finally have real utility and will not be just a financial instrument with speculative, and in a sense, still uncertain value, although they have already proven that they can be a real store of value and even have the potential to be a kind of protection against inflation and other market risks, but that brings with it a completely different set of risks.
And this is especially because, despite thousands of sophisticated technological projects of (blockchains, cryptocurrencies), which cooperate with each other in various ways, often complement or enhance each other, none of them has so far succeeded in becoming a TRULY USABLE currency that could be used for everyday matters of our lives and would establish its place in the world as a USEFUL TOOL with daily use.
Given the many factors, namely transaction speed, transaction fees, scalability, practicality/simplicity, the possibility of legal acceptance, price stability, and other necessities for mass global adoption, but also lacking willingness to accept, both from consumers and in the business environment, precisely due to the overall inefficiency of current blockchains despite all efforts to constantly improve them, some of the top 50-100, with the exception of meme coins, completely lack any value, both utility and real, undoubtedly achieving at least some and often quite significant improvements.
However, every such solution that came, whether it was Ether, Solana, etc. is basically just a small contribution to fulfilling the basic idea of decentralized currency. None of these projects has brought more than the very important fact ( that more and more people already see the potential, but without prospects for implementation.1/3
🥳 People are already beginning to believe in their true value, despite the fact that they are more of an investment opportunity than a real benefit for them. So there is still a lack of majority understanding of their meaning and significance in the sense of an opportunity that we have been far from able to use for the benefit of society. An important role in this is also played by energy intensity and, nowadays a widely discussed topic of ecology, which can be very crucial AGAINST the possible introduction of DEFI currencies on a global scale, complementing or partially replacing fiat currencies in daily financial transactions. The possibility of completely replacing the existing centralized financial system is a scenario that seems impossible to fulfill. So much focus on "fixing" an insufficiently functional system that it has been forgotten, the very idea of decentralization. Of course, any such technological progress should be appreciated and every effort should be praised. But that's not enough! And the very fact that even the most useful blockchain structure is nothing more than a plug-in/upgrade linked to BTC, whose utility ends where it begins, i.e. it is useful to itself, or the technology, but does not benefit people, moreover, forgets the true essence of DEFI and does not fundamentally bring crypto closer to ordinary people, outside of the mentioned possibility of an investment with an eventual high return, but also with just as much risk. Therefore, it fails in this respect as well and is basically for a narrow group of "chosen". Not to mention the control by corporate institutions. Unfortunately, this has not been avoided, and thus, paradoxically, crypto is becoming a tool for the richest people in the world to multiply their wealth even faster than ever before. This is contrary to the idea, vision and intention of decentralization. It also misses the opportunity given to us. It even seems to be fulfilling the exact opposite of what was intended.
As a result, the middle class becomes even poorer due to the logical disadvantage compared to owners of excessive capital and limited knowledge, and the richest class of people becomes even richer with an extreme difference - thus widening the gap between poverty and wealth disproportionately and particularly unsustainably.
Instead of democratization and justice in the distribution of the planet's wealth to achieve a developing, harmonious, and above all sustainable society, the trend continues towards a disintegrating society, decadence, and mutual exploitation. Violence is supported, while love is scorned. Presumed security and apparent comfort are preferred over freedom and individual reasoning, but especially rivalry over cooperation.
In all of this, the crucial role is played by the inequality that forces us to unnaturally chase after money and thus move away from our )internal( spiritual and human need TO BE YOURSELF! Fulfill your potential!
Technology plays another significant role in everything.
The way we use it today.
While in fact we hardly use them. We are becoming more their servant than their master.
I have contemplated a considerable part of my life over this. How to use these wonderful 🤩 technological advances for the benefit of people and to become happy and achieve wealth and Wealth thanks to them. 🙏
Although I didn't come up with it completely on my own, I already see an opportunity in one project 👈.
I shone with hope while reading the White Paper and conducting thorough research on the Pi Network in 2020. 🤳
These two have been working on this for a long time and with the emerging strong global community, it seems that we are close to it. 🙌🏻
Let's keep our fingers crossed ) so that it turns out well and we experience, in this crazy time, in the Kali Yuga, a well-deserved Golden Age! 🥰 😍
🙏 Do you also believe in Higher Justice like I do?