Roope, I agree with you that cryptocurrencies and blockchain technology can and will fix fundamental problems of fiat currencies and solve significant problems for use cases in other areas such as supply chain. As more of the public adopts crypto, they will become more and better educated on the subject and will become more sophisticated users. For many non-adopters, or partial adopters "crypto" and "bitcoin" are synonymous, but of course, they are not. Bitcoin and Ethereum are still the crypto blue-chips just because of recognition but both have significant limitations because they are early iterations of the underlying technology. Bitcoin has a huge carbon footprint and Ether transactions are subject to high and volatile gas fees. It is also relevant to note that developers have been steadily shifting activity to other level 1 blockchains. So while bitcoin may retain much of its value the real long-term promise will be in other coins. Sadly, notwithstanding the serious and useful development work that is going on in the crypto ecosystem, many of the general public are still only exposed to scammers and fraudsters.
Cheers
Andy

Wow, those crypto stats are mind-blowing! 🚀 I first heard about Bitcoin a few years back and started diving into crypto not too long ago. The potential for a decentralized future is exciting. 💡 Let's keep spreading the knowledge and bring crypto to more people! 🌏💰

Roope, it's understandable that Billionaires are using Crypto since they are the ones who are controlling things.

It's obvious that Crypto is here to stay since it is the FED who created Crypto in the first place.

As for half a billion in 15 years who have joined, I'd like to bet that most of them are people getting scammed.

With around 20k different currencies today you have to ask the question why and this is an area that I won't be getting involved with.

The next thing (mind you it's already happening in the US) is everybody getting implants so that "they" have complete control.

That's the way AI is going and if I am not mistaken not too long ago Elon Musk was against AI and the way it was heading and now the lunatic is working on connecting implants in the brain.

The world has gone mad, yet the majority of people will follow what their so-called leaders that they voted in tell them.

Thanks for the information.

Mick

I'm actually doing something very ambitious and new for me here at Wealthy Affiliate and it does involve the cryptocurrency industry.. I'm doing a video series/case study to show people that you can create a successful online business at Wealthy Affiliate and so I'm creating a website and affiliate marketing business from scratch and it targets the crypto niche because I have experience with it and it is still a relatively young, but growing asset class and things are slowly heating up with it.

Investing in crypto is great because it has always been decentralized with no government intervention and controlled on the blockchain. However, most governments around the world are in the throes of introducing it into their currency reserves and doing away with paper money and coins. Once crypto is controlled by Governments, it will not longer be a a good option for investors. Cheers, Jenni.