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What do you believe in?

The belief in crypto has fallen through the floor in second quarter 2022, mainly due to factors from stablecoins that became unstable to exchanges that locked customers in (Celsius, Binance). So, I found it interesting when one cryptopunk asked the question on twitter: what do you believe in?

I thought I’d pick out a few interesting responses. Some seem to have lost faith in Vitalik Buterin, the co-creator of Ethereum, whilst others are still engaged.

But most are bullish about the future of crypto.

Maybe because the government will give crypto a massive bailout, like the one they gave the banks in 2008.

Or because by using blockchain in HealthTech and InsurTech for example, industries can work together.

And that NFT (non-fungible tokens) still matter.

In fact, if you’re interested in this area and are familiar with terms like PFP (Picture-for-Proof), then this thread is for you.

I also liked this one:

Will you take the red or the blue pill?

 

About Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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