2025 will be the year of all-change. Mark my words. I'm not the only person that sees this problem, and I do believe that humanity is lopsided towards the good, else we'd be living in caves, right?
But how did we get here?
Well, my journey started one fateful day when I was talking to my friend online about the situation we were in. The 2008 crash had been epic, both my wife and I had lost our jobs at around about the same time, and right then I was doing all that I could to hold whatever we had financially together on a piece of string.
That's when my friend started talking about how he mined 300,000 dogecoin and he was going to sell it for a full Bitcoin. He was excited because doge had just launched and it was going onto the market soon, and he was going to get a Bitcoin out of it.
For reference we were at the tail end of the 2013 bull run, so btc was about $300-$400 about then. Still, that was an amount not to be sniffed at.
Magic internet money? What the hell is this?
This new knowledge set me on a six month long journey of learning what blockchain was, how it advances the world, and how it brings new hope to an otherwise bleak and irreparable marketplace.
I mean things back then were bleak for us. It seemed like everything financial was trying to screw us six ways to Sunday.
I was in!
You see, I doubt many people have thought about why blockchain in general is so valuable. Why Bitcoin is perhaps the most valuable asset you can ever own right now.
Have you pondered why?
Perhaps not, but I'll tell you why.
Bitcoin solved the Byzantine Generals Problem -- it basically solved the problem of central banking. It removes the need for them entirely. A people owned currency, rather than an institutional one.
The Byzantine Generals Problem is one that explores how multiple parties can reach consensus when some of them may be unreliable or malicious.
In our previous monetary system we had banks to ensure that all transactions were valid, despite the potential for errors or fraud. This way the bank can enforce consensus through all networks, maintaining a level of agreement throughout its boundaries (like a country).
Bitcoin removes the need for central authority consensus, and relies on a public distributed ledger. By updating all wallets at the same time with valid entries then there is no need for an authority to wield its magic wand, or be corrupted and controlled from the inside.
That's why I got involved in the first place. It was a token for the people, by the people. A way to circumnavigate the cesspit of nepotism and corruption that has become our central banks.
Yet, 11 years later -- did we change anything?
No, not really.
The same wide wealth gap that existed in the fiat monetary system exists in crypto. The same people that control and dictate the flow of the financials now have institutional wealth in Bitcoin.
Literally nothing has changed.
Exchanges are now the central banks controlling the monopoly on who makes it and who doesn't, and the same type of gatekeeping and nepotism that exists in fiat, exists in crypto -- just with different faces.
Yet, it's not the fault of crypto of course.
Crypto is just a tool.
A screwdriver is a tool. You can build a house with a screwdriver, or you can stab someone in the face with it and kill them.
The choice is with the person that has the screwdriver.
It is of course a human problem. It always has been, and it always will be.
It's why Communism sounds great on paper but doesn't work in reality. When everyone has everything they need, there will always be that one person that thinks they deserve your share, and stop at nothing to get it.
Those we seek control and power will always walk to the ends of the earth to get it.
And this is what we see with crypto right now. An ultimately fantastic idea; a people's money, for the people, by the people, co-opted by institutions and people that just love to hoard wealth.
In my eyes for the whole ecosystem to flourish there needs to be incredible change. Like deep, to the core, soul searching change.
But how do we do that when it's the natural instinct for humans to sit on a pile of rocks if those rocks are valuable -- it's in our nature.
It's not our fault entirely -- it's deeply primal. Hard to pull back those neuro-highways in the brain.
Well, there is several things that are happening right now in this space that are going to rock crypto to the very foundations in the coming months and change perceptions and ideas to the core.
If you don't see it -- then you haven't been paying attention.
There are several players in this space right now who have been making big, sweeping moves to put finance back in the hands of the regular user, and keep it there. Not only the regular user but the person who doesn't even use crypto.
But not only that there is a massive drive to simplify web3 and to make it indistinguishable from web2.
It won't bet long before web3 completely eats up web2.
MASSIVE SWEEPING CHANGE is on the horizon if you care to look for it hard enough.
It is there, if you connect the dots, see what all the connected businesses are working on in unison -- yes, they're all working together, and they're about to blow everything you thought about finance, the web, information; everything -- out of the water.
And it's coming way way way sooner than you think.
Hold onto your hats friends. This bull run is going to be the beginning of something different for humanity.
Mark my words.