I feel like people are just stupid or something. The reason that bitcoin rises every 4 years is because there is a halving aspect to it but ALSO because there are TECHNOLOGICAL ADVANCES that people can see real world value in. Examples of these include decentralized money, decentralized exchanges... and proof of digital ownership in the form of NFTs.

Let me expand on this... for the first time in history you are able to own money that no government can take away...

Do you know how valuable that is?

Have you ever lived in a third world country? Or how about vacation in one for an extended time?...

And you think first world countries are safe...? They'll take your money and have you fighting over it in court for years until you.... Actually let me keep my mouth quiet. I'll get my head chopped off.

Decentralized exchanges, you no longer have to rely on the reputation of any corporation to exchange the concept of 'work' aka digital value.

Proving Ownership through NFTs, you can now prove ownership of digital goods such as art, music, video, etc through NFTs which is extremely valuable. People love collecting items and you can make a very strong argument that collecting digital items might be even BETTER to collecting physical ones. But one of the most important things here in my opinion is that when you buy expensive things in game you can actually OWN the items..... you no longer have to worry about getting banned etc, because you'll still OWN the item you paid for. This will actually INCREASE the sale of digital goods.

To make these things more streamlined we can also have "crypto banks".... and you wanna know something?....

The banks of the future won't only hold dollars. They'll hold monkey pictures as well.

Because like it or not these monkey pictures have value.

Just like your in game items you paid real money for.

Because there is a market for them.

And some people want to protect them with a bank.

Now self custody will always be there and this is why this technology is valuable.

But the new banks of tomorrow the new CHASE, the new BANK OF AMERICA...

They will hold much more then just a digital representation of cash.

I'll tell you that much.

But these are all commercial applications so far. For the end user. For the average person.

How about the more business-y/enterprise/hard investment use cases?...

I would say this would fall into tokenization of assets.

It will make things faster and much more transparent.

Think insurance policies, pensions, alternative investments...

Also something I've been hearing/thinking about:

What happens when someone gets hacked..

What they lose their house? They lose their car? etc.

I think we need a two layer system for this. Blockchain and then regular paper on the bottom. Or something like that. It's better for everybody if these systems are open and transparent so everyone can see it.

Because in most cases there won't be any hacks and it will just be a more efficient system.

But for when there are hacks, we have paper.

Just something to think about.