Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

🧐It’s time to refresh our minds.


📍What are the reasons, do you agree?

1. _Stablecoins_
Stablecoins have clearly demonstrated their "rigid demand" as a cryptocurrency, especially the global demand for US dollars is huge, and stablecoins are increasingly meeting this demand

2. _Superior Financial Rails_
The rise of extremely cheap block space, such as through L2, combined with the popularity of stablecoins, has created a payment instrument that is indisputably superior to the banking of the past.

3. _Institutional Adoption_
It is increasingly likely to see the approval of a Bitcoin spot ETF, while more and more traditional financial institutions are expressing support for Bitcoin and DeFi.

4. _Privacy/Account Abstraction_
The lack of privacy protection has always restricted the application of cryptocurrencies in terms of mainstream business needs. But with the advent of privacy solutions like the Silent Protocol, there will be a big boost in this regard.

5. _The Increasingly Digital Economy_
The main topic of the past decade has revolved around the increasing onlineization of the global economy, remote work, cryptocurrency, labor, AI, social media, etc. are all part of it.
As this evolution accelerates, it will become increasingly clear that web-based crypto-assets and infrastructure have advantages over existing bank-based s, which are less adapted to the online world.

6. _Debasement/Reflexivity_
There is a lack of political will in the West to engage in fiscal austerity, and even Powell_s rate hikes only underscore the problem of fiscal dominance, as interest payments in the US surge, leading to larger budget deficits.

7. _Personal Sovereignty_
No one can deny that regions like the US, Canada, and Western Europe are facing recession in terms of society, culture, population, economy, etc.
As things inevitably get worse, and the aforementioned sovereign debt crisis escalates, the permissionless, self-custodial value proposition offered by cryptocurrencies becomes all the more important.

8. _Fatalistic Bullishness_
Traditional avenues of upward class mobility become less realistic for ordinary people, and the public_s propensity for gambling and more "indulgent" forms of speculation will increase.

9. _Congruency With Cultural Shifts_
Cryptocurrencies are riding on the momentum, dovetailing with a growing rejection of the office-farm corporate work culture. This paradigm shift has been going on since the 90s, but has accelerated a lot in recent years.
To a certain extent, this is obviously a downstream effect of the digital economy, but it also has deeper significance. Represents an extremely positive spiritual shift from the Kafkaesque "bug-humanism" of the late stages of Western culture.

10. _Intellectual Capital_
It attracts the brightest and most creative young people on the planet.

🎯Remember these 10 points, don’t get regret in few years later.

Source:
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)