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Why Crypto, Why Now?
38 colossal use cases for Crypto.
I remember the first time I learned about the internet. It was in 1993 and it was described as the “information superhighway.” Being a teenager at the time, I couldn’t grasp an understanding of “information superhighway” or its importance and largely forgot about the internet until the late ‘90s when Google launched.
Many people smarter than myself compare the growth of crypto to the growth of the internet. This is a pretty easy concept to grasp. More users growing exponentially. But, I want to focus on the innovation aspect of crypto and what its actual use cases are today and can potentially be in the future.
The purpose of this article is to help expand our understanding of the tremendous growth and justifying the valuations crypto assets are seeing in our current environment. Keep in mind that these are my own interpretations and thoughts.
1- Diversification- Crypto is a new asset class. Time will determine whether it is or isn’t correlated with other asset classes (stocks, bonds, real estate, commodities, etc.). Just today, The Economist, published an article describing why it makes sense to diversify part of a portfolio with Bitcoin.
2- Passive income via lending- Crypto allows investors to earn a yield by loaning out their crypto assets. There…
