Ideas Post

Reasons I Support Cryptocurrency

The future is here.

    1. Divorced from any central bank

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    Not associated with a national government. The government cannot decide to print more.

    2. Store of value - should increase in value over time

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    Many coins have a limited a supply.

    3. The currency of the Metaverse

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    When you are playing Roblox you use cryptocurrency to play games, get skin upgrades and pay developers.

    4. Transparency on the ledger

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    All the transactions are recorded in an open system so that everyone can see transactions happening.

    5. Different project goals

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    Each coin has a different goal they are trying to accomplish.

    6. Avoid banking fees

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    The big banks have been sucking fees for generations. These coins bypass this system.

    7. Send money across the globe quickly

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    I can quickly send money to charity causes in Africa without having to wait for a bank.

    8. Lots of different currency choices

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    There are new coins coming online everyday. Lots for me to choose from.

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JamesAltucher @JamesAltucher
One other important thing: crypto is a way to create an "internet of value". Anything that has value (a house, a stock, a book, an Uber ride, a ticket, etc) can be tokenized and then traded on a DeFi exchange. This will change the world economy.
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Collin @harnessmoney
That is a great idea. It would be awesome if I could tokenize the things in my life to raise money to buy more assets.
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