Crypto Is Not Dead, Crypto Is Reborn
Cryptocurrency is evolving to serve fundamental human impulses that have persisted for millennia: speculation, ownership, and value transfer. Historically, humans have always sought to wager on uncertain outcomes, from ancient dice games to modern financial markets. Traditional finance built complex, restrictive systems around these impulses, but crypto is removing friction and gatekeeping.
Platforms like Hyperliquid demonstrate this by processing 2% of global silver trading volume in a month via a decentralized, permissionless protocol—attracting users who desired exposure but were hindered by traditional infrastructure. Prediction markets like Polymarket and Kalshi monetize opinions and are gaining mainstream traction through partnerships with major media outlets and platforms like Robinhood.
Beyond speculation, crypto addresses the need for ownership through tokenization of real-world assets (RWA), like U.S. Treasuries and gold, making them globally accessible and programmable. BlackRock’s move to trade its tokenized treasury fund on Uniswap signals institutional recognition of this infrastructure.
Stablecoins, meanwhile, have found product-market fit in countries with weak currencies, enabling everyday transactions where traditional systems fail.
Despite price volatility and past failures, crypto’s underlying infrastructure is becoming invisible yet essential—fulfilling ancient human desires to speculate, transfer value, and assert ownership without traditional barriers. The technology is maturing by eliminating friction, expanding access, and embedding itself into the fabric of global finance.
比推02/19 19:47
