Living a Secret Life as a Bitcoin/Crypto Investor
I’ve seen the space evolve significantly since 2017, particularly with the plethora of use cases — DeFi, NFTs and Bitcoin Ordinals, DePIN, the early stages of real-world assets (RWAs), etc. — and the technological improvements on numerous blockchains, especially Ethereum since it launched the Beacon Chain in 2020, i.e., the beginning of proof-of-stake on its network.
By now, I thought most people would be inclined to give Bitcoin, altcoins and blockchain tech a shot. This entire sector is proving to be a major disruptive force here to stay.
Less than 8% of the world owns Bitcoin/crypto, which remains very niche even in highly developed regions like Europe, North America, and parts of Asia.
Even though public blockchains led by Bitcoin and Ethereum are far more transparent than legacy financial and tech systems, widespread distrust and scepticism remain. Alas.
This has impacted friendships, family and dating, notably the latter. Every time I’ve suggested Bitcoin to potential partners, it’s often met with suspicion and, in some cases, disappointment, thinking I’m intent on scamming individuals and participating in this “Ponzi scheme”.
As we recently saw a crowd booing the idea of Bitcoin in an Ohio State University commencement speech — not to mention the lack of crypto regulations in the USA — I’m not banking on Bitcoin adoption anytime soon.
I…
