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Even the most enthusiastic crypto supporter 10 years ago would not believe if we told him that, in the future, you'd see a nation buying weapons with crypto to defend itself from a foreign invader. Yet, here we are.

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by COINS NEWS 113 Views

I think this says so much about how far crypto has come.

It also says so much about what it can do.

Never let anyone argue otherwise: Crypto has already proven, beyond any reasonable doubt, to be a remarkably useful way to send and receive money across the world. As it develops and evolves, it will prove itself useful in even more ways.

There is very little room for error and waste in war, even less so when you are fighting for survival like Ukraine is right now. War demands almost perfect efficiency. If Ukraine is using Crypto to fight for their very survival, it is because it works, it is reliable and it is useful.

...it also says something about how early we are.

It would be a mistake to say we are early to crypto. Ond could argue that most people still don't use it or that in most cases we still need to exchange it for fiat before buying stuff and I get that. However, it is very clear that crypto is no longer just a mean for some dudes to buy weed on the Internet. It is watched over by financial institutions, it is legal tender in some places, it is helping a nation fight off an invasion.

We are not early. We are on the threshold of mainstream acceptance.

It doesn't mean there won't be hard fights ahead with vested interests of legacy financial institutions and governments. I don't know how long it will take until the dust settles, nor what kinds of regulations will be in place, but I'm sure that, having already proved itself, the cat is irrevocably out the bag and crypto is here to stay, even if it never completely does away with TradFi.

So keep researching, learn as much as you can, plan ahead and stick to it.

As a parting message: Support Ukraine. Fuck tyranny.

submitted by /u/gorillamutila
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