October 10

What is Crypto and Why is it Not a Scam?

Imagine you’re playing a card game with friends. You lay your cards on the table—those are regular money. You can see them, touch them, and you know they’re in your possession.

Now imagine these cards exist in a digital world, where every card you have can be verified and confirmed, and no one can counterfeit or steal it. That’s cryptocurrency.

When someone says, "Crypto is a scam", I always want to respond: "Then why are the world’s largest companies, like Tesla and PayPal, working with crypto?" Sure, maybe it’s not the "cards" we’re used to. But Bitcoin has been around for over 10 years, and scams don’t usually last that long, right?

Now to the main question: why isn’t crypto just a bubble?

Think about how people reacted to the internet in the 90s: "Who needs this? Emails through computers? Oh, that's hilarious!" And now, we can’t even start our mornings without the internet.

Crypto is the next stage in the evolution of money. It’s not just some new "electronic toys"; it’s a system where you’re the chief banker. Your assets work for you, without intermediaries like banks.

A simple example: Imagine you have $100. You put them in the bank, and the bank decides what to do with them. Now imagine you can "deposit" these $100 into crypto and decide for yourself how and when to use them. This is no longer about "cards"; it’s about control.

And no, it doesn’t mean that tomorrow everyone will switch to crypto. But the world is already changing, and standing on the sidelines like Non-Coiners, clinging to cards, is silly when everyone around you is already using crypto.

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