You Own Crypto. But What Does Your Crypto Own?

My warning: you can be right about where the world is going and still hold very little that benefits.

Photo by Jose Gonzalez on Unsplash

I don’t want to spend the next few years being drunk on crypto’s future while discovering that what I own has very little connection to it.

And I don’t want that for you.

Let’s take a restroom break from all the recent babble about a Bubble — the keyword virtually every media organization is hoping you chug.

Lately, I’ve been thinking about the old saying regarding beer and applying it to some cryptos:

You only rent the stuff.

So listen…

Stablecoins can grow. Assets can move onto blockchains. Institutions can adopt new systems for lending, trading, and settlement.

All of that can happen while a token in your account waits for someone to give it a reason to matter.

That’s the part I want you to examine.

Before another partnership announcement. Before another tatted influencer tells you how early you are. Before a rising price makes the questions feel unnecessary.

What did you actually buy?

The question I keep asking