Evolution Of Crypto A World Currency

Crypto mainly bitcoin has seen some wild days seriously. I still remember back when there were about four to work with. There was Bitcoin, Litecoin, Ethereum and a dogecoin. At the time dogecoin was a huge meme of a token and you could pick it up in droves. Which leads me to other meme coins potentially being the same thing in 10 years down the road. Not all but maybe one of those will take off and stick around.

Since then bitcoin has gone through a lot from a once stick it to the government to a now governments and companies adopting it. The most recent case of this is Microsoft putting it on its voting ballet to possible buy bitcoin and add it to it's business finances. This shows that other large companies are watching and taking note of the success that micro strategies has been having with this.

We also have other news coming in, in terms of adoption of crypto into traditional finance systems. One of the newest comes from Chainlink which is launching a SWIFT integration for institutional systems.

What we are seeing happening is crypto moving away from the every day person and more and more into the hands of the wealth. Think governments, companies and other traditional methods. It seems like the biggest flaw of crypto comes down to no real easy way for people get their fiat into it, high fees and slow transaction times and thus it's being adopted instead into the existing framework of the financial system a complete 180 if you ask me.

However we are also seeing the expansion of DeFi and as long as these systems can get it right for once and avoid these massive hacks then it stands a real chance. Cardana or ADA is working on bitcoin liquidity with a new BitcoinOS bridge. Now here's the thing a lot of these bridges at times can either be big successes or they can fall flat in which there is no demand really for the bridge.

One of the projects to really start watching is BitcoinOS which I feel is still flying under the radar for many.

AI is also taking a new stance in crypto and I think the biggest case of that right now is a twitter account called Terminal of Truths it's a completely run AI account. I mean you can tell by some of the wild stuff it says lol. But here's the real kicker the AI is actully generating profits. Ah you can always tell when it starts feeding off the internet because it always goes in one degen direction lol.

But the kicker is the account came up with the idea for the meme coin, humans created the meme coin and then tagged the bot constantly until it pushed the meme coin thus creating what you see today as the GOAT meme coin. It's kind of wild but also shows how humans can still greatly manipulate AI.

Some of the biggest pushes for me though that I'm interested in are projects that are connecting blockchain to blockchain. That's because with it your tokens are locked up and can be really liquid for any reason. Instead you have to jump through crazy tasks just to convert crypto A to crypto B. The real value here is going to come down to systems that automated this with guarantees and also systems that simplify this process so there are less jumps to convert crypto A to crypto B.

Posted Using InLeo Alpha