Before the coming of crypto, there were very few ways for the average person to completely change their financial situation. A lot of people remain in the same financial situation throughout their lives irrespective of how hard they might work. Many had to turn to things like gambling and illegal deals to make significant sums.
Crypto has on more than one occasion turned regular, average investors into millionaires almost overnight. It is the speed of such changes that has made crypto so attractive to many seeking to change their financial fortunes, even though those kind of motives should be discouraged in the space.
While we seek out the proper motives for being part of the crypto project though, we cannot discount the money factor. It is a huge attraction into the space, perhaps even before people consider the value factor, and understandably so.
Crypto won't even have been in existence if traditional systems did not show obvious cracks in handling a global financial crisis. What's more, we were also shown just how volatile the system was in the long term, despite promising long term stability. This realization that we were essentially on our own has given a lot more people reason to take their financial destinies into their hands.
There is nothing wrong in working a regular job and contributing to society in a meaningful way. That along with contentment has been the bane of our society and has allowed us flourish. Yet should we seek out a more secure financial future as poverty is a condition that must be rejected.
Then we talk about those who are already economically disadvantaged, perhaps during to location or their qualifications and educational background. The way the cryptoverse is, there is a place for every kind of investor and qualifications aren't necessary. It means a regular person from anywhere in the World can completely transform their financial fortunes with the Blockchain.
Conclusion
Furthermore, the traditional systems are programmed to ensure that the rich continues to get richer. The Blockchain, while imperfect, is a much needed disruption to tackle this issue. It gives the common man hope of a transformation more than any other system out there. If we really will all be rich, crypto will play a leading role in ensuring that is the case
Crypto is changing lives, but more importantly it is giving a lifeline to many who may not have had the luxury of hope. The future promises to have even more in store and be even more interesting.
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I tend to agree with you but it is also down to the people allowing Crypto to gibe them a chance at succeeding. Many don't put the work in and for many they don't see the opportunity they have. How many are selling and not staking is crazy as they will never improve their lives. Hope is there for everyone but only a few will take it and improve their situation.
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