Why You Should Stay Loyal to Cryptocurrency: And Why You Should Believe in It

Collective Fatigue Is Not a Reason to Give Up

When Ken Chan, co-founder of Aevo, posted a provocative headline saying “I wasted 8 years of my life in the crypto industry,” he voiced what many were silently feeling. Fatigue from constant news chasing, reckless trends, meme coins, and speculation truly accumulates. However, this feeling is a natural response, not a prediction.

The reasons for this fatigue are structural. Hype outpaces fundamentals; narratives change faster than technology develops; cultural heroes share the stage with collective doubt; projects often don’t fail—they simply disappear. This is not a weakness of the crypto industry but its current reality. Yet Nic Carter from Castle Island Ventures provided a well-founded response to Ken’s pessimism: “I don’t regret spending eight years in the crypto industry.” His reasoning captures why you should keep believing.

Five Reasons Why Cryptocurrency Still Changes the World

When asked “What do we truly believe in?” Nic Carter highlighted five fundamental areas:

A Healthier Monetary System. Bitcoin was not created as a means of wealth accumulation but as a response to the 2008 crisis. Peer-to-peer electronic cash system — the first sentence of its whitepaper. Humanity has gained money that doesn’t require trust in any person or institution. Web2 companies can shut down your account tomorrow; but no one can stop your Bitcoin transaction.

Encoding Business Logic. Smart contracts have for the first time allowed programming of interaction rules without intermediaries.

Digital Ownership. You now have assets that you fully control without permission from the state or a company.

More Efficient Capital Markets. Crypto encodes financial transactions faster and cheaper than traditional systems.

Global Financial Inclusion. Billions of unbanked people have gained access to a unified digital financial system for the first time.

Where Crypto Has Already Changed Reality

The arithmetic of facts is undeniable. In Argentina, Turkey, and Venezuela, where inflation destroys local currencies, stablecoins have already become an underground financial system. Stablecoins account for 61.8% of crypto trading volume in Argentina — this is not speculation but survival.

For freelancers and digital nomads, USDT has become a digital dollar. For traders and entrepreneurs, converting pesos to USDT with one click is much safer than hiding cash under a mattress or risking on the black market.

This is distrust of government credit, but not chaos — it is a protection of private property. In countries where currency constantly devalues, each such transaction is a resistance to systemic plunder.

Institutional Inertia Continues

Here are some actual developments:

• Almost all top-20 global funds already have Web3 divisions
• TradFi institutions continue entering the market: BlackRock, Fidelity, CME
• Government digital currencies are oriented towards Bitcoin
• Digital asset ETFs in the US are breaking records for inflows
• Over 15 years, Bitcoin has entered the top 10 financial assets worldwide

Even if the industry is filled with speculation, fraud, and chaos, these changes have already happened. They have changed the world. And the crypto industry will continue to reshape the global financial structure.

Lessons from the Internet World: You Must Understand Cycles

Modern doubts often fade before a historical perspective.

In 2000, the internet bubble burst: NASDAQ fell 78%. In 1995, Amazon was just called “a site for selling books.” In 1998, Google was considered worse than Yahoo. Social networks in 2006 were just “teenage rebellion.”

The first internet was filled with thousands of startups that disappeared; innovations left in the past; investments without returns. 90% of early mobile products did not survive. But it was not in vain.

BBS, portals, dial-up — these disappeared. However, the infrastructure they created — browsers, TCP/IP, servers, compilers — became the foundation for Facebook, Google, Apple, mobile internet, cloud computing, AI. Each generation of technology destroys the previous one, but none was thoughtless.

Crypto is following the same path. Technological revolutions never end with just one generation.

You Are Not Alone in Your Persistence

Even if Ethereum is replaced by other blockchains, Layer 2 solutions rewrite new architectures, and all DEXes disappear — it will not be in vain. You are laying the groundwork for the future. Experimenting. Setting parameters. Conducting social experiments. Leaving experience for those who come after.

You are not the end of the crypto story — you are its first generation. And you are not alone. Millions of developers, researchers, node operators, fund managers, and builders around the world are moving this era forward with you.

Global inflation, sovereign debt, asset shortages after the fall of risk-free rates, lack of privacy — all these problems make the vision of the crypto industry not outdated but even more relevant.

Water does not compete but benefits everyone. And you still must believe in what you do.