Cointime

Download App
iOS & Android

Is Crypto Actually Doing Anything?

Validated Individual Expert

With the world in flux, is crypto here to stay?

DOGE to the moon, Bitcoin is the currency of the future and Ethereum is a world computer that brings the internet and capitalism to a global audience. We live in an era of emotional decisions. Everything we do is impacted by emotion and non-fungible technicalities.

Do we even use logic anymore? We are so damn lazy and all we care about is instant gratification and greed. The future is meaningless, money is abundant, and inflation runs rampant. We need crypto to satisfy our desires and fix all the world’s problems. These are proven facts… right?

How do we keep up with all the hype? How do we follow the trends and become rich ourselves? Are we playing a game we can’t win? Are we clinging on to a dream of immutable money because we are selfish and want to become rich ourselves? Maybe we are hypocrites, maybe all we really want is to cling to an idea that crypto can make the world a better place because deep down we just want to become rich ourselves. This game we created with our ambition and dreams. This game is the spawn of one of the most pivotal dreams on the planet, the American Dream.

I am not writing this to persuade anyone. Although no matter the intentions someone will read this and feel some kind of way. Maybe its you, maybe you will contemplate your life, the future and the whole point of all this nonsense. But what is the nonsense? Is it crypto? Is it our ideals? Is it the history we weren’t even around to experience that influenced the way that we live? Maybe everything led to this… I mean obviously, that’s how life works right?

What if I said we have always been this way? Nothing has changed. Nothing at all but the screen in front of your face. Is there any one thing that will fix all our problems? Has there ever been?

The market is crashing, sentiment is sinking, our jobs are dissolving, and hope is following suit. THIS HAS HAPPENED BEFORE. History repeats itself all the time. We are humans. We struggle with our place on this Earth. We wish to define who we are and how we feel. The internet has brought that to a head once again. We have access like never before. Privilege and power like never before. But there is accountability in this responsibility and perhaps that lies within the discovery of blockchain and cryptocurrency.

We want to better our lives. We want to make an impact on the future and to never be forgotten. We want systems that reach into the stars. Whether we acknowledge it or not, as humans our survival matters. But not just that, we want to thrive. We want humans around us that care about the future, because we know if their future is bright, it will push us to become more. Perhaps through immutability and decentralization, crypto is the accountability we need. Maybe it is an incentive to press us into a new age of freedom and self fulfilment. But first, maybe we must come to terms with ourselves.

Comments

All Comments

Recommended for you

  • Russian Foreign Minister Lavrov: Meeting with U.S. Secretary of State Rubio Scheduled for Tomorrow

    On July 22, Russian Foreign Minister Lavrov stated that the meeting with U.S. Secretary of State Rubio has been scheduled for tomorrow.

  • Supermicro Surges Over 14% Pre-Market as Q4 Gross Margin Doubles Guidance, New Orders Exceed $60 Billion

    On July 22, AI server manufacturer Supermicro (SMCI.US) surged over 14% in pre-market trading to $29.17. On the news, the company released preliminary results for the fourth fiscal quarter ended June 30. The company's GAAP and non-GAAP gross margins are expected to be between 15% and 17%, nearly double the previously guided range of 8.2% to 8.4%. Management attributed this better-than-expected performance to favorable customer structure and product mix. Meanwhile, the company's total new orders for the quarter exceeded $60 billion, a record high.

  • US Optical Communication Stocks Fall in Pre-market, Marvell Down Over 2%

    On July 22, US optical communication concept stocks fell collectively in pre-market trading, with Astera Labs, Coherent, Credo Technology, Ciena, AXT Inc, and MaxLinear falling more than 3%, and Fabrinet, Lumentum, Corning, Applied Optoelectronics, Tower Semiconductor, Marvell Technology, POET Technologies, and GlobalFoundries falling more than 2%.

  • US AI chip stocks fall pre-market, Intel down 3%

    On July 22, US stock market AI chip stocks generally fell before the market open, with Intel down 3%, TSMC, AMD, and Qualcomm down over 2%, Broadcom down nearly 2%, and NXP and Nvidia down over 2%.

  • Russia Develops 150nm Lithography Machine, Performance Comparable to Pentium 4 from 20 Years Ago

    On July 22, according to Fast Technology, Russia's Green City Nanotechnology Center (ZNTC) has successfully developed a prototype of an electron beam lithography machine (ELL) with a design standard of 150nm. The project is a key research and development task under the framework of Russia's national plan for scientific and technological development, codenamed Progress ELL 150. This device is mainly used for manufacturing photomasks, and can also directly draw circuit patterns on substrates without using masks. The 150nm process roughly corresponds to the performance level of Intel's Pentium 4 from 20 years ago. In 2025, ZNTC demonstrated a similar device with 350nm resolution, and has now advanced to 90nm and 130nm technology nodes. Industry experts point out that such equipment is only suitable for small batch production of specialized chips in fields such as aerospace and defense.

  • Beijing State-owned Capital: Nearly 10 Billion Yuan Allocated to Stock Market from Own Funds

    On July 22, Beijing State-owned Capital Operation and Management Co., Ltd. announced that, as of now, it has allocated nearly 10 billion yuan from its own funds to invest in the stock market. Going forward, the company will continue to support listed company stocks using its own funds and through its subsidiaries, including securities firms and public funds, while also backing the development of the Beijing Stock Exchange. Rooted in its functional role as a state-owned capital operator, the firm is committed to safeguarding the strategic value of core assets of listed companies and contributing to the stable and healthy growth of the capital market through concrete actions, as a state-owned enterprise based in Beijing. (Beijing State-owned Capital)

  • U.S. Stock Futures Fall, Major Indices Decline

    U.S. stock futures are lower, with Nasdaq 100 futures down 1%, S&P 500 futures down 0.4%, and Dow futures down 0.3%.

  • Japan's Two-Year Government Bond Yield Rises to 1.47%, First Time Since 1995

    Japan's two-year government bond yield rose to 1.47%, the first time since 1995.

  • WTI and Brent Crude Surge Over 4%

    On July 22, international oil prices surged rapidly. WTI crude oil futures rose over 4% to $87.77 per barrel; Brent crude oil futures rose over 4% to $94.71 per barrel.

  • Bank of Japan Reportedly Willing to Raise Rates Faster Than Once Every Six Months

    On July 22, the Bank of Japan is reportedly willing to raise interest rates at a pace faster than once every six months.