Yesterday, a lively debate erupted under a cool archival video from the early years of the internet. The summary is that one side claims crypto has no real application other than speculation, while the other side defends crypto.
I thought it would be useful to summarize the conclusions in a separate post and back them up with links to support the facts.

The First Application of Blockchain/Crypto: Money!
Even the title page of the main document of the first cryptocurrency, Bitcoin, clearly states the project's purpose - a system of international peer-to-peer payments (essentially, if simplified - a sort of Western Union).
If it's about money, then let's ask the question: How do we use money on a daily basis? Most often, we:
Store it Pay with it Try to multiply it
Crypto addresses all three of these tasks on a new level.
1) 🏦Storing Money
You can now store money not in banks, where there are blockages, sanctions, and restrictions on withdrawals and conversions, but in your own wallets! This alone is enough to see how cool, innovative, and much safer this is!
To clarify, according to various estimates, the total number of crypto asset users as of December 2023 is already 575 million people! By 2024, it will reach 850-950 million users!
In other words, if more than half a billion crypto users worldwide isn't enough, then other arguments fall away!
2) 💸Paying/Transferring Money
Try making an international transfer or withdrawing more than $10-$20k USD. Or try not sending another document to the bank proving you are not a terrorist. It will immediately become clear who really owns your money.
Over 90% of daily crypto turnover is NOT BTC, ETH, and various altcoins! These are stablecoins! Currently, $46 billion USD out of $49 billion USD of total daily crypto turnover worldwide is people paying each other with stable tokens! NOW! ☝️
The fact that housewives aren't yet using this is not an indicator. They don't use many things now either, like insurance products. They will start when platforms like Stripe, Robinhood, PayPal, and Telegram begin integrating, which is already happening. And, as before, it will all go unnoticed.
3) 📈Multiplying Money
No comment needed. Housewives are barely making ends meet. What kind of investments!? Those who do invest have long seen higher returns on crypto products than on traditional financial instruments and quietly earn at their leisure.
Examples from different historical cycles, on various products - in rising, falling, or sideways markets - have been constantly posted on this channel for many years. With a genuine desire to understand, you can always scroll back, find everything, and compare!
Conclusion
With arguments and counterarguments, I suggest moving to the comments below.
Have a great week everyone! 🤝
#CryptoAdoption #BlockchainTechnology #DigitalCurrency #Stablecoins #CryptoInvestment

#Bitcoin the pioneering #cryptocurrency has been making waves in the financial world since its inception in 2009. While many know the basics, there are some lesser-known facts about Bitcoin that are worth exploring.
Common Facts:
- Bitcoin is decentralized, meaning no government or institution controls it.
- Transactions are recorded on a public ledger called the blockchain.
- The total supply of Bitcoin is capped at 21 million.
Less Common Facts:
- The creator of Bitcoin, #Satoshi Nakamoto, remains anonymous to this day.
- The first Bitcoin transaction was between Satoshi and developer Hal Finney, with 10 $BTC sent as a test.
- Bitcoin's codebase is written in C++, with elements of cryptography and game theory.
- The blockchain is also used for purposes beyond cryptocurrency, such as storing medical records and voting systems.
Fun Facts:
- The first real-world transaction was for two Papa John's pizzas, worth 10,000 BTC (now worth millions!).

- Bitcoin has its own symbol:, like the dollar sign ($).- The largest Bitcoin transaction was 500,000 $BTC (worth over $2 billion at the time!).
Poll:
What do you think is the most interesting fact about Bitcoin?
A) Its decentralized nature
B) The anonymous creator
C) The first pizza purchase
D) Its potential beyond cryptocurrency
Let us know in the comments!

#Bitcoin #Cryptocurrency #Blockchain #SatoshiNakamoto #DecentralizedFinance #FinTech #DigitalCurrency
I hope you found this article informative and engaging! Let me know!