Today I’m not writing about any crypto specific topic. It’s rather a reflection over this past year, and some thoughts I wanted to share.
Yes, it’s been a year since I started Crypto Explained.
It’s been a year of consistent weekly publishing, regardless of work, vacations, Xmas/New Year, traveling, etc.
Fast forward 57 articles, a lot has happened.
Thank you all for reading me, and for all your support!
Looking back, I took a moment to reflect on this journey, and would like to share some of my thoughts with you.
I definitely learned a lot.
I thought I knew, but when I first sat down to start writing, it was embarrassing how little I actually knew. It was a humbling lesson, and it continues to be so. Thorough research has gone into every single piece of article I put out here.
I guess I’ve benefited the most after all.
My first bear market.
I’ve been into crypto since the beginning of 2020, and at that time the market was already bearish due to covid.
Therefore, technically this is my first actual bear market.
In this process, I got burnt with Terra LUNA’s collapse, and it was a hard and humbling lesson, but above all it was a reminder that the reason why I’m involved in crypto is not to get rich fast or any other short-term development.
Particularly considering the amount of noise in this space.
And there is so much noise.
So when in doubt, take a step back, and focus on big picture.
I’m taking this opportunity to evaluate my thoughts on crypto overall, what matters, and why I keep investing time and energy in it.
After careful consideration, I found myself back to the fundamentals:
The key value I see in crypto is still the fact that it provides an alternative to existing systems that can improve people’s lives.
Don’t get me wrong, I don’t think crypto is necessarily better at everything, but what matters here is that it offers an option, it provides a possibility to choose, and the fact that people can have access to a different alternative.As a Strategy & Operations person (yeah, for those who don’t know, this is what I do for a living), I’m fascinated by the innovative solutions the combination of blockchain technology and cryptography can bring to the table to solve real-world problems.
And to make this better, it often does it by leveraging behavioral and game theory mechanisms.The philosophical part of me is excited about the evolution of money it represents.
As humanity went from the barter system, to hard money, to the fiat system, we are now developing the potential next monetary system of the 21st century… we came a long way, and it is quite exciting to not just witness but also be part of such historic transition.
Here is my first ever article on crypto - Why I’m Bullish on Crypto
I still share this same conviction.
So what’s next?
I’ll keep writing, but I need some more inspiration, and time to think as well. So instead of a weekly article, I’ll be doing this on a biweekly basis.
In terms of topics, I’d like to continue with the diversity. However, I’ll be focusing more on fundamentals, key concepts, as well as projects that might be more low profile but that are doing some great stuff!
Writing my thoughts down today is almost a way for me to focus again on why I’m doing this, and make sure I’m on the right direction.
I’ve received great support from you, and I hope I somehow contributed a little bit to your journey in understanding crypto. I’d be very grateful.
I’ll strive to continue sharing quality content in a simple and easy to understand way.
Onwards to year number 2!
Thank you all again for making it this far. Not just in terms of this article, but the overall Crypto Explained newsletter.