Too Long; Didn't Read
Bitcoin gave us a global, sophisticated system of value transference that is controlled by its community instead of a central authority. The underlying technology that powers bitcoin, the blockchain, has sparked a wave of financial and creative exploration that stands to revolutionize industries like finance, health, entertainment, and automotive. The period we’re in can be categorized as a "speculative mania" with 95% of projects in the space are cleverly disguised Ponzi schemes like Terra or outright scams. The industry lacks a killer application (app) that can onboard the next billion people to crypto.