It’s time to flip the outdated notion of crypto as a “risk-on” asset in light of the growing global geopolitical and economic instability.
This outdated mindset ignores the structural evolution of crypto. In truth, the best digital assets are really “risk-off” alternatives: decentralized, censorship-resistant, globally accessible stores and rails of value that don’t rely on trust in any single nation-state or monetary authority.
During Covid, crypto attracted significant capital as both a safe haven and a source of opportunity, based on its exciting technological promises.
No one wishes for more global unrest, but given today’s uncertain landscape, a larger crypto market cap isn’t just good for prices, it’s essential for relevance. The more capitalized crypto becomes, the more it matters on the global stage as a credible, neutral, and durable financial system.
We should embrace the new narrative and make it a reality.